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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.

“Zero dong” banks continue to suffer losses

Two years after being purchased at the price of VND0 by the State Bank of Vietnam, three banks namely Ocean Commercial Joint Stock Bank (Ocean Bank), Construction Bank (CB Bank) and Global Petroleum Commercial Joint Stock Bank (PGBank) continue to suffer great losses and negative equity.

Japan, US, Thailand leading import markets of Vietnam's automotive parts, accessories and other means of vehicles

Vietnam is increasing its exports of automotive parts, accessories and other means of vehicles to many countries, notably some countries with developed automobile industry such as the United States, Japan and Thailand.

Vinfast announces two most favorite car designs

After a 14-day poll, the contest "Selection of your own cars", which attracted two million visitors, nearly 62,000 participants and collected over 10,000 comments, has found the most favorite Sedan and SUV (sport utility vehicle) designs.

Foreign firms selected to manage real estate projects of Sun Group, FLC and Vimefulland

JLL, CBRE and Savills, the three leading foreign real estate consultancy firms, have been selected to be managers of high-end real estate projects in Vietnam.

Five sectors with greatest potential for growth and investment in Vietnam

PricewaterhouseCoopers (PwC), one of the largest professional audit services firm in the world has identified five specific sectors that have the greatest potential for growth and investment in Vietnam.

Public debt in Vietnam: Risks of “modest wealth, old age and high debt”

Viet Nam has low average incomes, a rapidly aging population and low labor productivity, and it is running a risk of becoming a society defined by "modest wealth, old age and high debt”.

The largest-ever consortium of Sembcorp, Amata and Sumitomo plans to develop an industrial park in Quang Tri province

The Ministry of Planning and Investment (MPI) urges investors to soon implement the construction of Vietnam - Singapore Industrial Park (VSIP) in Quang Tri province, which is expected to witness the involvement of three leading firms, namely Singaporean Sembcorp, Thai Amata and Japanese Sumitomo in this field.

President Donald J. Trump will arrive Danang on November 10

According to the statement published by White House, on November 11, the US President Donald J. Trump will travel to Hanoi for an official visit and bilateral engagements with President Tran Dai Quang and other senior Vietnamese leaders.

Vingroup and Bosch plan to cooperate in production of cars and e-scooters

Vingroup and Bosch has just signed a Memorandum of Understanding (MoU), marking a critical milestone in the cooperation on car and e-scooter factory project.

SCIC to sell Vinamilk’s stakes attaining around US$300 million on November 10

With an average price from VND134,500 to VND145,000 (roughly US$5.93 to US$6.39) per share, the State Capital Investment Corporation (SCIC) will earn VND6,500-7,000 billion (approximately US$286,6 to US$308,65 million), according to SCIC.

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