In the first quarter of 2020, the company reported its net revenue was up 11 per cent on-year to VND303.7 billion and post-tax profit gained 14 per cent on-year to VND41 billion. — VNS … [Read more...] about South Korean firm buys 25 per cent of Imexpharm
How do venture capital firms monitor their investments
Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Bao Minh Insurance, a major insurer listed on the Ho Chi Minh Stock Exchange (HoSE), have also said that they have entered into fewer new insurance contracts this year, while many existing customers have asked to cancel insurance covers or defer fee payment as a result of business difficulties. … [Read more...] about Vietnam insurance firms expect Covid-19 profit downers
In the context of the COVID-19 pandemic, Vietnam has been getting a lot of attention as it has managed to cage the outbreak with a sheer iron will, the article said. Vietnam is fast emerging as the preferred destination of multinational firms, it stressed, adding that the Southeast Asian nation is revving up its economic engine and has already restarted domestic tourism. The IMF forecasts that Vietnam is likely to post economic growth 2.7 percent in 2020, while the World Bank has pegged it at 4.9 percent - far greater than regional peers. “Vietnam finds itself in a sweet spot today. It has contained COVID-19, weathered most of the economic storm, and has the right ingredients to take full economic advantage of the post-pandemic scenario”, the article said. Foreign media also ran articles on the assessment of Vietnam’s success in containing the spread of the virus and working for its economic recovery. Axios.com said Vietnam was one of the first in the world … [Read more...] about Vietnam’s economy attractive to foreign investment: int’l media
Hoàng Minh Cường, director of the Việt Nam Telecommunications Authority (VNTA) under the Ministry of Information and Communications, said to lead in digital transformation and build a smart city, telecommunications infrastructure must be a priority. … [Read more...] about MIC asks Hà Nội to focus on 5G development, telecoms firms link up