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Chinese corporations expand investment in Vietnam

Chinese corporations expand investment in Vietnam

Power China, BYD, China Rare Earth Group, Haosen electronic battery company are among the Chinese enterprises planning to make new investments in Vietnam in the near future.

Vietnamese-branded Vinfast announced 36 car designs

This is the first time a Vietnamese company has been involved in the production of electric cars, marking a breakthrough for the development and integration of the Vietnamese automobile industry and contributing to the opportunity of owning a car to a handful of Vietnamese people.

Following Alibaba, Amazon to land in Vietnam in March

Nguyen Thanh Hung, Chairman of Vietnam E-commerce Association (VECOM), said that Amazon will officially enter Vietnamese market in March through its initial investment in small and medium scaled enterprises (SME).

C.T Group to list the US$176-million real estate company

C.T Land Joint Stock Company, a member of the C.T Group and one of the leading units in Retail Real Estate in Vietnam, will list its shares on the stock exchange in 2018.

Founding owners of Hoa Phat and Thaco Corporations announced billionaires in the world

Besides Pham Nhat Vuong and Nguyen Thi Phuong Thao, there are two Vietnamese businessmen's names placed in the World’s Billionaires list 2018 just announced by the reputable Forbes.

Viettel Telecom fined nearly US$4,000 for its involvement in smuggling

Ninh Binh provincial People's Committee has issued a decision on administrative sanction to Viettel Telecom Corporation (Viettel Telecom), a member of Viettel Group for trading in illegally-imported goods valued from VND100,000,000 (US$4,400) and above, according to the local authority.

French consultant offers different opinion on Tan Son Nhat airport expansion

Amid controversy over the expansion of Tan Son Nhat Airport, the Ministry of Transport announced to decide and submit the chosen plan to the Prime Minister in March 2018.

Vingroup to build Vin University in 2018

Vingroup Joint Stock Company (Vingroup) has officially announced its participation in the field of higher education with the establishment of a new, private, non-profit Vin University (VinUni).

Prices of imported cars reduced after obstacles gradually being removed

Prices of Honda Vietnam’s 2,000 automobiles recently imported from Thailand have been announced to be thousand dollars lower than those of the previous shipments as the import tariff on automobiles has been reduced to zero per cent.

Only 500 CBU vehicles imported in the first two months into Vietnam

In the first two months of 2018, CBU (completely built-up) vehicles imported in Vietnam dropped sharply, equivalent to 3.5 per cent in number and 11.5 per cent in value compared to the same period last year.

Private corporations flock to purchase shares of SOEs

The wave of equitization of state-owned enterprises (SOEs) is creating opportunities for several private corporations to control SOEs and gain additional benefits for their value chain.

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