TWGroup Corporation and Japan’s Hinokiya Group Co. have signed an agreement to develop housing and other projects in Việt Nam, starting off with a Japanese-style housing project in HCM City next year.

The southern province of Đồng Nai attracted US$902 million in foreign direct investment (FDI) in the first six months of the year. This accounts for more than 90 per cent of the yearly plan and is up by 48 per cent from the same period in 2017. 

The Mekong Delta city of Cần Thơ has shown strong socio-economic performance in the first half of 2018, with all indicators exceeding the targets. 

National Oil and Gas Group (PetroVietnam) said it was coordinating with relevant partners to prepare for the resumption of Bình Phước Ethanol Plant in the southern province of Bình Phước. 

Việt Nam is the holy grail for global beer companies, with the market continuing to grow while many others have flatlined, but the competition is fierce.

The State Bank of Việt Nam has sought the Government’s permission to allow credit institutions more time to sell their stakes in other lenders since many smaller ones are struggling to do so.

Việt Nam witnessed a growth in textile and garment exports to most of the major markets in the first five months of 2018, reported the General Department of Việt Nam Customs.

The local business environment has not witnessed strong reforms although the government has made efforts to improve the same over the past years, according to experts.

Morgan Stanley Capital International (MSCI) has decided to hold Việt Nam’s staus in the equity market in the Frontier Markets Index until 2019.