Quebec-headquartered Valeant has successfully established a foothold in Vietnam after the Canada's largest drug company completed its joint venture with Euvipharm for over $20 million in late 2013.
In an effort to optimise national development, Vietnam is becoming more selective regarding foreign direct investment (FDI), screening and declining projects incompatible with long-term goals.
Insurance is an important sector to any country and it has proved itself a potential industry in Viet Nam in the time to come.
Vietnam will continue creating favourable conditions for foreign investors, including those from Japan, to do long-term and efficient business in the country.
The international community is urging the government to increase structural reforms and stimulate local demand to achieve its macro-targets for 2014.
Vietnam has paid an expensive price for its macro-economic achievements in 2013.
The Ministry of Transport is determined to speed up the equitisation of the national carrier Vietnam Airlines.
As part of their continuing expansion in Asian markets, Korean food giants have growing demand for materials from Vietnam.
Food processor Hung Vuong (HVG) announced yesterday that it would sell up to 30 million shares to a foreign shareholder next year.
The head of the Vietnamese delegation at the World Trade Organisation (WTO)’s ninth ministerial conference in Bali, Indonesia has affirmed Vietnam’s political will and determination to pursue and support the multilateral trade mechanism within the WTO framework.