MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) has acquired a 49 percent stake in Tuan Loc Water Resources Investment Joint Stock Co. (TLW) for roughly P2 billion. The transaction allows MPIC, through subsidiary MetroPac Water Investments Corp., to “expand into Vietnamese industrial water concessions.” TLW is one of the largest water companies in Vietnam, […]
Read MoreThe Hanoitimes – The Vietnam Manufacturing Purchasing Managers` Index (PMI) stood at 51.6 in March, down from 53.5 in February, showing a moderation in upward momentum, Nikkei Asian Review assess in its latest report. The reading signaled a modest improvement in the health of the sector, and one that was the weakest since November last year. […]
Read MoreSix countries pledged to enact $66 billion worth of projects over the next five years at the Greater Mekong Subregion (GMS) Summit in Hanoi on Saturday, with Cambodia-specific projects scheduled to receive the least amount of funding of any participant. Representatives from the six GMS countries – Cambodia, Laos, Thailand, Vietnam, China and Myanmar – […]
Read MoreHanoi (VNA) – The Prime Ministers of Cambodia, Laos and Vietnam (CLV) have reaffirmed their commitment to further deepening comprehensive cooperation among the three countries and building integrated, sustainable and prosperous CLV economies, an indispensable part of the ASEAN Community Vision 2025. The three PMs signed a Joint Declaration on the CLV Development Triangle Area cooperation […]
Read MoreThe Hanoitimes – A global trade war, if broke out, will affect negatively on the world’s economic and trade growth rate, and Vietnam is not an exception, experts said. Under the war, Vietnam will likely find it hard to achieve growth targets as the country has integrated deeply into the global economy. According to Tran Toan […]
Read MoreMALAYSIAN Global Innovation & Creativity Centre (MaGIC) has signed a strategic partnership with Saigon Innovation Hub (SIHUB) to drive collaboration between Malaysian and Vietnamese startups as well as provide a platform for them to expand their initiatives into both countries. MaGIC and SIHUB will collaborate in the latter’s Runway to the World (R2TW) programme, a […]
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