The Hanoitimes – Hundreds of real estate projects can revive through the merger and acquisition (M&A) if non-performing loans (NPLs) can be settled, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association. Some 60-70 percent of the total VND300 trillion (US$13.21 billion) NPLs, or over VND220 trillion (nearly $10 billion) […]
Read MoreThe Hanoitimes – Foreign providers of packaging and equipment are increasingly keen on the Vietnamese market as the industry is expected to grow at a minimum of 10 percent on average in the coming years, experts said. BT Tee, general manager of SES Vietnam Exhibition Services (UBM VES), said that demand for food packaging will continue […]
Read MoreThe Hanoitimes – Vietnam is one of the world’s most attractive markets for retail investment, ranking sixth in the Global Retail Development Index (GRDI) of A.T. Kearney in 2017. Many foreign retailers have flocked to the market in the past few years. It was estimated that foreign investors opened more than 100 new convenience stores in […]
Read MoreThe Hanoitimes – The Government recently required ministries and agencies to rapidly scrutinize and revise decrees under their authority to further simplify cumbersome procedures and unnecessary business conditions hindered the business development. Accordingly, scrutiny results must be reported to the Prime Minister before April 30 this year so that the Government can consider and approve the […]
Read MoreThe Hanoitimes – Foreign firms invested US$3.5 million in 514 agricultural projects until February 2018, accounting for only some 1 percent of the sector’s total investment capital, reports from the Ministry of Planning and Investment (MPI) showed. According to the ministry, the foreign direct investment (FDI) capital to the agricultural sector represented only 0.5 percent and […]
Read MoreThe Hanoitimes – Vietnamese plastics industry is increasingly attractive to foreign investors as the potential of the industry remains large, experts said. According to the Vietcombank Securities Company, the average plastic consumption in Vietnam is currently 41kg/person/year, lower than the Asian region’s average of 48kg/person/year and the global average of 70kg/person/year. BMI Research also reported that […]
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