Vietnamese, Irish businesses seek cooperation in food industry

A workshop introducing the Irish food industry was held in Hà Nội on September 5, opening up opportunities for businesses of the two countries to seek investment and cooperation in this field, with a focus on sustainability, health and wellness.

Private equity optimism falls

A survey of the private-equity sector in July by consulting firm Grant Thornton found that 72 per cent of respondents (down 14 percentage points from six months ago) anticipated higher level of investment activities in Việt Nam in the next 12 months.

Review of FDI projects needed: former minister

Potential threats to the nation’s economic sovereignty, natural environment and social fabric should be limited to the maximum extent possible, a foreign investment expert has said.

Domesco to lift foreign ownership cap

The State Securities Commission (SSC) has allowed Domesco Medical Import Export Joint Stock Corporation (Domesco) to increase its foreign ownership to 100 per cent, a move that shows Việt Nam’s willingness to open up to more foreign capital.

Firms to buy excess salt from City farms

 Nine companies have registered to buy all 95,000 tonnes of salt inventory from farmers in HCM City’s Cần Giờ District, according to the city’s Department of Agriculture and Rural Development.

Hanjin Shipping Global ceases operations in VN

The Vietnamese Representative Office of Hanjin Shipping Global, South Korea’s giant container shipping company, announced that it would not accept any new booking of freight orders from August 31.

Việt Nam sees enterprise growth

Việt Nam has gained good results in the development of enterprises for the first eight months of this year, according to the Ministry of Planning and Investment (MPI).

Provinces, cities issue municipal bonds for funding needs

On August 26 the southern province of Bà Rịa-Vũng Tàu issued for the first time municipal bonds worth VNĐ500 billion (US$4.44 million) to raise capital for infrastructure projects. The money will be used for building the Phước Hòa-Cái Mép Road, the Hồ Sông Ray inland canal system, and the Vũng Tàu Polyclinic.

 

VN, Thailand in Phillipines rice deal

Thailand and Việt Nam have won deals to supply a total of 250,000 tonnes of rice to the Philippines after the two countries reduced their selling prices to suit Manila’s budget.

Market likely volatile at short-term peak

The local stock market is likely to remain volatile this week, given rise to profit-taking pressures, while the benchmark VN-Index is approaching the short-term peak of 680 points, analysts have said.

Tourism sector sees strong growth

The number of foreigners visiting Việt Nam in August reached 899,700 arrivals, an increase of 34.4 per cent over the same period last year, according to Việt Nam’s General Statistics Office.

Rising prices expected for HCMC aparments: report

The price of apartments in HCM City is expected to increase annually by 5-10 per cent for the next three years, according to a report by Jones Lang LaSalle Việt Nam (JLL Việt Nam), a foreign commercial real estate and property services provider.

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