Foreign investor group eyes majority stake in pldt unit

The company has convened as extraordinary general meeting at the beginning of February to dismiss some members of the board of directors and the supervisory board and elect new ones. … [Read more...] about Seafood processor Vinh Hoan buys 51 pct stake in snack company

Stephan Cieplik, SVP of Global Partnerships at City Football Group, said: "Our partnership with Midea has been extremely successful since we launched in January 2020. The Midea Home Challenge has been one of our most popular content campaigns which not only created high levels of digital engagement but provided fans around the world with fun challenges to help keep them entertained whilst at home. Midea is a brand whose values and ambitions align with Manchester City and we are delighted that we are now expanding this partnership to include further teams within the City Football Group family." … [Read more...] about Midea Expands Partnership with Manchester City & City Football Group

The directive told the chairs of Hải Dương Province People’s Committee and Quảng Ninh Province People’s Committee to shut down all businesses failing to comply with COVID-19 measures, and charges the local leaders with the responsibility to direct swift contact tracing and suppressing the outbreak, mass testing as well as place all suspected cases – including direct contacts of confirmed COVID-19 patients – under 21-day quarantine. … [Read more...] about PM orders lockdown of Chí Linh City, Vân Đồn int’l airport over major COVID-19 clusters

Hanoi (VNA) - Foreign investors had poured 1.51 billion USD into Vietnam as of January 20, a 4.1 percent increase over the same period last year, according to the Ministry of Planning and Investment (MPI). Forty-seven new projects were granted investment registration certificates, a year-on-year decline of 81.8 percent, while the registered capital topped 1.3 billion USD, down 70.3 percent. Forty-six existing projects registered to add capital totalling 472.2 million USD, up 41.4 percent year-on-year. Meanwhile, capital contributions and shares purchases by foreign investors stood at 220.8 million USD, down 58.7 percent. Foreign investors pumped capital into 14 sectors in the period, with processing and manufacturing holding the lead at nearly 1.54 billion USD, representing 76.4 percent of the total. Real estate ranked second with nearly 179 million USD, followed by transportation and warehousing and agro-forestry-fisheries with 111.9 million USD and 60.4 million USD, … [Read more...] about January FDI tops 1.5 billion USD

In a discussion with Tuoi Tre (Youth) newspaper, Nguyen Van Toan, deputy chairman of the Vietnam Association of Foreign Invested Enterprises (VAFIE), said the arrival of suppliers, manufacturers, and assemblers for Apple, Microsoft, and Sony signifies the success of the Southeast Asian country’s plan to attract tech-related FDI. … [Read more...] about Big tech makes mass arrival to Vietnam