New developments aid merger & acquisition activities

New developments have brought opportunities for Merger and Acquisition deals made between foreign investors and Vietnamese firms, according to speakers at the M&A Forum Vietnam 2016 held today by the Việt Nam Investment Review in HCM City.

VITAS suggests new garment sector strategy

The Việt Nam Textile and Garment Association (VITAS) has suggested the Government and related authorities to review and adjust the development planning for the industry as the planning to 2010 with vision towards 2030 is obsolete.

Shares up on Govt’s exit of big firms

Shares advanced yesterday on the two national stock exchanges, buoyed by investor expectations of a specific roadmap for the Government to sell its capital proportions in many big listed companies.

Sabeco to be listed on the stock exchange

The Saigon Beer, Alcohol and Beverage Corp (Sabeco) may get permission to be listed on the stock exchange in the near future, the Ministry of Industry and Trade (MoIT) said in a statement.

Nation needs proper policies for start-ups

Việt Nam is paying special attention to business development, with the government promoting start-up movements so that nationwide businesses will double to a million within the next five years. Phạm Thị Thu Hằng, general secretary of the Việt Nam Chamber of Commerce and Industry (VCCI), speaks to Vietnam News Agency about the matter.

More tech urged for longan farms

Longan growers should apply technologies in production to improve their fruit’s quality and value, heard attendees at a conference to promote longan consumption held in the northern Hưng Yên Province’s Khoái Châu District on Tuesday.

Australia begins dumping investigation

The Anti-Dumping Commission under the Australian Department of Industry, Innovation and Science has initiated an investigation into dumping and countervailing duty on aluminium extrusions exported to Australia from Việt Nam and Malaysia.

SBV to submit restructuring plan

The State Bank of Việt Nam (SBV) expects to submit to Prime Minister Nguyễn Xuân Phúc a project to restructure credit institutions between 2016 and 2020 in Q3 of 2016.

Local retailers find new ways

Several domestic retailers have been actively changing their business strategies to improve their distribution channels after big foreign supermarkets such as Big C and Metro increased discount levels to 20-25 per cent.

Foreign funds grow thanks to blue-chips

Foreign investment funds saw an average growth of 11.28 per cent in the first half of 2016, according to Hà Nội- based DoBF Stock Academy’s latest report.

VN targets stronger tech sector

The Vietnamese Ministry of Science and Technology (MoST) will create the best possible mechanisms and policies for high-tech parks as well as businesses of the Asian Science Parks Association (ASPA) to expand cooperation and improve their scientific-technological capacity in Vietnam.

Veggie eateries boom in Vu Lan

Consumption of vegetarian food significantly increases just before and on the full-moon day of the seventh month on the lunar calendar.

Steel prices set to increase

Domestic steel prices are expected to rise in the near future, thanks to increasing construction demand, the real estate market's recovery and high consumption, Việt Nam Steel Association (VSA) said.

Hong Kong seeks ties with VN

Hong Kong looks forward to stronger ties with Việt Nam, its chief secretary for administration, Carrie Lam, has said.

Representative offices in Việt Nam

Establishing representative offices in Việt Nam is considered as a safe initial step before the traders conduct a series of complex legal procedures with high cost for the establishment of wholly foreign-owned enterprises.

Shares slump on foreign selling

Shares failed to sustain the morning rises on HCM City’s market yesterday as blue chips lost ground on strong foreign selling.

Making a VN shrimp brand

Minister of Agriculture and Rural Development Nguyễn Xuân Cường said that it was necessary to identify shrimp a national strategic product as a stimulator to boost farming, enhance quality and build a globally-recognised Vietnamese shrimp brand.

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