M&A to spike as economy grows
There will be a wave of mergers and acquisitions in Vietnam in the next five years when the economy recovers and foreign direct investment surges, an international conference heard in HCM City on August 7. Vietnamese and foreign experts said t it could result in deals worth a total of US$20 billion.The next five years […]
FDI firms encouraged to invest in agriculture
Vietnam has called on foreign direct investment firms to further invest in agricultural product and food processing to balance trade and take full the country’s advantages, said a senior official from the Ministry of Industry and Trade. At a meeting between the ministry and businesses in the Mekong Delta on November 5 in Can Tho […]
FDI disbursement up 5.9% in 10 months
Disbursement of foreign direct investments (FDI) posted an encouraging 5.9-per cent increase to US$10.15 billion in the first 10 months of 2014. The latest report from the Ministry of Planning and Investment’s Foreign Investment Agency also revealed that in the first 10 months of the year, Viet Nam attracted FDI worth $13.7 billion, or 71.2 […]
WTO Announces Ruling On Vietnam’s Shrimp Anti-Dumping Lawsuit
The World Trade Organisation (WTO) on November 17 announced the panel’s final decision on Vietnam ’s lawsuit against the US imposition of anti-dumping tax on its certain warm-water frozen shrimp, known as case DS/429. The panel considered 11 contents in Vietnam ’s claims and issued rulings on seven of them which are considered conducive to […]
Vietnam offers vital hub for German SE Asia entry
Vietnam has increasingly appeared as an attractive destination for German companies wanting to expand their presence in Asia thanks to the country’s increasingly diverse range of industries. Bosch is one of the distinctive German brands in Vietnam Data from Vietnam’s Ministry of Planning and Investment show a growing trend of investment from German companies into […]
Petrochemical projects put Vietnam at risk
Vietnam has expanded the plan to develop the petroleum industry in the country by 2020, but some say that the increasing number of refineries comes with significant risks. Japanese firm keen to invest in Dung Quat EZ Revised zoning plan for Dung Quat seaport 2 approved Dung Quat Oil Refinery sets new safety record Originally, […]
Foreign fast-food chains make limited use of local suppliers
Though foreign fast-food chains would like to use the services and goods of Vietnamese suppliers, they still must look abroad to buy food and equipment that meets their requirements. Nguyen Huy Thinh, managing director of McDonald’s Vietnam, said looking for domestic food supply sources that could satisfy the company’s requirements was “a major headache”. Since […]