The Hanoitimes – In order to maintain the competitiveness of export products, the exchange rate still needs an adjustment at a moderate level. Bao Viet Securities Company (BVSC) in its latest report predicted that the Vietnamese dong (VND) will depreciate by around 3% in 2018. In BVSC’s calculation model, the growth of Vietnam’s nominal effective exchange […]
Read MoreCambodia and Vietnam should work together to promote their popular tourist draws, particularly Ha Long Bay in Northern Vietnam, and the Angkor archaeological complex in Siem Reap, according to a Vietnamese official. Nguyen Khao Thai, an official at the Vietnamese Ministry of Information and Communication, proposed the idea. “Ha Long Bay, is one of the […]
Read MoreThe Hanoitimes – Domestic non-life insurance companies expect the additional investment capital will help them expand distribution networks and enlarge market shares in the prosperous but competitive market. Bao Long Insurance Corporation has so far approved a plan to increase capital through share issue, with priority for foreign investors. Accordingly, the company’s capital will increase from […]
Read MoreThe Hanoitimes – “The digital lifestyle has played a vital role in the rapid growth of the country`s developments in its economy, infrastructure, and education, and this has resulted in increased domestic household income,” said Philippe Broianigo, CEO of Central Group Vietnam and Big C Vietnam. Central Group, Thailand’s largest retail conglomerate, has plans to invest […]
Read MoreCentral Group, Thailand’s largest retail conglomerate, plans to raise the number of retail sites in Vietnam over the next five years to 720, almost four times last year’s number. According to Philippe Broianigo, chief executive of Central Group Vietnam and Big C Vietnam, the company is allocating US$500 million to expand in Vietnam during 2018-22. […]
Read MoreThe Hanoitimes – Vingroup – Vietnam`s largest privately-run conglomerate – is expected to increase its charter capital by VND840 billion (US$36.08 million) to VND32.75 trillion (US$1.4 billion) after the share issuance. Vingroup expects to raise VND9.32 trillion (US$400 million) by issuing preference shares to Hanwha Vietnam Opportunity Private Fund 1 under Hanwha Asset Management, an affiliate […]
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Thailand
