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Taekwang cracking open Vietnamese logistics market

Taekwang cracking open Vietnamese logistics market

Korean Taekwang company showed interest in taking over Gemadept, the largest logistics firm in Vietnam, as part of an effort to establish a secure logistics base in Southeast Asia, according to Korea Economic Daily.

Scheme on developing trade union facilities in industrial, processing zones okayed

Scheme on developing trade union facilities in industrial, processing zones okayed

The PM has recently approved a project on developing trade union facilities in industrial and processing zones, seeking to strengthen the Party’s leadership and action coordination between authorized agencies and socio-political organizations towards improving the living conditions of workers in industrial and processing zones.

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APEC highlights co-operation

APEC highlights co-operation

The Asia-Pacific region has always been a focus of Việt Nam’s foreign policy, Vietnamese Deputy Prime Minister Phạm Bình Minh said yesterday at the opening session of the 24th Pacific Economic Co-operation Council (PECC) in Hà Nội.

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Economists warn of growing trade deficit towards South Korea

Economists warn of growing trade deficit towards South Korea

South Korea has surpassed China, becoming Vietnam’s biggest import market.

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Private sector dialogue shows government’s determination

Private sector dialogue shows government’s determination

On May 17 the prime minister (PM) will meet with 1,500 representatives of Vietnamese companies in the private sector. Nguyen Hong Long, deputy head of the government’s Steering Committee for Enterprise Innovation and Development, told VIR’s Manh Bon that the fact that the top leader of the government meets face-to-face with companies shows the government’s determination to support the private sector.

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APEC to set up labour mobility framework

APEC to set up labour mobility framework

The Asia-Pacific Economic Cooperation (APEC) economies will establish a common framework to manage the issue of labour mobility in the region, said Trần Việt Thái, Director of the Vietnam APEC Study Centre under the Ministry of Foreign Affairs.

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SonKim Land announces $100 million follow-up fundraising with EXS Capital and ACA Investments

SonKim Land announces $100 million follow-up fundraising with EXS Capital and ACA Investments

SonKim Land Corporation, a leading Vietnamese real estate developer, and EXS Capital Ltd., an independent alternative investment group within Asia, announced last week the successful closure of their first round – $46 million out of an expected $100 milli

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Plan to transform Son Tra into tourist zone to remain intact

Plan to transform Son Tra into tourist zone to remain intact

The Vietnam National Administration of Tourism (VNAT) said on May 11 that it will not amend a controversial plan to turn nearly one-fourth of the city’s Son Tra Peninsula into a tourist zone.

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VCA to hold public consultation on anti-dumping duties

VCA to hold public consultation on anti-dumping duties

Viet Nam Competition Authority (VCA), under the Ministry of Industry and Trade, has invited concerned parties to a public consultation on anti-dumping tariffs on H-shaped steel products.

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Revolution 4.0 challenges Asian countries seeking inclusive growth

Revolution 4.0 challenges Asian countries seeking inclusive growth

The pervasive sentiment of Asian financial leaders and economists who gathered for the ADB’s 50th annual meeting in Yokohama in the past few days was optimism about Asia’s prospects.

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VN to host of WEF on ASEAN in 2018

VN to host of WEF on ASEAN in 2018

PM Nguyen Xuan Phuc attended a closing session of the 26th World Economic Forum on ASEAN (WEF ASEAN) in Phnom Penh, Cambodia, on May 12.

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Car sales report heavy fall in April

Car sales report heavy fall in April

Automobile sales marked a dramatic decline in April.

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International fair promotes sustainable productivity as way forward

International fair promotes sustainable productivity as way forward

More than 170 companies from Germany, Japan, Korea, Thailand, and Vietnam have showcased their latest environmental technology solutions at the 11th Eco-Products International Fair (EPIF 2017) in an effort to promote sustainable productivity.

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Collagen-maker Vinh Hoan dares to dream big

Collagen-maker Vinh Hoan dares to dream big

Last year, seafood company Vinh Hoan (HoSE: VHC) only earned 95 per cent of its target revenue. One main reason was that the target revenue from collagen and gelatine, extracted from pangasius, proved more difficult to reach than expected.

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Vietnam's sole oil refinery gears up for IPO

Vietnam's sole oil refinery gears up for IPO

The Binh Son Refining and Petro Chemical Co. (BSR), the operator of the sole operational oil refinery in Vietnam - the Dung Quat Oil Refinery in central Quang Ngai province - has invited 15 domestic and foreign investors to become the company’s strategic partners.

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Development gap hinders linkages in APEC auto industry

Development gap hinders linkages in APEC auto industry

A big development gap between APEC member economies is hindering the region’s auto industry from transferring technology and promoting linkages, said an official of the Vietnamese Ministry of Industry and Trade (MoIT).

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