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SCG deal boosts Vietnamese pitch

SIAM Cement Group (SCG) yesterday confirmed it will join with state enterprise PetroVietnam in a US$5.4 billion petrochemical project, just as the Vietnamese prime minister was inviting Thai investors to be strategic partners in his country’s liberalisation of the economy. In his keynote speech at the Vietnam-Thailand Economic Cooperation Forum, Nguyen Xuan Phuc said yesterday […]

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Vietnam: Top Thai brands exhibition begins in Hanoi

HANOI — Vietnamese customers will get access to many of Thailand’s internationally recognised brands at the Top Thai Brands 2017, which began in Hanoi on Thursday. The exhibition, formerly known as the Thailand Week trade fair, will continue till August 20. This year, two days of the event (August 17 and 18) is dedicated for […]

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Moody’s: Vietnam economy can absorb shocks better than Cambodia

HANOI – Vietnam and Cambodia share several economic characteristics, but Vietnam’s larger, more diverse economy has the greater capacity to absorb shocks, said a Moody’s report released on Tuesday. The credit rating agency’s conclusions are contained in the report titled “Governments of Cambodia and Vietnam  – Vietnam’s economic diversity supports stronger credit profile, despite higher […]

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Vietnam: 30 years of FDI and counting

HANOI — Vietnam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies. Speaking at an MPI meeting last week, Nguyen Van Trung, Deputy Minister of […]

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Indonesia, Vietnam Strengthen ASEAN Trade

TEMPO.CO, Jakarta – Indonesia and Vietnam have agreed to strengthen bilateral ties in order to enhance trade activities at the ASEAN level. “Our strategy is to strengthen Vietnam’s position as Indonesia’s main regional chain of supply in ASEAN,” said Trade Minister Enggartiasto Lukita on Monday, August 14. Enggartiasto said that the strategy is more practical for Indonesia instead of […]

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