Amata Corporation Pcl, Thailand’s largest developer of industrial estates, plans to invest 3.4 billion Baht (around US$110 million) in its Vietnamese projects this year.
The price of bio-fuel E5 increased by VND429 while those of diesel 0.05S and kerosene increased slightly by VND430 and VND448 per litre, respectively in the latest regular adjustment of petrol and oil prices on January 19.
Vietnam and South Africa hold huge potential for boosting cooperation in many fields, including bringing bilateral trade turnover to US$2 billion a year, said an official of the Vietnam Chamber of Commerce and Industry (VCCI).
Minister of Planning and Investment Nguyen Chi Dung suggested completing mechanisms to facilitate smooth operation of the market economy, creating equal business environment and pushing the restructuring process in state owned enterprises as solutions to achieve prosperous growth and sustainable environment in Vietnam.
PSNews - The Vietnam Automobile Manufacturers’ Association (VAMA) announced that 272,750 cars were sold in 2017, down 10% compared to 2016. The sales of passenger cars, commercial and special-use vehicles decreased by 15%, 2% and 12%, respectively.
PSNews - The largest South Korea's automaker Hyundai is joining hands with Grab in its future expansion strategy in Southeast Asia.
Vietnam has recorded upbeat growth despite disadvantages brought about by the withdrawal of the US from the Trans-Pacific Partnership, according a recent article published on the East Asia Forum.
The Ministry of Natural Resources and Environment (MoNRE) will continue to work towards an institutional breakthrough for promoting the agglomeration of land for large-scale agricultural production.
Foreign investors will be given the go-ahead to set up logistics companies in Vietnam, but with conditions on ownership and services, according to Government Decree 163 on logistics services which will come into force on February 20.
Industrial production of Ho Chi Minh City is forecast to see stable growth in 2018, with the index of industrial production index (IIP) to expand by 8-8.5% year-on-year.
Vung Ro Petroleum is bringing clean tech to Vietnam from the green state of Denmark by entering an important partnership with DenimoTech - a Danish global machinery equipment and turnkey industrial facility manufacturer -to construct a high-tech state of the art bituminous binders processing plant.
The volume of fruits and vegetables imported from Thailand is expected to surge this year as import tariffs imposed on these products are reduced to 0%, heating up pressure on their Vietnamese peers.
The south central coastal province of Binh Thuan always creates the optimal conditions for enterprises and investors to do business and develop sustainably in the locality, said a local official.
Vietcombank said it will continue reducing its loan interest rates for five groups of prioritised borrowers in 2018 in accordance with Circular No. 39/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam (SBV).
The US Department of Commerce (DOC) has just published a paper announcing the initiation of a sunset review of the anti-dumping measures applicable to utility scale wind towers imported from Vietnam.
As a country seriously affected by global climate change, Vietnam considers adaptation to climate change vital to socio-economic development, especially to the agricultural sector.
The biggest M&A deals were in a variety of business fields, especially the real estate and banking sectors.
Deputy Prime Minister Vuong Dinh Hue called on the Keb Hana financial group of the Republic of Korea to increase finance-banking investment in Vietnam while receiving Chairman and CEO of the group Kim Jung Tai in Hanoi on January 5.
Five richest families have seen their wealth swell in early 2018 thanks to the boom of Vietnam’s stock market.
The Vietnam Association of Seafood Exporters and Processors (VASEP) has projected shrimp exports to continue gathering momentum this year, particularly in the EU and China.