The HCM City’s District 1 Tax Department has sent instructions to banks to seize VNĐ148 billion (US$6.46 billion) from Nguyen Kim Joint-Stock Company for back taxes and fines the company owes.

Growing foreign direct investment and a move up the value chain mean Việt Nam’s industrial real estate sector has a bright future, according to property consultant Savills Vietnam.

A host of investment opportunities awaits developers in HCM City where authorities plan to develop underground spaces.

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods are the biggest challenges to FMCG producers, according to a new report released by consumer and retail research company Kantar Worldpanel.

A visiting delegation of 30 executives from Indian leather companies have met with their Vietnamese counterparts in HCM City.

To sell their products to foreign distribution channels, Vietnamese businesses need to pay more attention to product design, quality assurance and after-sales services, speakers said at a training workshop held in HCM City yesterday.

Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90 per cent of the US-based tech advisory firm Intellinet Consulting (Intellinet).

High-tech agricultural methods used in the Cửu Long (Mekong) Delta will require highly skilled human resources to take full advantage of cutting-edge technologies, speakers said on July 13 at a seminar held in Cần Thơ. 

Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.