The Hanoitimes – As the Vietnamese government aims to fully divest from Saigon Beer Alcohol Beverage (Sabeco), the presence of state representative in the brewer`s board is not necessary in long-term, according to the Central Institute for Economic Management (CIEM)`s expert. Nguyen Thanh Nam, Sabeco’s current chief executive officer and representative of the Vietnamese Ministry of […]
Read MoreThe Hanoitimes – Despite high potentials of Vietnam`s retail sector, some large retailers have to scale down their initially ambitious plan on expanding convenience store chains in the market due to fierce competition and limited retail premises. Family Mart, a big Japanese retailer, once said that it would open 1,000 shops by 2020 in Vietnam. However, […]
Read MoreThe Hanoitimes – The growth in Vietnam`s capital markets to US$200 billion in value from some US$35 billion five years ago, was a big draw for global investors, Jeffrey Perlman, Southeast Asia chief of Warburg Pincus told Reuters. Foreign investors, especially from Asia, continue to invest heavily in Vietnam’s real estate market through direct investment or […]
Read MoreThe Hanoitimes – The auction will take place after several delays as the shipping firm underwent a prolonged revamp. Vietnam National Shipping Lines (Vinalines) is scheduled to offer 20% stake or over 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August, according to the government portal. The […]
Read MoreVIETNAM is positioned to take advantage of the growing opportunities presented by the sharing economy, said Rebecca Bryant, Australian Embassy Charge D’Affaire. “With a well-educated and young population and almost 70% of people owning a smart-phone, Vietnam’s economy stands to benefit significantly from these developing technologies,” Bryant said. She said that one of the greatest […]
Read MoreThe Hanoitimes – There will be no difference in the required minimum amount of capital for airlines providing international and domestic air transport services, according to the Ministry of Transport (MoT). Under MoT’s new draft decree, instead of the previous limit of 30% of charter capital, foreign investors in the aviation sector can now own up […]
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