The Hanoitimes – Foreign firms have been increasing investment in Vietnam’s textile and garment industry to enjoy free trade agreements and low labor costs. According to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang, more than 2,000 foreign businesses from 16 countries and territories worldwide have invested some US$15.75 billion in Vietnam’s […]
Read MoreThe Hanoitimes – The auction attracted 37 investors registering to purchase 83.57 million shares of Bach Dang Construction Corporation, four times the amount of shares put on sale by the Ministry of Construction, announced the Hanoi Stock Exchange (HNX). Three investors registered to acquire 13.73 million shares, accounting for 16.4% of the total shares on offer, […]
Read MoreThe Hanoitimes – Platinum Victory has completed the purchase of 8.35 million shares in Vietnam Diary Products Company, known as Vinamilk, announced the fund. The shares purchased was part of the 14.51 million units Platinum Victory had registered to buy in from May 9 to June 7. However, due to the unfavorable conditions of the market, […]
Read MoreThe Hanoitimes – Vietnam`s vision of attaining high-income country status by 2035 means a move to a more sophisticated economy and export products necessary to sustain accelerated growth, said the World Bank`s latest report titled Taking Stock. Trade costs and competitiveness as reform priorities Vietnam reached the highest trade-to-GDP ratio in the developing world at 190% […]
Read MoreThe Hanoitimes – Hanoi must keep following the international development trend, to catch up with the new technology and science to avoid making Hanoi`s investment environment obsolete. This was announced by Indonesian Ambassador to Vietnam Ibnu Hadi, in an interview granted to Hanoitimes, during “Hanoi 2018 – Cooperation, Investment and Development” conference on June 17 at the […]
Read MoreThe Hanoitimes – Foreign logistics firms have flocked to Vietnam’s logistics industry strongly through merger and acquisition (M&A) deals in a move to cash in on market opportunities. Warburg Pincus, the New York-based private equity firm that’s been betting on the growth of the Asian logistics sector, has recently formed a US$200 million joint venture to enter […]
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