With the growing participation of foreign players in Vietnam's financial market, big international names are gradually dominating Vietnamese leading brands.

The US Consulate General in Ho Chi Minh City on April 18 held a workshop on boosting Vietnam-US cooperation in airport infrastructure development in Vietnam, gathering 80 representatives of the public and private sectors of both nations.

China’s stricter requirements for packaging and origin traceability for agricultural products exported to its market will take effect from May 1, making it more difficult for Vietnam to ship its produce to China through informal channels.

With 40% of the population below the age of 24 and their greater propensity for digital technology, many of these younger consumers are driving the rapid expansion of Vietnam’s e-commerce market.

Although the damage wrought by the inferno at Formosa in Taiwan has not been assessed yet, it is sounding the alarms for all its facilities across the world, including Vietnam, which was also shaken by two heavy factory fires this month.

 Traditional taxi operators in Vietnam are being ­accused of unfair anti-competitive practices against ride-hailing firm Grab, as they attempt to compete against the latter’s expansion in the country.

Convenience store channel has become a battlefield for domestic and foreign retailers due to its great potential.

 Even though GTNfoods JSC has refused its previous proposal, Vinamilk is still eager to acquire more stakes in the firm, which holds 51 percent of Moc Chau Milk  as part of its M&A strategy.

 As plastic reduction is becoming an essential trend to save the environment, beverage companies, which still depend on tremendous amounts of plastic materials, cannot opt out of the trend.

 AirAsia, the largest low-cost carrier in Southeast Asia, informed it has terminated an agreement to launch a domestic airline in Vietnam with local partners, according to the airline’s filing with Bursa Malaysia.

A recent initiative in Japan aimed to shift investment to Vietnam and other Mekong subregion nations will continuously contribute to increasing the Japanese inflow to the Southeast Asian country.

Some 100 state firms would be subject to privatization in 2019, while the number slated for state divestment is 193.

The Ministry of Transport should continue garnering feedback from experts, organizations and the public on the development of a 1,559-kilometer-long North-South high-speed railway, according to Deputy Prime Minister Trinh Dinh Dung.

Foreign car and motorcycle parts manufacturers are aware that the rapidly-expanding Vietnamese market may be their next cash cow and are intensifying presence accordingly.

The police earlier this year initiated an investigation into a loss-making oil exploration project in Venezuela, which was carried out by PVEP from 2010 when Son was PVEP`s CEO.

Dow and DEEP C signed a memorandum of understanding (MoU) on April 17 in Hanoi on building the first road using recycled plastics, at the DEEP C Industrial Complex in the northern city of Hai Phong. 

The management board of Tran Anh Digital World JSC has approved a plan to terminate all its branches, which will be carried by the company’s chairman, ndh.vn reported.

The adoption of International Financial Reporting Standards will be compulsory for State-owned enterprises, listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance.

The purchase, designed as a financial investment, will be carried out through order matching or put through method on the Ho Chi Minh Stock Exchange (HOSE), the company announced.

Japanese investment in Vietnam is expected to grow this year, given Japan’s recent initiative to shift investment to Vietnam and other Mekong River nations, as well as free trade agreements (FTA), experts said.