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TheLEADER organizes 'Vietnam Seaside Tourism Real Estate Forum 2018'

TheLEADER organizes 'Vietnam Seaside Tourism Real Estate Forum 2018'

“Vietnam Seaside Tourism Real Estate Forum 2018" is the annual event to be organized with the purpose of meaningfully contributing to process of planning, investment, management, effective exploitation and sustainable development on seaside tourism real estate projects in particular and tourism real estate sector in general.
Vietnam will not be a partner to Industry 4.0 'if it is stuck in Bureaucracy 1.0': WB

Vietnam will not be a partner to Industry 4.0 'if it is stuck in Bureaucracy 1.0': WB

LEADER TALK - Jul 16, 2018 | 08:17 AM GMT+7

Vietnam must upgrade the way its government functions to forge ahead or even leapfrog, according to the World Bank Country Director for Vietnam Ousmane Dione.

President of VCCI: 'The FDI man has been in Vietnam for 30 years and still cannot marry local businesses in Vietnam'

President of VCCI: 'The FDI man has been in Vietnam for 30 years and still cannot marry local businesses in Vietnam'

LEADER TALK - Jul 16, 2018 | 08:05 AM GMT+7

Vu Tien Loc affirmed that over the past years, the reform of Vietnam business environment and the implementation of free trade agreements have created breakthroughs but the spillover of foreign direct investment (FDI) is still very low.

Authority announces over 99 per cent of Mumuso products originated from China

Authority announces over 99 per cent of Mumuso products originated from China

BUSINESS - Jul 16, 2018 | 07:55 AM GMT+7

According to the Ministry of Industry and Trade, Mumuso has shown signs of violating the law on advertisement which confuses customers about the origin of products for unfair competition.

Unilever’s first year in the hands of its first Vietnamese female president

Unilever’s first year in the hands of its first Vietnamese female president

BUSINESS - Jul 15, 2018 | 08:57 AM GMT+7

Unilever’s profit sharply jumped last year with the after-tax profit of roughly $165 million, up nearly 40% compared to 2016, thanks to strong revenue growth and steady cost control.

FPT spent $30 million acquiring American technology consulting company

FPT spent $30 million acquiring American technology consulting company

NEWS - Jul 15, 2018 | 08:43 AM GMT+7

Intellinet Consulting, an American management consulting and technology services firm has recently signed a contract to sell 90 per cent of its stake to FPT Group, the largest information technology service company in Vietnam.

Thaibev plans to reduce Sabeco’s profits by $44 million

Thaibev plans to reduce Sabeco’s profits by $44 million

BUSINESS - Jul 14, 2018 | 01:30 PM GMT+7

According to the business plan proposed by Sabeco's new Board of Management, its profit will drop from nearly $220 million attained last year to $176 million anticipated this year.

Frasers Property to acquire 75 per cent stake of Phu An Dien Real Estate JSC

Frasers Property to acquire 75 per cent stake of Phu An Dien Real Estate JSC

NEWS - Jul 14, 2018 | 08:55 AM GMT+7

Frasers Property Investment in Vietnam, a wholly-owned subsidiary of Frasers Property Limited has just agreed to acquire 75 per cent stake, equivalent to 45 million ordinary shares of Phu An Dien Real Estate JSC from Tran Thai Lands Company with an amount of $35 million.

Thirty one Vinpearl hotels and resorts chalk out rebranding strategy

Thirty one Vinpearl hotels and resorts chalk out rebranding strategy

LEADER TALK - Jul 13, 2018 | 05:08 PM GMT+7

Vinpearl has decided to restructure itself into three main brands, namely Luxury, Resort & Hotel, and Discovery so as to correspond to the three levels of experience including luxury - private, comfortable – flexible, and dynamic - exploring, respectively.

VIB stands behind the top instant noodle producer UNIBEN's success

VIB stands behind the top instant noodle producer UNIBEN's success

BUSINESS - Jul 13, 2018 | 12:04 PM GMT+7

Owing to financial support from Vietnam International Bank, UNIBEN has been able to invest vigorously in their factory and promote their marketing activities actively, allowing the company to gain the majority of the market shares of the instant noodle industry in rural areas.

Cashless payment remains inferior despite about 77 million bank cards in circulation

Cashless payment remains inferior despite about 77 million bank cards in circulation

NEWS - Jul 13, 2018 | 07:43 AM GMT+7

Cash has always been a convenient method of payment for Vietnamese but many people feels at risk when paying by card, particularly they concern about identity theft with online payment transactions.

IFC partners VPBank to provide trade finance for Tan Long Group

IFC partners VPBank to provide trade finance for Tan Long Group

NEWS - Jul 13, 2018 | 06:52 AM GMT+7

Tan Long Group, a market leader in agricultural products trading, currently received a trade finance of up to $50 million from IFC and VPBank.

Sales of grade-C apartments dramatically surpassed high end segments

Sales of grade-C apartments dramatically surpassed high end segments

REAL ESTATE - Jul 12, 2018 | 04:57 PM GMT+7

The grade-C apartments which are priced at under $50,000 are sold well, accounting for 73 per cent of the segment's liquidity, followed by grade-A ones with prices below $100,000, according to Savills Hanoi's report.

Sales of imported cars reduced sharply in six months

Sales of imported cars reduced sharply in six months

NEWS - Jul 12, 2018 | 04:51 AM GMT+7

On the list of five best sellers of last month, there was no presence of completely built-up automobiles (CBU).

Fivimart and Citimart supermarket chains lost over $10 million after Aeon's acquisition

Fivimart and Citimart supermarket chains lost over $10 million after Aeon's acquisition

BUSINESS - Jul 12, 2018 | 04:33 AM GMT+7

The joining of Japan’s big-name Aeon did not improve financial situation of Fivimart and Citimart but it even became worse.

Synchronization amongst provinces in FDI promotion is still missing

Synchronization amongst provinces in FDI promotion is still missing

NEWS - Jul 11, 2018 | 12:19 PM GMT+7

Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.

Government officially approves establishment of Bamboo Airways

Government officially approves establishment of Bamboo Airways

NEWS - Jul 11, 2018 | 12:19 PM GMT+7

The approval of Bamboo Airways project has been officially signed by Deputy Prime Minister Trinh Dinh Dung.

Opportunities arise in Vietnam's industrial and logistics real estate markets: Savills

Opportunities arise in Vietnam's industrial and logistics real estate markets: Savills

NEWS - Jul 10, 2018 | 10:45 PM GMT+7

Growing foreign direct investment and a move up the value chain mean Vietnam’s industrial real estate sector has an optimistic future, according to Savills Vietnam.

Officials scratch head over new national approach to boost FDI

Officials scratch head over new national approach to boost FDI

NEWS - Jul 10, 2018 | 02:33 PM GMT+7

Despite the growth in FDI inflow in recent year, there is a growing realization that Vietnam requires breakthrough reforms to compete for higher quality streams of FDI.

IFC provides syndicated loan of $100 million to TPBank

IFC provides syndicated loan of $100 million to TPBank

NEWS - Jul 10, 2018 | 02:20 PM GMT+7

IFC’s long-term funding commitment is expected to enable TPBank to double its micro, small and medium enterprises portfolio over the next five years, providing more than $1.8 billion in about 46,000 loans by 2022.

Almost 90 per cent of European firms to either maintain or increase investment in Vietnam

Almost 90 per cent of European firms to either maintain or increase investment in Vietnam

NEWS - Jul 10, 2018 | 07:37 AM GMT+7

The sentiment of European and Europe-linked companies in Vietnam when it comes to theconditions for business in the Vietnamese market is moderately positive, according to EuroCham.

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103.14 0.02 0.02
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