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European enterprises in Vietnam thirst for EVFTA ratification

European enterprises in Vietnam thirst for EVFTA ratification

Almost 80 per cent of European enterprises surveyed by EuroCham believe that the EVFTA will have either a 'significant' or 'moderate’ impact on their business in the medium term.

Vietjet inks $1.2 billion financing agreements for fleet expansion

Vietnam ranks second globally for increasing social security spending

$585 million capitalized Ha Long - Hai Phong expressway is officially open to traffic

The expressway helps to shorten the time of going from Ha Long to Hai Phong from nearly two hours to a half hour and the Hanoi – Ha Long route now takes only one hour and a half instead of three to four hours as before.

Japanese fashion giant Uniqlo comes to Vietnam

A wholly foreign invested joint venture is soon to be established between Fast Retailing, the Uniqlo's owner which holds 70 per cent stake and Mitsubishi Corporation, Japan's largest trading company with 25 per cent stake.

Vulnerable technology transfer of enterprises still persists

The issue of weak technology transfer amongst Vietnamese enterprises has again been raised at the forum “Interconnecting Model to Promote and Develop The Market of Science & Technology in Vietnam” recently held by Ministry of Science and Technology in cooperation with Vietnam Chamber of Commerce and Industry.

Foreign investors poured $11.25 billion into Vietnam in eight months

As of August 20, 2018, FDI projects disbursed $11.25 billion, up 9.2 per cent over the same period last year, according to a report just released by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI).

Grab rolls out counter-measures under tough battle

Under overheated competition from newcomer of ride-hailing app Go-Viet and other traditional taxi firms, Grab has rolled out counter-measures to gain market shares.

FLC Group pledged to make investment of $2.7 billion in Quang Binh province

At Quang Binh Investment Promotion Conference held on August 27, Quang Binh People's Committee granted investment registration certificates and investment cooperation agreements for 66 projects with a total investment of VND162,250 billion, equivalent to $7.05 billion, of which FLC Group pledged to make an estimated investment of $2.71 billion.

High bad debt ratio continues troubling VPBank and Sacombank

While most credit institutions have made possible attempts to reduce their bad debt ratio to a safe level at below three per cent, VPBank and Sacombank remain cautious to be fairly high at 4.07 per cent and 3.74 per cent respectively.

Foreign invested enterprises perform poorly in organizational transparency

Large multinationals tend to neglect public disclosure of their subsidiaries abroad, because this is not a compulsory requirement, however, this lack of information limits monitoring and oversight by local stakeholders in countries where these subsidiaries operate.

FDI sector still keeps Vietnam's economy growth on a string

Despite the significant contribution of FDI to the growth of Vietnam's economy, there are still many opposing views from experts concerning about the over reliance of Vietnam on foreign enterprises.

Korean Hanwha fund spends $400 million acquiring Vingroup's preference shares

Vingroup has just announced an issuance of 84 million preference shares on a private offering basis to Hanwha Vietnam Opportunity Fund 1, which is invested by Hanwha Asset Management Co., Ltd. of Hanwha Group, with the total issuance value of over VND9,300 billion ($400 million).

Most read

1

Vingroup's leader: 'We take risks to concentrate on automobile project VinFast'

2

French giant retailer to open 300 supermarkets in Vietnam

3

Increasing inequality threatens Vietnam's progress over decades

4

BRG Group plans to build $514 million complex project in Vung Tau

5

Bamboo Airways will take off by year end

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