HANOI: Vietnam’s economy grew at its slowest pace in three years in the first quarter, government data showed on Wednesday, as production was weak in agriculture, mining and manufacturing. The General Statistics Office (GSO) said annual growth in January-March was 5.1%. That was the slowest expansion for any quarter since the first three months of […]
Read MoreNearly 26,500 enterprises were created in the first quarter of this year with a total registered capital of over VND270 trillion (US$11.8 billion), according to preliminary data reported yesterday in Hanoi by the Ministry of Planning and Investment’s Enterprises Development Department. The number of newly-established firms rose 11.4 per cent and 45.8 per cent […]
Read MoreHANOI — Vietnam will create favourable conditions for investors, including Singapore’s CapitaLand Group, to operate successfully in Vietnam, Prime Minister Nguyen Xuan Phuc told President and CEO of CapitaLand Lim Ming Yan during a reception in Hanoi yesterday. The Vietnamese leader voiced his appreciation for CapitaLand’s investment in building new urban developments in Vietnam, and […]
Read MoreHo Chi Minh City and Laos’ Vientiane capital city need to flesh out measures to boost their relations in trade, investment, culture and tourism, said Secretary of the HCM City Party Committee Dinh La Thang at a reception for visiting Vientiane Governor Sinlavong Khoutphaythoune on March 27. It’s time for HCM City and Vientiane to […]
Read MoreHANOI — Raising deposit interest rates may affect the real estate market, a press conference organised by Commercial Real Estate Services (CBRE) Vietnam in Hanoi on Monday heard. CBRE Vietnam managing director Marc Townsend said many commercial banks in Vietnam have raised long-term deposit interest rates by 1-2 percentage points to up to 9.2 per […]
Read MoreVietnamese state-owned dairy giant Vinamilk intends to spend almost $11 million to buy its Cambodian partner’s entire stake in Angkor Dairy Products Co Ltd, better known as Angkormilk, according to Vietnamese media. The deal – which would increase Vinamilk’s investment capital in Angkormilk from 10.2 million to $21 million by purchasing BPC’s 49 percent stake […]
Read More
Thailand
