Việt Nam News

Grant Thornton Vietnam Limited’s (Grant Thornton) 16^th survey on the private equity sector in Việt Nam showed largely positive responds about national economy progress and optimism for the country’s level of investment attraction.

Many managing executives have registered to buy large amounts of shares of their firms in recent days following the release of positive business information.

Multinational companies focus on building talent management strategies right from the early stage of their businesses, but many of their Vietnamese counterparts do not, a seminar heard in HCM City yesterday.

Profits of commercial banks, including large-sized entities, continue to depend mainly on lending, making it difficult to achieve sustained growth.

Vietnamese stocks advanced on the two local markets on Tuesday as large-cap shares were boosted by investors’ bargain hunting.

The central city has approved a dairy-cow farm on 124ha in Hòa Phong commune in Hòa Vang district as the first ever complex of farm and milk plant in the city.

Sale of cars in April was reportedly down 18 per cent to touch 21,942 units in comparison with the previous month.

The American Food and Drug Administration (FDA) has cancelled the import licences of 679 Vietnamese food and beverage manufactureres that did not re-register with the agency as required, or did so without following current procedures.

Vietsovpetro, a joint Vietnamese-Russian oil and gas enterprise on May 7 began operating the Thỏ Trắng 03 oil rig (White Rabbit) at well 37P offshore of the southern province of Bà Rịa-Vũng Tàu, 13 days ahead of schedule.

The Embassy of Việt Nam in Indonesia and the Indonesia – Việt Nam Friendship Association (IVFA) jointly organised a forum to connect the two nations’ enterprises in Jakarta, Indonesia on Monday.

Commercial banks take efficiency into consideration when providing loans for high-tech agriculture projects, an official from the State Bank of Việt Nam (SBV) said.

An upcoming G2B (Government to Business) conference will target creating favourable conditions for business growth, not merely on solving existing problems facing enterprises, a senior official said yesterday.

The central province of Thừa Thiên – Huế aims to attract around US$300-400 million in foreign direct investment (FDI) this year, according to the province’s recent investment promotion plan.

A HCM City programme to trace the origin of pork products that began four months ago has not met the expectations of its managers, according to the Department of Industry and Trade.

Rising sea levels have exacerbated saline intrusion and coastal erosion in Việt Nam, but farmers can make the best out of a bad situation by shifting from agriculture to aquaculture, raising brackish water shrimp.

Recent returns have shown that investments in pre-listing companies promise big gains for investors who make bets on the firms with impressive business results and clear listing plans.

The US Department of Commerce (DOC) was rescinding the administrative review of the anti-dumping duty order on steel wire garment hangers from Việt Nam, said Việt Nam Competition Authority (VCA) under the Ministry of Industry and Trade.

The military-run mobile carrier Viettel is planning to expand its investments to Indonesia and Nigeria, two countries with large populations, group leaders told the annual general meeting of Viettel Global, a subsidiary of the Viettel Group.