Investment fund accounting

Gulf Energy Development PLC, a leading Thai private power producer, recently announced plans to acquire 70.5 per cent of Global Mind Investment Management (GMIM)’s shares from Nech Opportunities Fund VCC, worth US$40 million (Bt1.2 billion) to expand investment in Viet Nam. … [Read more...] about Thai investment in Viet Nam increases

“Japan is still a key market of our exports with more than 2,000 employees working for F-Soft Japan. We also plan to open representative offices in the United Arab Emirates to expand in the Middle East after successful market access to Europe and Japan,” he said. … [Read more...] about F-Soft Da Nang to boost investment

Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines

Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/ND-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary. … [Read more...] about Draft amendments to e-commerce activities law discussed

The Ministry of Industry and Trade is continuing to provide information related to EVFTA implementation through its website (http://evfta.moit.gov.vn/) while promoting market research to help businesses take advantage of EVFTA-based tariff incentives. The ministry will maintain its weekly agricultural-forestry-fisheries newsletter, build a market information channel to update businesses on market developments, and forecast and evaluate market supply, demand and prices to help businesses prepare appropriate production and trade development plans. It will also promote branding of exports to the EU. … [Read more...] about Efficient EVFTA implementation contributes to economic recovery