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Cuba top five luring Vietnam investment

Vietnam news/ANN:Â Cuba was among the top five countries attracting Vietnamese investment in the first 10 months of this year, according to the Foreign Investment Agency. The agency, under the Ministry of Planning and Investment, reported that Vietnamese firms registered investments of $20 million in Cuba in the first 10 months of this year. Although the […]

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Vietnam ratifies Pacific trade pact

HANOI (AFP) – Vietnam yesterday became the seventh country to ratify a sprawling Pacific trade pact set to come into effect later this year, despite US President Donald Trump’s pullout from a deal he decried as a ‘job killer’. Eleven countries revived a slimmed-down version of the Trans-Pacific Partnership (TPP) without Washington, though the new pact […]

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Vietnam’s Sabeco removes cap on foreign ownership

The Hanoitimes – The move would open up the company to further investments from foreign investors. Vietnam’s largest brewer Saigon Beer Alcohol Beverage Corp. (Sabeco) on November 12 announced that it has removed the limit on foreign ownership. On October 30, Sabeco’s board of directors adopted a resolution approving the unrestricted foreign ownership percentage in the […]

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Vietnam: New law designed to ensure healthy competition

The Hanoitimes – The law, which features eight amendments to the Competition Law 2004, respects business rights and maintain state management at a reasonable level to ensure healthy competition. The revised Competition Law 2018, which will take effect from July 1 next year, is expected to create a fair, healthy and transparent business and economic environment. […]

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