The Hanoitimes – The government’s policies to promote the local automobile manufacturing and related supporting industries have attracted a huge foreign investment wave in the country in the first half of this year. South Korea’s Pyeong Hwa Automotive Co., Ltd. (PHA) in the middle of June got license to invest in a US$16.7 million automotive parts […]
Read MoreThe Hanoitimes – HSBC expected the SBV to react proactively, hiking its policy rate moderately by 25 basic points in the third quarter this year to curb inflationary pressures and inflation expectations. Vietnam’s headline inflation rose 4.5% year-on-year in July, remaining well-above the State Bank of Vietnam (SBV)’s 4% target, which is expected to remain above […]
Read MoreThe Hanoitimes – Stabilizing foreign exchange and inflation rates is considered as key objectives of the government at the moment. The Vietnamese government will make no changes to the monetary policy that has been in place since the beginning of the year until considerable global impact is felt, Prime Minister Nguyen Xuan Phuc asserted at the […]
Read MoreThe Hanoitimes – High economic growth and improved business environment has helped Vietnam become the most attractive destination of Japanese investors in ASEAN. According to Keiichi Kadowaki, chairman of Japanese Chamber of Commerce and Industry in ASEAN (FJCCIA), nearly 1,800 Japanese firms invested in Vietnam in the first half of the year, the highest among ASEAN […]
Read MoreThe Hanoitimes – Foreign investors have been accelerating the share acquisition or capital contribution in Vietnamese firms, helping the country’s M&A heat up and improve the firms’ transparency significantly. The Vietnamese market has recently seen a notably deal, in which Frasers Property acquired a 75 percent stake in Ho Chi Minh City-based Phu An Dien Real […]
Read MoreThe Hanoitimes – The rise in the number of business formations demonstrates that investors are likely to have gained more confidence in the domestic business climate. As many as 11,262 new enterprises have been set up in July this year with a total registered capital of over VND122 trillion (US$5.246 billion), down 7.8% in number of […]
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Thailand
