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Disorderly planning in Ho Chi Minh City IPs discourages both FDI and domestic enterprises

Disorderly planning in Ho Chi Minh City IPs discourages both FDI and domestic enterprises

Ho Chi Minh City plans to open a new industrial park with the total area of about 26,000ha in 2018; however, many enterprises are concerned that the city will repeat the same mistakes if the city does not take it into consideration.

Sluggishness of administrative procedure remains problematic for enterprises

Cao Thi Ngoc Dung, Chairman of PNJ said that it has been seven months but they still have not received permission to build new headquarter, even though their current one is already overloaded.

TheLEADER organizes 'Vietnam Seaside Tourism Real Estate Forum 2018'

“Vietnam Seaside Tourism Real Estate Forum 2018" is the annual event to be organized with the purpose of meaningfully contributing to process of planning, investment, management, effective exploitation and sustainable development on seaside tourism real estate projects in particular and tourism real estate sector in general.

FLC Group plans to increase Bamboo Airways' charter capital to $56.4 million

According to the recent resolution of FLC Group’s Board of Directors, the Group plans to increase Bamboo Airways' charter capital by $26 million, an increase from $30.4 million to $56.4 million.

Top e-commerce sites cope with accumulated losses despite bright spots of investment

Accumulated losses from leading e-commerce websites such as Lazada, Tiki, Shopee or Sendo are on the sharp rise, mainly due to the high sales expenses and in some cases, high management expenses.

FPT spent $30 million acquiring American technology consulting company

Intellinet Consulting, an American management consulting and technology services firm has recently signed a contract to sell 90 per cent of its stake to FPT Group, the largest information technology service company in Vietnam.

Frasers Property to acquire 75 per cent stake of Phu An Dien Real Estate JSC

Frasers Property Investment in Vietnam, a wholly-owned subsidiary of Frasers Property Limited has just agreed to acquire 75 per cent stake, equivalent to 45 million ordinary shares of Phu An Dien Real Estate JSC from Tran Thai Lands Company with an amount of $35 million.

Cashless payment remains inferior despite about 77 million bank cards in circulation

Cash has always been a convenient method of payment for Vietnamese but many people feels at risk when paying by card, particularly they concern about identity theft with online payment transactions.

IFC partners VPBank to provide trade finance for Tan Long Group

Tan Long Group, a market leader in agricultural products trading, currently received a trade finance of up to $50 million from IFC and VPBank.

Sales of imported cars reduced sharply in six months

On the list of five best sellers of last month, there was no presence of completely built-up automobiles (CBU).

Synchronization amongst provinces in FDI promotion is still missing

Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.

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