Actis – a leading global investor in sustainable infrastructure will invested more than US$20 million in An Phát 1 Industrial Park to own 49 per cent of the company’s shares.
Iron and steel exports to the EU reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs.
Long An Province’s economy in the first sixth months of the year saw positive development despite being hit hard by COVID-19, with its economic growth ranking third in the Mekong Delta, according to the provincial People’s Committee.
Đồng Nai Province has attracted nearly US$715 million worth of foreign direct investment so far this year, already exceeding its full-year target of $700 million.
International Finance Corporation (IFC) is providing a US$40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank) to support local businesses and help them make a resilient recovery after the COVID-19 pandemic
Vietnamese Goods Week in Japan ended on Saturday with Vietnamese bananas finding a foothold in what is often considered a picky market.
Deputy Prime Minister Lê Văn Thành has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business to 35 per cent.
The market rose strongly on Monday with the VN-Index reaching 1,400 points as investors poured money into blue-chip stocks.
The positive performance in April-June period allowed Vicostone to make the first dividend payment for 2021 in cash at the rate of 20 per cent, worth VND320 billion, the company said in a statement.
Wood products exports are expected to rise to a record US$15-16 billion this year despite the impacts of the COVID-19 pandemic.
In the future, foreign investors who wish to register for multi-level marketing (MLM) activities in Việt Nam may need three consecutive years of experience in multi-level marketing in another country.
Trần Tuấn Anh, director of a three-star hotel in HCM City’s District 1, said hopes of a business revival after earlier waves of COVID-19 were contained have vanished with the latest outbreak, and bankruptcy looms.
After struggling to find direction, the market hit a new record on the back of bank stocks in the last trading session. Analysts from securities firms said that this will be the driving force for the VN-Index to head toward 1,400 points.
A group of investment funds run by Dragon Capital announced Saturday it had successfully bought more than 2.71 million shares of Đất Xanh Group JSC (DXG).
The State Bank of Việt Nam has approved the 2020 dividend payout plan of Liên Việt Post Commercial Joint Stock Bank (LienVietPostBank or LPB), at the rate of 12 per cent in shares.
Seventy per cent of Asia Pacific corporations are willing to pay a rental premium in future to lease sustainability-certified buildings, a recent report by JLL has said.
The trend of shoppers going online en masse is driving demand for cold storage facilities, something that is in severe short supply in Việt Nam.