Manufacturing returns to growth as Covid abates
Renewed expansions were seen for output, new orders and purchasing activity, while business confidence jumped higher, according to the latest manufacturing purchasing managers' index (PMI) survey.
Renewed expansions were seen for output, new orders and purchasing activity, while business confidence jumped higher, according to the latest manufacturing purchasing managers' index (PMI) survey.
Disbursed foreign direct investment in 2018 increased by nine per cent to over $19 billion accompanied with sustainable economic growth has solidified platform for real estate development.
In the first half of this year, the average primary price of condotel in Danang increased by 19 per cent to reach $2,100 per square meter, according to Savills.
Logo of Saigon Beer, commonly known as 'Bia Sai Gon' together with Leicester City’s Fox logo will appear on the club’s short sleeves for the 2018/19 season.
According to Vietnam Automobile Manufacturers' Association, sales of complete knocked-down cars was 19,467 units, accounting for nearly 85 per cent of the total market in last month.
Out of 19 semi-finalists, seven Vietnamese startups have been chosen to join the Mekong Innovative Startups in Tourism program in 2018, the biggest number in the tally.
With the initial offer price of VND13,000 (US$0.57) each, Vietcombank may earn VND246 billion (US$10.8 million) from the sale of around 19 million shares of Orient Commercial Joint Stock Bank (OCB).
Although Samsung disbursed only more than US$10 billion, its factories in Vietnam earned a profit of US$19 USD after seven years of operation.
The Hanoi Tax Department has announced the November’s list of 133 firms and units owing debts of tax, land rent and use charges with the total amount of VND450 billion (roughly US$19,8 million). Especially, 10 firms owe land rent and use charges up to more than VND375 billion (approximately US$16 million).
Rubin Japhta, Senior Operations Officer on Banking on Women/ SME (Small and Medium Enterprise) Banking of International Finance Corporation (IFC) sai that the financing gap is estimated at US$1.19 billion for women-owned SMEs.
A foreign investor spent nearly VND9 trillion (roughly US$396.2 million) acquiring the entire 3.33 per cent of Vietnam Dairy Product JSC (Vinamilk)’s stakes, equaling 48.4 million shares from State Capital Investment Corporation (SCIC).
Despite being officially launched on 19 August, "Made in Vietnam" smartphone - Bphone 2 has not appeared yet.
On August 19, 2017, Phu Long Real Estate Co., Ltd (Phu Long Real Estate) and Saigon Vina Land Joint-Stock Company (Land Saigon) jointly conducted the groundbreaking of Dragon Riverside City at 628-630, Vo Van Kiet street, District 5, Ho Chi Minh city (HCMC).
On July 19, the Governor of State Bank of Viet Nam (SBV) Le Minh Hung on Wednesday gave approval in principle to the Singapore’s United Overseas Bank Limited (UOB) to open a 100% foreign owned bank in Viet Nam.