Car trade in deals

Another provision in this draft that raises concern among analysts is that only foreign investors considered by the ministry to be "reputable global technology companies in the field of e-commerce" will be allowed to enter the Vietnamese e-commerce market. … [Read more...] about Ministry wants social networks used to sell goods treated as online marketplaces

Construction of the first detail of Long Thanh International Airport started on January 5. The airport will be built in three phases over three decades, and is expected to become the country’s largest airport. In the first phase, one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works sprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. The airport is designed to have four runways, four passenger terminals, and other auxiliary facilities to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. Covering a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh district. It is expected to cost 336.63 trillion VND (14.5 billion USD), with the first phase needing over 109 trillion VND. Around 4,800 households and 26 organisations are expected to be relocated to make way for it. Located 40km to the east … [Read more...] about Routes leading to Long Thanh airport to be built

Earlier at the launch ceremony, Bui Ta Hoang Vu, director of the HCMC Department of Industry and Trade, said the HCMC Brand Award would help raise the awareness of businesses operating in the city over the importance of building their brands and encourage them to accelerate innovation, creativity and sustainable development. … [Read more...] about Winners of HCMC Brand Award to be announced Thursday

“Generally, all foreign investors regardless of corporate or financial investors look for the same thing: supporting their investee to grow, adding value and synergies to their portfolio of investments, and strengthening and generating financial returns,” he said. “For most Thai buyers, our general observation is that they do understand the general business practices in an emerging country like Vietnam, as most of their countries underwent the same business trajectory before.” … [Read more...] about Long-term development commitments realised through strategic M&A moves

Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session