Việt Nam News

While sustainable smart cities are considered a solution to sustain international business investments, for Việt Nam experts have advised local cities and provinces to prioritise building.

Masan Group Corporation said it has signed a deal for US$350 million primary investment in The CrownX Corporation by a consortium of investors comprising TPG, Platinum Orchid, which is wholly owned by the Abu Dhabi Investment Authority, and SeaTown Master Fund, which is managed by an indirect subsidiary of Temasek Holdings.

Container and warehouse shortages and surging container shipping costs have hit the textile and garment industry hard, insiders told a seminar in HCM City.

BUSINESS BEAT

Việt Nam is the third-largest cinnamon producer and exporter in the world after Indonesia and China, and the future is full of potential. However, challenges need to be carefully navigated to are also ahead in ensuring sustainable development.

The Ministry of Industry and Trade’s Department of Petroleum and Coal has reported that the domestic gas output is about 9-10 billion cubic metres per year, of which 85 per cent is for power plants, 11 per cent for fertiliser production factories, and 4 per cent for other consumers. 

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has sent a petition to the Prime Minister proposing the amendment of regulations on quarantine for aquatic products used for food.

Financed by local conglomerate Vingroup, the factory will be developed on 8ha in its initial phase, providing lithium batteries for VinFast’s electric cars and buses.

Digital transformation will be the focus to effectively control the pandemic and restore socio-economic development over the next two years, Prime Minister Phạm Minh Chính has confirmed.

To speed up recovery post-Covid-19, HCM City authorities are trying to link up businesses and banks to address the former’s financial needs.

Sài Gòn Alcohol, Beer and Beverages Corporation (SABECO) has been named among the Top 50 Listed Companies in Việt Nam by Forbes Vietnam for the fourth year in a row.

More than 200 local and interntaional experts, investors, supporting agencies and leading organisations in the startup ecosystem took part in a discussion on sources of support for Vietnamese startups at an international seminar held on Friday in HCM City.

The launch marks a new development of the local stock market. 

Masan Group has been named among the Top 50 Listed Companies in Vietnam by Forbes Vietnam for a ninth year in a row.

New research by the Konrad Adenauer Stiftung and Institute for European Studies shows that the short food supply chain (SFSC) model, although newly implemented in Việt Nam, has had promising results.

SSI Asset Management Company’s Vietnam Long-term Growth Fund has received the registration certificate from the State Securities Commission and will list on December 13.

Plant-based ‘fake’ meat products are becoming more and more popular in HCM City despite costing more than actual meat.

In 2021, Việt Nam recorded 5,600 newly-established digital technology businesses, stemming from the need to work, sell and communicate online in the context of the COVID-19 pandemic.