Hanoi — Vietnam’s industry is developing too slowly and is still reliant on many foreign-invested enterprises, says Nguyen Van Binh, head of the Party Central Committee’s Commission of Economic Affairs. He was speaking at a conference held in Hanoi late last week on national industrial development policies until 2025 with a vision to 2035. Between […]
Read MoreMobile World Group (MWG) will launch its first store called BigPhone.com in Cambodia in the first quarter of this year, according to Viet Nam News. The store is under construction, general director of MWG Tran Kinh Doanch was quoted as telling the English daily. “Once operation, the store will employ mostly local people,” he said. […]
Read MoreCoca-Cola Co is planning to invest an additional $285 million in Vietnam, state media reported, quoting the company’s general director for the country. The beverage maker’s decision highlights its interest in the Vietnam market and may put pressure on its competitors. With this investment, Coca-Cola’s total investment in the country will reach $1 billion. Coca-Cola […]
Read MoreSET-listed Home Product Center Plc (HMPRO) is considering expanding to neighbouring countries with a total investment budget of 6-7 billion baht, says Rakpong Aroonwatdhana, HomePro’s head of investor relations. The new investment will come from two sources, 2-3 billion baht from its own cash flow of and the rest will come from loans. HomePro operates […]
Read MoreSET-listed industrial conglomerate Siam Cement Group (SCG) has paid 5.46 billion baht for a 100% stake in a Vietnamese cement producer. President and chief executive Roongrote Rangsiyopash said the acquisition was done via SCG Cement-Building Materials Co Ltd, a wholly-owned subsidiary of SCG. It paid 5.46 billion baht to acquire all shares in Vietnam Construction […]
Read MoreSome major brands in Vietnam had to stop advertising on the world’s largest online video site, YouTube, when these brands’ advertisements were linked to clips containing poor content. According to information from the Authority of Broadcasting and Electronic Information under the Ministry of Information and Communications, the authority received official dispatches from Vietnam Airlines, Mead […]
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