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Vietnam authority requests further investigation into Grab’s Uber acquisition

The Hanoitimes – After a thorough review of related documents, the Vietnam Competition Council said it has found new details regarding the controversial acquisition in subject, and required further investigation to clarify possible violation of competition laws committed in the case. The Vietnam Competition Council (VCC), which is in charge of handling the case of ride-hailing […]

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Laos-Vietnam trade over $1 bln in 2018

VIENTIANE (Xinhua) – The combined trade value of imports and exports between Laos and Vietnam rose and crossed the $1 billion mark in 2018. According to daily Vientiane Times on Friday, in 2018, Laos earned about $723.5 million from goods exported to Vietnam and spent $552.2 million on imported goods, according to the Ministry of Industry and […]

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Vietnam to see USD2.4B in tra fish exports this year

HANOI (Viet Nam News/ANN) – The Vietnam Association of Seafood Exporters and Producers (VASEP) has predicted the export value of tra fish will reach USD2.4 billion this year, up from USD2.3 billion last year. According to economic experts, this number is feasible because the US-China trade is impacting many economies, including Vietnam, but has had a positive […]

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Law overlaps hamper Vietnam’s investment attraction

The Hanoitimes – Many cities and provinces have faced difficulties in conducting investment procedures, particularly for projects using local land, due to the inconsistency and contradictions among the prevailing regulations. Provisions in some laws should be unified to remove barriers for cities and provinces in luring investment as the overlaps and contradictions of the laws have […]

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Myanmar: Vietnamese firm makes steel products in Thilawa

With Myanmar rapidly opening up to development, steel is becoming increasingly important to various industries in the country. Steel structures can be seen springing up across Yangon. As such, a Vietnamese steel importer is operating a manufacturing unit in Myanmar. Despite being one of the essential materials for construction, Myanmar relies heavily on imports rather […]

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