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.
Foreign investors may be entitled to directly distribute products they are banned from under existing regulations.
The Ministry of Planning and Investment has proposed that the Vietnamese government combine two documents guiding a wide range of investment models in the infrastructure sector in order to provide a more robust legal framework.
A delegation of nearly 50 European companies came to Vietnam looking for investment opportunities in several sectors including agriculture, food and tourism.
Foreign direct investment (FDI) approvals in the southern province of Dong Nai in the January to October period exceeded the year’s target with many projects committed to mechanical engineering and technology sectors.
During Russian President Vladimir Putin’s visit to Vietnam starting on November 12, the two countries will sign 15 cooperation agreements on economics, energy, science-technology, education, health care and military affairs, said Vietnamese Ambassador to Russia Pham Xuan Son.
The 13th quarterly EuroCham Business Climate Index (BCI) survey released on November 6 showed that business confidence and outlook among European businesses in Vietnam remains unchanged for the third time - stagnating at 50.
HCMC – Citing figures from Bloomberg, the CEO of HSBC Vietnam Sumit Dutta said that Vietnam dong was the third among Asian currencies in terms of stability against the U.S. dollar since early this year to August.
Viet Nam has attracted US$19.2 billion in direct foreign investment (FDI) so far this year, up 65.5% from a year earlier, according to the General Statistics Office (GSO).
Vietnam is expected to receive US$11 billion in overseas remittances in 2013, ranking it among the World Bank’s (WB) 10 leading remittance recipients in the world.
Viet Nam-France relationship has been expanded and promoted in all fields, becoming a role model in the relations between a developed nation and a developing one in the world.
The Vietnamese government and the World Bank are offering preferential incentives as part of efforts to find a second investor for the Dau Giay-Phan Thiet Expressway, the first expressway public-private partnership project in Vietnam.
The current economic slowdown is not only an opportunity for Vietnam to restructure the economy in general, but also an opportunity for enterprises to pay more attention to sustainable growth. International Finance Corporation’s vice president for Asia Pacific Karin Finkelston, shares with VIR.