VN among top investors in Cambodia

Việt Nam continued to be among the top five investors in Cambodia as of December 2016, with US$2.85 billion registered capital invested in 183 projects.

HSC seeks to scrap cap on foreign ownership

HCM Securities Corporation (HSC) is seeking its shareholders’ approval to scrap the foreign ownership cap of 49 per cent to pave way for the company to be wholly foreign invested.

Textile, garment expo opens in HCM City

The Vietnam Saigon Textile and Garment Industry / Fabric and Garment Accessories Expo (Saigon Tex) opened in HCM City on April 5, showcasing a wide range of latest machinery and equipment and feedstock for the textile and garment industry.

Vissan targets 23 per cent rise in revenue

VISSAN Joint Stock Company targets revenues of VNĐ4.54 trillion (US$199.7 million) and a pre-tax profit of VNĐ156 billion ($6.8 million) this year, respectively 23 per cent and 5 per cent higher year-on-year.

VN goods fair to be held in two provinces

Ethnic minorities living in Cao Bằng and Lạng Sơn will get a chance to buy quality Vietnamese products at six trade fairs to be held in the two provinces starting on Wednesday.

Route Inn launches first VN hotel project

Route Inn Group from Japan has launched its first ever four-star hotel project – the Grandvrio Đà Nẵng City – in the central city, marking its first appearance in Việt Nam’s hospitality market, and the start of a plan to develop a chain of 50 hotels in the country.

More flights connect Đà Nẵng and Korea

T’way Air, a low-cost airline based in Seoul, South Korea, has officially launched a new direct flight connecting Đà Nẵng and Daegu, Korea – the company’s third route between Korea and Việt Nam.

Mobile World to launch IT company

Mobile phone retailer Mobile World Group (MWG) will start an Information Technology (IT) company in the second quarter of this year to provide services and solutions for its retail chains.

Imports threaten VN car makers

Việt Nam imported 19,000 cars in the first quarter of this year, a year-on-year increase of 169 per cent in volume and 82 per cent in value, according to a report from the General Statistics Office (GSO).

Malaysians firms look to expand business into VN

Up to 38 per cent of Malaysian enterprises chose Việt Nam as their favoured expansion destination in Southeast Asia, the United Overseas Bank’s (UOB) Asian Enterprise Reports 2016 shows.

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