vietnam business news

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The shifting face of retail in Vietnam

The 2018 retail landscape in Vietnam was more challenging than ever, and the major market chains were trying to adapt quickly to changes to remain relevant.

Selective investing key for Danang

Consistent with its sustainable development journey, the central city of Danang is committed to promoting and attracting investment on a selective basis while constantly improving its efficiency, avoiding the wooing of funding at all costs.

 

Vietnam’s largest beauty trade event to gather 450 enterprises

The two shows including “Vietbeauty” and “Mekong Beauty Show” will take place together on August 22-24 at the Saigon Exhibition and Convention Centre with the participation of more than 450 enterprises.

 

Highlights of real estate M&As in Vietnam in H1

Quality of assets, rental growth, deal size, and land tenure are decisive for investment choices.

THACO spent over VND1 trillion on buying HAGL Agrico shares

Truong Hai Auto Corporation (THACO) is continuing buying into Hoang Anh Gia Lai Agrico, with chairman Tran Ba Duong more than doubling his ownership in the company.

Vinalines reports the losses of $21.7 million in second quarter

As of the end of the second quarter of 2019, Vinalines reported VND8.1 trillion ($352.17 million) in total outstanding loans, including more than VND5.36 trillion ($233.04 million) in bank loans.

Traditional taxi operators looking to switch to electronic contracts

Traditional taxi operators proposed to liquidate contracts with their taxi drivers in order to switch to the ride-hailing service model using electronic contracts to seize the advantages offered by this model.

Vietnamese sugar industry is suffering from inventory losses

Currently, the country still has about 650,000 tonnes of sugar on inventory, the industry's highest so far, resulting in 17 out of 36 sugar production factories losing money.

Vietnam medical equipment market grows 18-20% in 2016-2020

Demand for better healthcare in Vietnam over the past years has greatly contributed to the growth of medical device market.

 

Post-merger stock exchange headquarters in Ha Noi

The two national stock exchanges will be merged into one single stock exchange and named the Viet Nam Stock Exchange. It will be headquartered in Ha Noi.

 

Experts oppose to private placement of start-ups

The regulation on the private placement shares of a start-up company is sparking opposing public opinions as the regulation can pose potential risks and create overlaps with other laws.

 

Yuan price reduction affects on VN industry: experts

The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Viet Nam’s yarn industry, according to Viet Nam Textile and Apparel Association.

 

Investors eye land plots in underdeveloped provinces

Investor Pham Thi Trang of HCM City told Dau Tu (Investment) newspaper that she had bought 2,000sq.m of land in Long An Province's Moc Hoa District for around VND1 million (US$43.2) per sq.m.

 

Sugar industry experiencing tough days

Comprehensive measures are needed to save the sugar industry.

Convenience stores expected to be the next big thing in franchising in VN

After food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market.

 

BUSINESS NEWS 14/8

Online revenue suddenly plunges at MWG

Selecting an heir in the family business

International experts and business leaders tell how to successfully transfer leadership to the next generation.

BUSINESS NEWS 13/8

Businesses seek ways to boost food export

Prolonged trade war threatens local market

Shares are forecast to suffer this week after negative developments in US-China trade relations.

Bancassurance becomes main service earner for banks

Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks co-operate with insurers to sell insurance products), has now become the main source of income from service activities for many banks.