Petrolimex focus on divestments and restructuring in 2019

Việt Nam National Petroleum Group (Petrolimex) will focus on divestments and restructuring in 2019, implementing unfinished tasks from last year, the company’s management board announced at its annual shareholders’ meeting on Friday.

Forestry exports on the rise

The forestry industry showed a strong increase in export value in the first four months of the year, according to the Việt Nam Forestry Administration.

PM urges property laws to be finalised

The Prime Minister has asked the Ministry of Construction (MOC) and relevant ministries to complete the legal system regarding the local property market to ensure sustainable development, according to the Prime Minister’s direction issued on April 23.

10 ways to get M&A deals across the line

Việt Nam has recently become one of the favoured destinations for M&A for foreign investors, particularly those from Japan, Korea and Singapore. Key sectors of interest include real estate, food and beverages, retail, and to a lesser extent, manufacturing.

Taisho takes control of Hậu Giang Pharmaceutical

Hậu Giang Pharmaceutical Joint Stock Company (DHG) has become a subsidiary of Japan’s Taisho Pharmaceutical Co Ltd after the Japanese drugmaker acquired an additional 20.6 million shares of DHG, lifting its stake to 50.78 per cent.

FDI reaches record level in four months

Foreign direct investment (FDI) committment in Việt Nam witnessed a significant yearly increase of 81 per cent to US$14.59 billion in the first four months of the year, the Foreign Investment Agency (FIA) under Ministry of Planning and Investment announced on Wednesday.

Wellness tourism on the rise in Việt Nam

Wellness tourism has great potential but this new kind of tourism has not been effectively exploited in Viet Nam, despite the number of potential wellness destinations and landscapes, experts have said.

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