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California-based Good Choice USA last week got an official investment certificate to develop a $1.3 billion Disneyland-style them park in the coastal town of Vung Tau, near Ho Chi Minh City.
Vietnamese authorities are probing foreign-invested firms for alleged illegal fund raising to trade gold and foreign currencies on international online stock exchanges.
The London stock exchange-listed Vietnam Opportunity Fund (VOF) has inked a deal to acquire a 30 per cent stake of Pho 24, which operates the Vietnamese traditional fast food chain.
Vietnam’s burgeoning stock market plans to raise order matching from twice a day to thrice daily to meet increasing demand from investors, the exchange’s watchdog body has said.
The Hong Kong and Shanghai Banking Corporation Limited (HSBC), last week, inked a deal to buy 10 per cent of Vietnam Technological and Commercial Joint Stock Bank (Techcombank), the third foreign bank to buy into a Vietnamese lender.
The State Securities Commission (SSC) has granted a licence to the Bank for Foreign Trade of Vietnam (Vietcombank) to set up a securities investment fund management joint-venture company.
Job seekers are in a better position to find work following a second quarter increase in demand for labour.The news comes from the Vietnam Employment Indicator – a book that measures supply and demand in the labour market based on the number of job opportunities and resumes advertised on the leading job website, Vietnamworks.com.
Paragon Corporation last week started construction on its high-rise office and commercial building at the new Phu My Hung urban centre in Ho Chi Minh City’s District 7, which aims to fill the demand for office space from high-end businesses.
Workers who strike will not be paid for the days they take action, even if their strike is legal, according to a draft ordinance awaiting approval.
The World Bank’s financing arm, International Finance Corporation (IFC), has decided to loan $14 million to two furniture makers to help boost their financial capacity and business.