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Landscape of outbound Vietnamese investment ventures

While COVID-19 ddversities are making some firms more prudent, but there are firms that do not hesitate in finding ways to tap into the global market potential. A few days ago, Hanoi-based dairy firm VitaDairy officially announced its ownership of a dairy farm in the Australian state of Tasmania. Nguyen Thi Ha, the company’s general […]

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Vietnam to investigate shipping lines’ freight fees and surcharges

The Vietnamese authorities require the shipping companies to provide relevant documents on listed prices, The Vietnam Maritime Administration will launch an investigation of 12 shipping lines for freight fees, charges and surcharges, and issues related to ocean container shipping services. The shipping companies are subject to the investigation include: Denmark-based Maersk, Switzerland’s Mediterranean Shipping Company […]

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Moody changes Vietnam’s outlook to positive

The drivers of the positive outlook include signs of improvements in fiscal strength and potential improvements in economic strength that may strengthen Vietnam’s credit profile over time. Moody’s Investors Service on March 18 affirmed the Government of Vietnam’s long-term issuer and senior unsecured ratings at Ba3 and changed the outlook to positive from negative. “The […]

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