Hubzone joint venture requirements

Victoria Mekong cruise ship began its service between Vietnam’s Mekong Delta city of Can Tho and Cambodia’s Phnom Penh capital on December 11. (Photo: VNA) Can Tho (VNA) - Victoria Mekong cruise ship began its service between Vietnam’s Mekong Delta city of Can Tho and Cambodia’s Phnom Penh capital on December 11. The first luxury four-star cruise ship to connect the two cities is a four-deck cruise ship equipped with state-of-the-art facilities. The ship with 33 deluxe cabins and two VIP suites features a restaurant with a 360-degree view on the upper deck as well as shopping stores, spas, libraries and cinemas. During the tour, passengers will enjoy circus performances, lion dances, traditional Khmer dances and folk music performances of the Mekong Delta region. Passengers departing from Ho Chi Minh City will be transported by vehicles to Can Tho. Vo Xuan Thu, General Director of Victoria Can Tho Resort, a member of Thien Minh Group, said that a Mekong … [Read more...] about Luxury cruise ship opens Can Tho-Phnom Penh route

National Assembly Chairwoman Nguyen Thi Kim Ngan on December 11 (local time) met with leader of the Communist Party of the Russian Federation (KPRF) Gennady Zyuganov. (Photo: VNA) Moscow (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan on December 11 (local time) met with leader of the Communist Party of the Russian Federation (KPRF) Gennady Zyuganov as part of her official visit to Russia. Ngan informed the KPRF leader about Vietnam’s socio-economic development over the past time, saying Vietnam has maintained its marked growth in the Association of Southeast Asian Nations (ASEAN). To spur the national economic development, the Communist Party of Vietnam (CPV) has set forth three strategies on improving institutions, personnel and infrastructure, she said. Zyuganov congratulated Vietnam on outstanding socio-economic achievements the country has recorded, and lauded the CPV’s leadership. Vietnam is one of the priorities in Russia’s foreign … [Read more...] about Top legislator meets leader of Communist Party of Russian Federation

Ben Gray, director of Capital Markets at Cushman & Wakefield Vietnam There were strong reactions to the announcement made on December 3 that Masan Group’s consumer holdings subsidiary and Vingroup’s VinCommerce and VinEco business lines are finalising legal terms for a merger, which will form the country’s largest consumer platform. This new platform is exceptional in its scale and reach in the market: 2,600 supermarkets and convenience stores in 50 cities and provinces with 14 eco-farms. This now gives Masan Group, as part of the fast-moving consumer goods ecosystem, greater reach for its products, maximising the benefit from Vingroup’s investment into the retail space. It is an excellent example of a strategic merger of two goliaths of the Vietnamese market. Both have had clear lines of sight and a robust strategy to keep ahead of the structural changes in how consumers are maturing in the market, seeking greater convenience and quality, and seeking out … [Read more...] about Foreign direct investment and mature M&A boost investor confidence