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Vietnamese enterprises amid M&A tendency

Instead of carrying out projects themselves, several foreign investors tend to increase investments into Vietnam via capital contribution, share purchase or acquisition.

BUSINESS NEWS 24/4

PV Gas reports 16% increase in Q1 profit

 

Five blocks outside Thu Thiem urban area to be reviewed

The Government Inspectorate is seeking approval from Prime Minister Nguyen Xuan Phuc to establish an inspection team to handle complaints by residents in the HCMC-based Thu Thiem New Urban Area over five blocks outside the approved boundaries.

 

Vietnamese startups benefit from enabling environment

Like elsewhere in the world, digitalization or digital transformation is emerging in all fields in Vietnam, from trade and banking and finance to health, education, tourism, and transportation.

Ho Chi Minh City seeks ideas for innovation district planning

Ho Chi Minh City on April 24 announced an international competition calling for planning ideas to develop a highly interactive and innovative urban area in the east of the city.

 

Vietnam well-positioned to develop industrial property

Vietnam is well-positioned to develop industrial property, experts said at the Vietnam Industrial Real Estate Forum 2019 in Hanoi on April 23.

 

Platinum Victory targets higher stake in Vietnam’s Vinamilk

Platinum Victory - a subsidiary of Hong Kong-based conglomerate Jardine Matheson - has registered to purchase an additional 17.41 million shares or 1% stake in Vietnam's largest dairy producer Vinamilk.

Vietnam among top 5 countries importing plastic waste in 2018

Since May 2018, imports of scrap plastic have banned at major ports in Vietnam until further notice. In July 2018, the Vietnamese government announced it will no longer issue new license for plastic waste import.

Solar-power projects in Vietnam race to meet deadline for incentives

Investors in many solar-powered projects in the country are rushing to complete their projects so that they can be put into commercial service prior to June 30 to benefit from the Government’s attractive solar power prices.

 

Vietnamese products reach extortionate prices on Amazon

A number of popular Vietnamese products have made their way onto Amazon, the largest e-commerce website in the United States. 

ASEAN economic ministers discuss RCEP negotiations, ASW completion

ASEAN economic ministers gathered at the 25th ASEAN Economic Minister Retreat in Thailand today to discuss the conclusion of negotiations for the Regional Comprehensive Economic Partnership and the completion of the ASEAN Single Window.

 

Quang Tri: remains of 20 war martyrs collected

Remains of 20 war martyrs were collected from two sites in the central province of Quang Tri within a month prior to April 22.

 

Vietnam hosts int’l conference on surveying for first time

The International Federation of Surveyors (FIG) Working Week 2019 opened in Hanoi on April 23 under the theme “Geospatial information for a smarter life and environmental resilience”.

 

Asian Carom Billiards Championship kicks off in HCM City

Leading cueists from Vietnam, the Republic of Korea, Japan, Jordan and Lebanon are competing at the 10th Asian Carom Billiards Championship that opened in Ho Chi Minh City on April 23.

 

Tien Minh, Momota in same half of Asia Badminton Championships draw

Vietnam’s No. 1 shuttler, Nguyen Tien Minh, has been bundled into the same half of the 2019 Asia Badminton Championships draw as two world-leading players, Kento Momota (Japan) and Chen Long (China).

 

Vietnamese banks offer free services to lure customers

More and more banks have started offering free services to attract customers in a very competitive market.

 

Daily trading limit for individual e-wallets set at VND20m: draft

A daily trading limits for individual e-wallets would be set at VND20 million (US$850) and VND100 million per month, according to a draft circular from the State Bank of Viet Nam recently made public for comment.

VN cashew processors face difficulties with raw material imports

Dang Hoang Giang, vice president and general secretary of the Viet Nam Cashew Association (Vinacas), said: "The domestic industry is facing difficulties this year, and new regulations has pushed up production costs."

 

Businesses lobby to remove alcohol licensing for hotels

The Vietnam Beer Alcohol and Beverage Association has recommended abolishing the regulation that star-ranked hotels and tourist sites have to be licensed for selling alcohol products. 

 

Vietnam finish second at Hong Kong U18 Football Tournament

Vietnam finished second at the International U18 Football Tournament which wrapped up in Hong Kong on April 22.