The Hanoitimes – As the 16th largest US trade partner, Vietnam will see its exports to the US more expensive because of the elimination of preferential tariffs. The Trump Administration has eliminated its special preferences for a list of self-declared developing economies that includes Brazil, China, South Korea, Singapore, Thailand, Malaysia, and Vietnam. The elimination resulted […]
Read MoreThe Hanoitimes – It is unclear whether the GIC-led consortium has fully withdrawn from VCM or transferred its stake to other investors. The respective amounts of holding of Singapore’s sovereign wealth fund GIC and Credit Suisse Singapore Branch at VCM Services and Trading Development Company (VCM), the operator of the Vinmart chain, have been reported at […]
Read MoreThe Hanoitimes – At a price of VND 48,000 (US$2.07) per share, Masan valued the company at US$46 million and price to earnings (P/E) multiple of 13x. Masan Consumer Corporation has announced that Masan HPC, its established home and personal care subsidiary, has completed the acquisition of 52% stake of local Net Detergent (Netco), local media […]
Read MoreThe Hanoitimes – Over 50% of the Vietnamese population does not have a payment account at banks, therefore, mobile money would offer a non-cash payment method for a large base of customers. The Ministry of Information and Communications (MIC) has suggested the pilot implementation of mobile money right in the first quarter this year would help […]
Read MoreThe Hanoitimes – Whether Vietnam could take advantage of the CPTPP would depend on the country’s institutional capabilities and local enterprises’ adaptability. The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) that has a clear timeline for signatories to realize their commitments would help speed up institutional reforms in Vietnam, according to Nguyen Thi Thu Trang, director of […]
Read MoreSingaporean oil and gas company KrisEnergy has decided to give up one of its oil exploration blocks in Vietnam to focus on its operations in Cambodia. The company said in a news release that KrisEnergy Vietnam has entered into a farm-out-agreement with a major oil and gas company for the transfer of its 100 percent […]
Read More
Thailand
