Corporate

Should the Wuhan viral outbreak escalate sharply, service sector activity, particularly in fields associated with tourism, would be most vulnerable, which could leave economies such as Vietnam and neighboring countries like Thailand and Singapore exposed, Fitch Ratings has said in a note. … [Read more...] about Wuhan coronavirus could negatively affect Vietnam’s economy: Fitch

The deadly coronavirus outbreak in China has killed at least 80 people, while the global infection tally is approaching 3,000. (Photo: AFP/DALE DE LA REY) As the death toll from the Chinese epidemic jumped to 80 with those affected worldwide approaching 3,000, analysts said there were growing fears the crisis could become as bad as the SARS outbreak that hammered Asian markets in 2003. … [Read more...] about Oil, equities hit by fears over economic impact of deadly virus

Specifically, the most valuable foreign-invested project last year was the capital contribution and stake purchase of Hong Kong’s BeerCo Limited, which spent $3.85 billion acquiring a stake in Vietnam Beverage Co., Ltd., a local unit of Thai Beverage Public Co., Ltd. Another Hong Kong investor Techtronic Tools Co., Ltd. poured $650 million into an research and development centre and factory in Ho Chi Minh City. … [Read more...] about New growth model for new decade

Hanoi (VNS/VNA) - The Ministry of Construction (MoC) will carry out routine compliance inspections on investment and business practices at many big real estate firms in 2019, including MBLand, Mipec, Lac Hong, Thuong Tin and Eurowindow Nha Trang. The ministry said it planned to carry out 90 inspections in different sectors including planning management, transportation projects, civil and industrial projects, infrastructure, building materials, real estate investment and anti-corruption. The ministry’s chief inspector will take responsibility for conducting the inspections and reporting to the minister. The inspections will look at the implementation of housing regulations by many real estate projects that are under construction. The inspectorate will look into Military Petrochemical JSC (MIPEC)’s projects including Mipec City View and Mipec Riverside in Hanoi. MBLand will also have its projects inspected including Square Field in Tay Ninh and Golden Field and Grand … [Read more...] about Ministry of Construction to inspect real estate firms

He held different positions at the group such as general director of Viettel Network Corporation and head of the group’s planning department. Before being appointed as Viettel’s deputy general director, he was deputy general director of Viettel Global JSC cum general director of Viettel Myanmar (Mytel). … [Read more...] about Viettel has new deputy general director