The Hanoitimes – Vietnamese conglomerate Vingroup announces its stepping in pharmaceutical industry with the launch of its own brand Vinfa. As announced in Vingroup’s website on Sunday, the firm will establish a pharmaceutical research and production center worth VND2,200 billion (US$97.9 million) in Bac Ninh province. Covering an area of nearly 10hectares, the project’s first phase is […]
Read MoreThe Hanoitimes – Out of 370 business conditions under the Ministry of Finance (MoF) management responsibility, half of this number is proposed to abolish and simplify. Specifically, the MoF suggested to abolish 99 requirements and simplifying the other 89, equivalent to 50.8% of the total business conditions, informed the agency during a meeting with the government […]
Read MoreThe Hanoitimes – Grab stressed the combined market share in Vietnam after the acquisition of Uber`s South-east Asia business is less than 30%. “As a result, Grab understands that related parties do not have to inform the Vietnam Competition Authority before completing the transaction in Vietnam,” Grab announced on April 5. However, the ride-hailing firm was […]
Read MoreTo be able to get into neighboring countries is the main purpose in order to expand business of Thai enterprises. Vietnam is one of top potential destinations for Thai investors. A seminar on “Key update on Vietnam achievements. How business can tap on opportunities” was held by Bangkok Bank and VSIP on 3 April 2018. […]
Read MoreThe Hanoitimes – Vietnam shipped more than 1 billion pairs of shoes last year, helping the country maintain the position as the second biggest footwear exporter in the world. According to statistics of the World Footwear Magazine, of 27 billion pairs of shoes exported worldwide last year, 1.02 billion pairs were from Vietnam, equivalent to 7.4 […]
Read MoreNDO/VNA – Prime Minister Nguyen Xuan Phuc hosted a reception for Lao Minister of Energy and Mine Khammany Inthirath in Hanoi on April 4 before he left for the third Mekong River Commission (MRC) Summit in Cambodia. The Vietnamese Government leader lauded the Lao official’s visit, which is taking place right after the 40th meeting […]
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