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Vietnam ministry to finalize investment law on basis of PPP

The Hanoitimes – The Ministry of Planning and Investment (MPI) proposed to set an investment capital threshold for PPP projects at VND200 billion (US$8.56 million). The Ministry of Planning and Investment (MPI) is under the process of drafting up the investment law on the basis of public-private partnership (PPP), the governmental portal reported. In Vietnam, the […]

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Bottlenecks limiting Vietnam’s economy growth from OECD perspective

The Hanoitimes – The OECD noted that the country should focus on improving labor productivity to ensure national economic prosperity. The Organization for Economic Co-operation and Development (OECD) has analyzed some problems that limit Vietnam’s economic development, and proposed solutions to help Vietnam in building a socio-economic strategy from 2021 to 2030. Analyzing the main confine […]

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SK Group invests $1b in Vietnam’s Vingroup

SK Group is investing $1 billion in Vietnam’s largest privately owned group, the Vingroup Joint Stock Company, adding momentum to its business expansion in the Southeast Asian country, company officials said on Thursday. South Korea’s third-largest conglomerate signed a deal in Hanoi to acquire 6.1 per cent of the Vietnamese group’s shares at $1 billion, […]

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Vietnam leverages foreign investors in SOE privatization

The Hanoitimes – Vietnam expects to speed up the privatization process which has been at slow pace over the past years. The State Bank of Vietnam has issued new regulations to further facilitate foreign investors in taking part in the privatization and divestment of State-owned enterprises (SOEs) in the country. Under Circular 03/2019/TT-NHNN regulating the use […]

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Vietnam, Laos seek to boost connection between businesses

NDO – A cooperation agreement was inked between the Vietnam Business Association for Cooperation and Investment in Laos (Viet-Lao BACI) and the Young Entrepreneurs Association of Laos (YEAL) in Vientiane on May 14. Among attendants were Vietnamese Ambassador to Laos Nguyen Ba Hung, Deputy Secretary of the Lao People’s Revolutionary Youth Union (LPRYU) Central Committee […]

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