The strategic agreement between FPT and its Slovakian partner was witnessed by Prime Ministers Nguyen Xuan Phuc and Robert Fico At the gala ceremony to honour exemplary mergers and acquisitions (M&A) in Vietnam in the past decade from 2009 to 2018 as part of the recent Vietnam M&A Forum 2018 hosted by VIR under the patronage of the Ministry of Planning and Investment, FPT was called to the stage in three award categories. First, it was named among the 10 companies with the best M&A strategies in the past decade. Second, it carved out a spot among Vietnam’s top 10 M&A deals during 2017-2018 in the acquisitions category. And third, it was honoured among Top 3 M&A deals during 2017-2018 in information disclosure. Of the awards, the tech giant left the deepest impression with its most recent deal in which it spent about $50 million on acquiring a 90 per cent stake in Intellinet, becoming the first-ever Vietnamese tech firm to acquire a US consultancy firm. In … [Read more...] about FPT betting on M&A to go global
Key elements of a strategic plan
Five years ago, the integrated resort was established in Lang Co Bay, a destination known for its untouched natural beauty and unique culture. Lang Co was first discovered by King Khai Dinh, the 12th King of the Nguyen dynasty, and the destination retains its original charm, nestled in a rural setting with picturesque countryside and the natural elements of Feng Shui. Laguna Lang Co has been operating two luxury hotels branded Banyan Tree and Angsana, an 18-hole par-71 championship golf course designed by six-time Major winner Sir Nick Faldo, luxury private villas and residences, convention facilities, and recreational activities. “As we turn five years old with many significant achievements under our belt, we now look forward to the next exciting phase of our development. It is our time! It is also the time for Hue and the province of Thua Thien-Hue to have its moment in the sunshine,” shared Gavin Herholdt, managing director of Laguna Lang Co. “In 2018 we have gone … [Read more...] about Laguna Lang Co marks five year anniversary in Vietnam
Dismayed European allies sought on Wednesday to salvage the Iran nuclear deal and preserve their Iranian trade after President Donald Trump withdrew the United States from the landmark accord and ordered sanctions reimposed on Tehran. “The deal is not dead. There’s an American withdrawal from the deal but the deal is still there,” French Foreign Minister Jean-Yves Le Drian said. But Iranian President Hassan Rouhani, a pragmatist who helped engineer the 2015 deal to ease Iran’s economically crippling isolation, told French counterpart Emmanuel Macron in a phone call that Europe had only a “limited opportunity” to preserve the pact, the Iranian Students’ News Agency reported. “(Europe)... must, as quickly as possible, clarify its position and specify and announce its intentions with regard to its obligations,” ISNA quoted Rouhani as telling Macron. Macron, who like other European leaders had lobbied Trump to keep the agreement that … [Read more...] about Europeans work to save Iran deal, and business, after Trump pulls out
Editor’s note: Anton Tsvetov is a Southeast Asian affairs analyst from Moscow, Russia. Last week Vietnam saw back-to-back visits by two defense ministers from two of the country’s key partners – Russia’s Sergey Shoigu and the US’ James Mattis. Long-time observers of Vietnamese foreign policy have gotten used to such careful balancing by the country’s leadership: recent examples are the revolving-door visits by Donald Trump and Xi Jinping after the APEC Summit in Danang late 2017 or PM Nguyen Xuan Phuc’s visit to Moscow in May 2016 just as Vietnam was preparing to host then US President Barack Obama. Shoigu’s and Mattis’ visits mirrored each other both in style and substance. Both met not only their counterpart Defense Minister Ngo Xuan Lich, but also President Tran Dai Quang and CPV General Secretary Nguyen Phu Trong, which tells us that the visits were not merely a defense-specific event, but a reaffirmation of long-term strategic … [Read more...] about ‘Like-minded partner’ or ‘old friend’: Can Vietnam avoid getting caught between US and Russia?
REDOUBLE EFFORTS TO BUILD OUR PARTY CLEAN AND STRONG; PROMOTE THE ENTIRE NATION'S STRENGTH AND SOCIALIST DEMOCRACY; PUSH FORWARD COMPREHENSIVELY AND HARMONIOUSLY THE RENEWAL PROCESS; DEFEND FIRMLY THE HOMELAND AND MAINTAIN STURDILY A PEACEFUL AND STABLE ENVIRONMENT; AND STRIVE FOR OURS TO SOON BECOME BASICALLY AN INDUSTRIALIZED COUNTRY TOWARD MODERNITY Report of the Party's XIth-tenure Central Committee presented by General Secretary Nguyen Phu Trong on the Party's XIIth Congress Documents Members of the Presidium, Distinguished guests, Congress delegates, The Party XIIth National Congress is tasked with taking stock of the implementation of the Party's XIth Congress Resolution; looking at the last 30 years of renewal; determining orientations, objectives and tasks in the 2016 – 2021 five-year period of ; reviewing the leadership of the Party's XIth-tenure Central Committee; assessing the observance of the Party's XIth-tenure Statutes; and electing the Party's XIIth-tenure … [Read more...] about Report of the Party’s XIth-tenure Central Committee – Politics & Laws – Vietnam News Politics, Business, Economy, Society, Life, Sports