In 2016, thanks to the growth of its revenue, profit, and the expansion of its operating network, Mobile World Investment Corporation (MWG) continuously reported record stock prices.
The State Bank of Viet Nam has issued Circular No.39/2016/TT-NHNN stipulating lending activities of foreign credit organizations and bank branches for customers.
Nipro Pharma Corporation – Japan’s biggest prescription drug contract manufacturer – is expanding its operations in Vietnam with a new project worth $300 million in the Saigon Hi-Tech Park (SHTP).
Vietnam has consistently rated poorly in global measures of domestic private sector development, a key to the country’s future economic success, said experts at a recent forum in Hanoi.
Vietnam needs 1 million workers in information technology and digital content creation but now there are only 300,000 people in this field, pointing to a need to improve the quality of education and tailor it to the need of companies.
Despite geo-political uncertainties around the globe, the Vietnamese stock market is poised for strong growth this year thanks to a flurry of new listings and the government’s drive to develop the market. Bill Stoops, chief investment officer at Dragon Capital, shared his thoughts on the situation with VIR’s Nam Phuong.
PetroVietnam may not have to purchase the products of Nghi Son Refinery and Petrochemical Complex (NSRP), a joint venture between PetroVietnam, Kuwait Petroleum International, Idemitsu Kosan, and Mitsui Chemical International, at the preferential price earlier agreed upon.
Jens Ruebbert, chief country officer at the Ho Chi Minh City Branch of Deutsche Bank AG, shared with VIR’s Nam Phuong the branch’s commitment to the country despite recent incidents that plagued the bank’s overseas activities and his thoughts on the mergers and acquisitions wave in Vietnam.
The Splendora project, in which Posco E&C holds 50 per cent, does not look like it is going to be completed by 2018 as was planned earlier due to a recent proposal submitted to the local authorities to adjust the 1/500 planning of the project.