The Hanoitimes – The move would open up the company to further investments from foreign investors. Vietnam’s largest brewer Saigon Beer Alcohol Beverage Corp. (Sabeco) on November 12 announced that it has removed the limit on foreign ownership. On October 30, Sabeco’s board of directors adopted a resolution approving the unrestricted foreign ownership percentage in the […]
Read MoreThe Hanoitimes – The law, which features eight amendments to the Competition Law 2004, respects business rights and maintain state management at a reasonable level to ensure healthy competition. The revised Competition Law 2018, which will take effect from July 1 next year, is expected to create a fair, healthy and transparent business and economic environment. […]
Read MoreThe Hanoitimes – Mitsubishi considers Vietnam a very important market in Southeast Asia. Japan’s Mitsubishi Motors planned to expand beyond vehicle assembly in Vietnam and move to full-scale local production, including procuring parts from within the country, Nikkei Asian Review reported. The move came as the Japanese automaker commits to enhance its already considerable presence in Southeast Asia. […]
Read MoreThe Hanoitimes – With the high growth potential, coworking space is promising to bring tremendous utility not only for the users but also a ‘piece of cake’ which is attractive for both foreign and domestic investors. Major international coworking space players have entered Vietnam’s market, which has developed strongly over the past year driven by the […]
Read MoreThe Hanoitimes – Moody’s expects Vietnam’s real GDP growth to remain one of the strongest in ASEAN, at 6.7% in 2018 and 6.5% in 2019. Moody’s Investors Service has changed its 12-to-18-month outlook on the banking system in Vietnam (Ba3 stable) to stable from positive as the ongoing Sino-US trade friction may dampen the country’s trade […]
Read MoreThe Hanoitimes – Deposits at three major state-run banks stood at VND2,550 trillion (US$110.04 billion), accounting for 46% of total deposits at 28 banks, CafeF reported. Deposits at 28 banks operating in Vietnam as of September 2018 reached VND5,495 trillion (US$236.88 billion), up VND488 trillion (US$21.04 billion) or 9.76% compared to the beginning of the year. […]
Read More
Thailand
