FDI

Update news FDI

Vinataba: cigarette smuggling continues

Responding to Sumatra, which has affirmed its rights over JET and Hero cigarette brands, Vinataba said the proof Sumatra used was not sufficient to show ‘use in reality’ of JET and Hero in Vietnam. 

India’s satellite tracking station in Vietnam serves as eye on East Sea

VietNamNet Bridge - Binh Duong, HCM City and Dong Nai are being considered by India to set up a satellite tracking station which would allow Vietnam access to images from Indian earth observation satellites.

China's hard or soft landing: what is the scenario for Vietnam?

VietNamNet Bridge - The soft landing of the Chinese economy would be better for Vietnam than a hard landing, experts say.

Fast food chains’ development has slowed down

VietNamNet Bridge - The closure of many fast food shops in recent days has raised a question if the Vietnamese fast food market has become saturated and no longer attractive.

Foreign capital flow unpredictable

VietNamNet Bridge - Foreign investors have been selling more than buying in the Vietnamese stock market. However, analysts still believe the foreign capital inflow to Vietnam will increase in 2016. 

Are water sources around Tan Rai bauxite plant polluted?

VietNamNet Bridge - The water sources around the red mud reservoir at the Tan Rai bauxite plant in Lam Dong district is polluted, leaving local people lacking clean water shortage.

Limitation on TV channels could make pay-TV unattractive

VietNamNet Bridge - Decree 06 on management, provision and use of radio and television services, which would take effect on March 15, sets up limitations on the number of foreign TV channels on pay-TV.

VND100 capital can yield VND110 profit

VietNamNet Bridge - While thousands of businesses have had to struggle to survive the recession, many businesses have been prospering. With VND100 in capital, they can make VND110 in net profit. 

Businesses willing to stop borrowing in foreign currencies

VietNamNet Bridge - Contrary to predictions, businesses have remain unruffled though they have been told to stop borrowing money in foreign currencies in the second quarter.

Vietnam’s exports too reliant on Samsung

VietNamNet Bridge - Vietnam’s economy has been heavily relying on Samsung, whose export turnover accounts for a large proportion of Vietnam’s total export revenue.

Hydropower plants temporarily stop generating electricity because of drought

To ensure the water supply for downstream areas, tens of hydropower plants in the central region and Central Highlands have withdrawn from the power generation market despite the good prices.

12th graders no longer aim to have university education

VietNamNet Bridge - Going to university was the top choice of the majority of students finishing high school. However, the high number of unemployed university graduates has made students and their parents rethink their decision. 

Oil price fall places PetroVietnam in big difficulty

VietNamNet Bridge - The ‘oil worry’ has spread to financial circles, mostly commercial banks which have provided funds to PetroVietnam’s projects.

TV subscription fee in Vietnam cheaper than breakfast

VietNamNet Bridge - Television stations have lowered subscription fees in a scramble for subscribers.

Shareholders’ meeting season starts, businesses pocket big money

VietNamNet Bridge - Managers of large conglomerates are believed to pocket hundreds of billions of dong worth of dividends this year. Many of them have been leading simple lives and doing big business.

Vinalines plans to sell floating dock at knock-down prices

VietNamNet Bridge - The Vietnam National Shipping Lines (Vinalines) has asked for the Ministry of Transport’s permission to sell an 83M floating dock for VND34.8 billion, or $1.5 million. 

Universities train students according to business orders

VietNamNet Bridge - In an effort to improve the training quality and reduce the unemployment rate, many universities and junior colleges haven decided to train students according to orders set by businesses.

Vietnamobile, Gmobile to heat telecom market

New investment plans have been prepared by foreign investors for Vietnamobile and Gmobile with hopes of remapping the telecom market, which has been dominated by big Vietnamese players.

Mekong Delta deals with natural disasters, new hydropower dams

This year’s historic drought and saltwater intrusion have been mostly caused by the extreme El Nino weather phenomenon. If the 11 hydropower dams in Mekong upriver become operational, Vietnam’s Mekong Delta will bear a ‘double disaster’.

Who is ‘cash king’?

VietNamNet Bridge - Many businesses have been reported as holding trillions of dong in cash. The wealth has allowed them to take the initiative in developing businesses and expanding production.