Vietnam may reach new foreign investment record in 2018

Vietnam may reach new foreign investment record in 2018

If foreign investment stays on course, Vietnam can expect a new record for the decade, mostly generated by M&A deals.
US investors look to develop expaned Dung Quat Refinery

US investors look to develop expaned Dung Quat Refinery

A joint venture of US investors and Tin Thanh Group Company are looking to co-operate to enhance and expand Dung Quat Refinery.
Halong-Haiphong Expressway officially open for traffic

Halong-Haiphong Expressway officially open for traffic

This morning, the Halong-Haiphong Expressway and Bach Dang Bridge officially went into use.
VinaCapital launches fund to foster regional tech startups

VinaCapital launches fund to foster regional tech startups

Investment fund VinaCapital launched its $100 million venture capital arm today, aspiring to build billion-dollar startups that can expand outside Vietnam.
Doosan drives the first pile for the Nghi Son 2 thermal power plant

Doosan drives the first pile for the Nghi Son 2 thermal power plant

The $2.79 billion BOT Nghi Son 2 thermal power plant officially started construction in the central province of Thanh Hoa by driving in the first pile on August 27.
Revised casino decree to further relax restrictions

Revised casino decree to further relax restrictions

Major casino development in Vietnam has been on a slow and rocky path, but the country has recently permitted integrated resorts to feature casinos and open for local guests, with business conditions expected to loosen even further in the near future. However, developers still have a lot of work ahead of them.
Cement firms turn to exports to curb oversupply

Cement firms turn to exports to curb oversupply 1

Cement firms are scaling up efforts to boost exports to tackle the growing oversupply in the domestic market.
Instant noodle business rebounds after a slump

Instant noodle business rebounds after a slump

Vietnam’s instant noodle market is once again positioning itself as a fertile ground for both local and foreign producers, as instant noodle sales recovered in 2017 after two consecutive years of decline. Van Oanh reports.
Thai investors jump into renewable energy sector in Vietnam

Thai investors jump into renewable energy sector in Vietnam

Thai investors have increased investments in the renewable energy sector to diversify their operations in Vietnam.
Sojitz continues its M&A spending spree in Vietnam

Sojitz continues its M&A spending spree in Vietnam

Japan’s Sojitz Corporation has become the newest aggressive buyer in Vietnam’s mergers and acquisitions scene, with a planned stake acquisition in PAN Group, reflecting Japanese investors’ quest to take over major Vietnamese companies before their Asian peers can.
Hyosung Group gets nod for $1.2 billion complex in Vietnam

Hyosung Group gets nod for $1.2 billion complex in Vietnam

South Korea’s Hyosung Group has solidified its presence in Vietnam after receiving the investment certificate to build a $1.2 billion complex in Ba Ria-Vung Tau.
Ho Chi Minh City issues plan to boost PCI and Doing Business indices

Ho Chi Minh City issues plan to boost PCI and Doing Business indices

The Ho Chi Minh City People’s Committee has released a plan to boost its Provincial Competitiveness Index (PCI) as well as improve the city’s business and investment climate in 2018 and the following years.
Paradise Eco Resort: 13 years on the drawing board

Paradise Eco Resort: 13 years on the drawing board

After 13 years of starting construction, the Thien Dang (Paradise) eco resort project is still far from completion.
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