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VIETNAM BUSINESS NEWS HEADLINES OCTOBER 27

Banking-finance industry to embrace digital transformation

 

Vietnam works hard to combat illegal fishing

Viet Nam has taken various measures to handle illegal, unreported and unregulated (IUU) fishing since it received a “yellow card” warning from the European Commission (EC) in October 2017.

 

Why foreign investors are flocking to Vietnam

Whichever way you look at them, Vietnam’s Key Performance Indicators tell a compelling investment story.

Vietnam sees the possibilities of blockchain

Blockchain technology boasts substantial potential in a host of fields in Vietnam.

Khanh Hoa: Developer illegally sells 20 apartments to foreigners

Local authorities in Khanh Hoa Province have asked Cat Tiger Khareal Company, owner of the Napoleon Castle 1 residential project, to terminate and liquidate property contracts related to the illegal sale of 20 apartments to foreign buyers.

Vietnam’s farmland use efficiency just one third of Thailand and Indonesia

The Vietnamese government’s policy of land grouping, a form of accumulation of capital in agriculture, has failed to materialize so far, “due to flaws in current farmland policies,” said an expert.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 25

CMC Global opened new branch in Da Nang

 

US-based AES Corporation plans to build LNG hub in Vietnam

LNG fits the new strategy of the government of Vietnam in power sector and becomes AES’ major focus in Vietnam.

Vietnam trade ministry extends anti-dumping duties on Chinese steel to 5 years

The market share of domestic companies witnessed a decrease during the 2018 - 2019 period and currently reaches 42.8%, indicating foreign companies are selling below their home markets prices.

International developers eye Hanoi retail market: JLL

JLL believed that the good sentiment will bring new experiences to customers.

Investors sue founder of loss-making eatery chain Mon Hue

Major investors of Huy Vietnam Group Limited have taken legal action against Huy Nhat, the founder and chairman of Mon Hue, a chain of up to 80 restaurants across the country, as the firm has closed its eateries due to heavy debts.

Vietnam's ten-month FDI capital contributions at $10.8 billion

Capital contributions and share purchases by foreign investors up in first ten months while new projects and capital fall, MPI report shows.

Vietnam's import of cars from Thailand, Indonesia continue rising

Cars from Thailand and Indonesia accounted for the majority of cars imported between January and September this year.

Vietnam needs foreign aid to develop renewable energy

To transition to renewable energy, Viet Nam will need assistance and aid from its foreign partners, a top energy official has said.

Vietnamese Gov’t takes tighter control over large-size real estate projects

The Government will continue to tighten credit in the real estate industry.

 

Impacts of the sharing economy

The sharing economy has brought countless benefits to the market, economy, consumers, as well as governments which set down the path of implementation.

Vietnam implementing de-dollarization policy

Since October, Vietnamese and foreign commercial banks are no longer allowed to provide mid- and long-term foreign currency loans. 

Vietnam projected to be among world’s top 10 remittance recipients in 2019

Remittances, along with foreign direct and indirect investment, and official development assistance are major sources of Vietnam’s foreign currency supply.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 24

Foreign investment disbursement reaches 23.2 percent