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Foreign investors net purchase US$388 million of Vietnam shares

The ongoing revision of Vietnam’s securities law is expected to remove restriction for foreign ownership limit at local companies.

 

Rising labor costs erode Vietnam’s appeal to foreign investors

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

 

M&A gateway to firms’ growth and expansion

More Vietnamese companies are turning to­ mergers and acquisitions to beef up their domestic market presence and boost growth.

 

Climate-smart business investment potential in Vietnam estimated at US$753 billion

There is a growing need for innovative solutions that open up opportunities for private investment into economically, socially and environmentally sustainable projects in Vietnam.

 

New policies push foreign investors’ interest in Vietnamese road sector

The country plans to need about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including about 1,380 km of highway and around eleven power plants.

 

Does Huawei have a chance to grasp share in Vietnam’s 5G deployment?

Three major mobile carriers in Vietnam have recently announced information of cooperation plans with foreign partners in the roadmap of 5G implementation but no one has mentioned Huawei.

 

Investors benefit from Vietnam’s new planning law

The new policies will simplify procedures, explaining that instead of 95 laws and ordinances, investors only have to relate to two legal documents regulating planning.

Vietnam's cement industry needs big “players” for high efficiency

The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, said Vietnam Cement Association chairman Nguyen Van Cung.

 

Huawei’s plunge unlikely to affect Vietnam’s smartphone market

Huawei holds only a small share in Vietnam’s market, approximately 4%, equal to VND2.7 trillion (US$113 million) in 2018.

Water shortage is threatening throughout Vietnam: Minister

Vietnam`s population growth and rapid economic development drive up its people`s demand for water, which puts water resource at risk of being depleted, posing a big threat to sustainable development.

 

BUSINESS NEWS 16/6

Investor permitted to start survey for giant offshore wind power farm

 

Viettel launches ridehailing application MyGo

Viettel Post, the delivery arm of Viettel Group, has developed ride-hailing app MyGo for car, motorbike, delivery and transport services.

 

Int’l law body hails Vietnam’s realities

Members of the International Law Commission (ILC) have hailed the realities in Vietnam and Southeast Asia at the first session of the just-concluded 71st general assembly at the UN office in Geneva.

Giants make inroads into Vietnam’s intermediary payment service

The market is open to giants with enormous financial resources to become the leaders. However, this competition itself, as well as e-commerce, is predicted to be cutthroat.

 

Le Quang Liem ranks fifth at Asian Continental Chess Championships

Vietnamese Grandmaster Le Quang Liem ranked fifth at the Asian Continental Chess Championships 2019 in Xingtai, China on Thursday.

 

Vietnam’s aviation posts double-digit growth

Vietnam’s aviation sector has witnessed double-digit growth in passenger transport in the past decade, and the market is forecast to build up momentum in 2019, according to the Airports Corporation of Vietnam (ACV).

 

Japanese naval vessels visit Vietnam

Helicopter carrier Izumo and destroyer Murasame of the Japan Maritime Self-Defence Force on June 14 anchored at Cam Ranh International Port in Khanh Hoa, beginning a four-day visit to Vietnam.

 

Vietnam rise two places to 96th in FIFA rankings

Vietnam’s national football team has risen two places to 96th in the latest FIFA’s rankings.

 

Japanese retail giant AEON to double goods from Vietnam

Japanese retail giant AEAON Co. will double the value of products it procures from Vietnam from the current level to 500 million USD in 2020.

 

Cleaner production helps reduce production costs: experts

The adoption of resource efficiency and cleaner production (RECP) options has helped enterprises increase revenue, reduce production costs while mitigating the overall environmental impact of the industrial zones, experts said.