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Low-quality investment not welcomed in Vietnam: PM

The Hanoitimes – Vietnam has huge potential for investment especially high-tech projects, thereby, the Vietnamese prime minister suggested the Hongkong-based manufacturer to expand its investment to Vietnam’s three biggest cities including Hanoi, Danang, Ho Chi Minh City. Vietnam has the right to choose appropriate investors and those of low-quality projects would not be welcomed, Vietnamese Prime […]

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VN taxes on EU’s cars to fall to 0%

Taxes on imported cars from Europe to Vietnam will drop to zero per cent in the next nine to 10 years, creating new competitiveness in the automobile market. Deputy Minister of Industry and Trade, Tran Quoc Khanh made the statement at a press conference held in Hanoi on Thursday. Vietnam and the EU officially signed […]

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Vietnam: Foreign investors compete for Vinamilk shares

The Hanoitimes – Since early 2018 to date, F&N Dairy Investment and Platinum Victory have been competing with each other for the acquisition of 1% of Vinamilk stake, but their respective moves have failed to materialize. Singapore-based F&N Dairy Investments and Platinum Victory, a subsidiary of Hong Kong-based Jardine Matheson, announced their unsuccessful attempts to acquire […]

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Thailand: Operators look for ways to regain the China market

Several challenges beset Thailand’s tourism industry in the first half of 2019, especially the fading China market after a slowdown stemming from the sluggish global economy and trade tensions between the world’s two biggest economies. The soaring baht against major currencies, including the yuan, is another worrying issue that could deter Chinese from travelling here. […]

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