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Central Group to reinforce Vietnamese investments

Central Group to reinforce Vietnamese investments

Thai conglomerate Central Group will invest an additional $500 million to expand its operations in Vietnam within the next five years, aiming to set firm roots in this potential market, according to newswire Bangkok Post.

MoIT to impose temporary safeguard measures on imported fertiliser

MoIT to impose temporary safeguard measures on imported fertiliser

The Ministry of Industry and Trade (MoIT) last week issued Decision No. 3044/QĐ-BCT to apply safeguard measures on some DAP and MAP fertiliser products imported into Việt Nam.

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OK for coal trans-shipment port

OK for coal trans-shipment port

Deputy Prime Minister Trinh Dinh Dung has approved the proposal to build a coal shipment port in the southern region.

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FPT Telecom continues to avoid public telecommunications fees

FPT Telecom continues to avoid public telecommunications fees

Despite making VND12.23 trillion ($538 million) in the last two years, FPT Telecom continues to make excuses and avoid paying its contribution to the Public-Utility Telecommunication Services Fund.  

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Shopee aims to expand its footprint in Vietnam's e-commerce market

Shopee aims to expand its footprint in Vietnam's e-commerce market

Singapore-based e-commerce platform Shopee has celebrated its first year of operations in Vietnam last week. Tran Tuan Anh, managing director of Shopee Vietnam, shared with VIR’s Thanh Van his insights into the market and how the company contributes to the fast-growing e-commerce scene in Vietnam.

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Singapore FDI keen to expand

Singapore FDI keen to expand

In recent years, Vietnam and Singapore’s matured co-operative relationship has given signs that it is entering its prime. Singapore’s Ambassador to Vietnam Catherine Wong Siow Ping told VIR’s Thanh Tung that Vietnam will continue to see robust investment from her country in the coming time.

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Electrical substation fire disrupts Samsung operations until August 10

Electrical substation fire disrupts Samsung operations until August 10

The power supply for the Samsung complex in the northern province of Thai Nguyen will return to normal by August 10, 2017 at the earliest after the electrical substation that supplies electricity to the South Korean electronics giant complex caught fire three days ago. The incident may hurt Samsungs manufacturing operations.

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Bancassurance to become new trend for insurers and commercial banks

Bancassurance to become new trend for insurers and commercial banks

The first half of 2017 has witnessed many bancassurance deals in Vietnam and the second may also see heightened cooperation among insurers and commercial banks, which promises to heat up the bancassurance sector. 

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PM gets impatient with over 5,000 ‘small’ licenses

PM gets impatient with over 5,000 ‘small’ licenses

PM Nguyen Xuan Phuc asked ministries to examine their working performance as businesses are in the long queue to have their affairs done.

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NA to consider feasibility study of Long Thanh Airport in October

NA to consider feasibility study of Long Thanh Airport in October

The feasibility study report of a component project of the Long Thanh International Airport project in the southern province of Dong Nai, which is a magnet to many international investors, is likely to be submitted to the National Assembly in October 2017.

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Increasing M&A for financial institutions

Increasing M&A for financial institutions

Mergers and acquisitions (M&A) for financial institutions are luring in numerous domestic and international investors due to the attractiveness of the rapidly developing, $26.55-billion consumer finance market.

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Hanoi to showcase products and trade opportunities from Thailand

Hanoi to showcase products and trade opportunities from Thailand

The organisers of Top Thai Brands 2017 are busy with the last preparations for the big event which is expected to bring big opportunities for businessmen to promote trade between the two countries, and for Vietnamese businesses to approach various high-quality Thai products.

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Vinachem leaders facing disciplinary actions

Vinachem leaders facing disciplinary actions

Several current and former leaders of Vietnam National Chemical Group (Vinachem) will face deciplinary action after the Central Inspection Committee discovered numerous severe violations and mismanagement at Vinachem's loss-making projects.

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MWG to spend $110 million acquiring electronics and pharmaceutical store chains

MWG to spend $110 million acquiring electronics and pharmaceutical store chains

Mobile World Investment Corporation (MWG) plans to spend VND2.5 trillion ($110.3 million), five times as much as the initial figure planned for mergers and acquisitions activities this year, to acquire a number of electronics store and pharmaceutical store chains this year, according to newswire Vnexpress.

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Dozens dead, missing in flash floods in the north

Dozens dead, missing in flash floods in the north

More than 30 people are dead or missing after tragically damaging rains and floods hit northern mountainous provinces over the past three days.

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VN, Japan discuss workers’ wages

VN, Japan discuss workers’ wages

The Ministry of Planning and Investment (MPI) on Wednesday held its second biannual discussion of the Việt Nam-Japan Joint Initiative Phase VI, as well as future trade and investment opportunities between the two nations.

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