Desert Harbour Tourism, a Dubai-based destination management company founded by Vietnamese entrepreneurs, has marked its eighth year in operation, having facilitated trips for more than 20,000 visitors, with over 70 per cent coming from Vietnam.
VPBankS has identified four major commercial banks that meet the criteria for credit limit expansion.
Businesses in the southern commercial hub are investing more in upscale, larger office spaces.
The gross loss of Vingroup’s electric vehicle brand VinFast saw an increase of 7.3 per cent last year when the company expanded its commercial footprint.
The Asian Development Bank (ADB) and Binh Duong Water Environment Joint Stock Company (BIWASE) signed a $13 million loan to finance the construction and operation of a composting plant, and waste-to-energy (WTE) facility in Binh Duong province.
The success of deposit-return system operation in some European countries recommends that Vietnam can apply the model to boost the circular economy in the future, especially when the informal waste collection workforce reduce.
MoEngage's third fundraising is expected to support MoEngage to deepen its geographic footprint in the US, UK, and Asia as well as expand to new markets.
For 2021, Siam Cement Group (SCG) in Vietnam reported revenue from sales of over $1,500 million, which is a 32 per cent increase year on year mainly from sales from new acquisition of Packaging, VKPC operation and chemicals operation (TPCVINA), as well as export sales from Thailand and ASEAN to Vietnam.
To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).
The MoU signing between the China-ASEAN Business Alliance (CABA) and the Vietnam Association of Corporate Directors (VACD) is expected to foster and accelerate the integration of ASEAN through commercial and cultural activities, supporting two sides’ members to overcome challenges as well as gaining more opportunities.
Vietnam’s hospitality market after social distancing due to Covid-19 has showed positive development but recovery is underway.
IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.
The investment represents Sendo’s largest funding round to date
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PwC recommends all asset classes in the southern commercial hub be bought next year.
