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The company’s registered capital is higher than that of Vietnam’s largest mobile carrier Viettel.

FDI commitments in the January – February period totaled US$6.47 billion, down 23.6% year-on-year.

In five years, Vietnam’s contribution to total revenue of Central Retail, a subsidiary of Central Group, is predicted to rise from the current 17% to 25%.

In the next five years, Vietnam's contribution will rise to 25% from the current 17% to revenue of Central Retail, said the company’s CEO.

At a price of VND 48,000 (US$2.07) per share, Masan valued the company at US$46 million and price to earnings (P/E) multiple of 13x.

It is unclear whether the GIC-led consortium has fully withdrawn from VCM or transferred its stake to other investors.

Van Don district is seen as a gateway to international trade and capable of competing with other cities globally in terms of investment-friendliness or tourism.

Despite a decline, the rate for Vietnam is the highest in Southeast Asia and the third highest in Asia and Oceania, according to the JETRO survey.

Nearly half of German companies thought measures taken by the Vietnamese government to restrict the virus are timely and represent their interests.

A draft decree on ODA is expected to address pending issues and obstacles existed in the current regulations.

The merging would create a stronger firm capable of rivaling regional players such as Lazada and Shopee in Vietnam’s retail market.

The new coronavirus should be considered as a “black swan” event, which has major impacts on short-term but is unlikely to change a full economic cycle.

Disbursement of foreign direct investment (FDI) projects in Vietnam totaled US$1.6 billion in January, representing an increase of 3.2% year-on-year.

Vietnam emerged as top beneficiary from manufacturing diversifying production away from China, as the latter has lost its competitive edge five years ago.

The move would allow MB Bank to transfer 21.43 million in treasury shares to foreign investors.

The move is intended for Iranian businessmen and traders to become acquainted with the business potential of Vietnam and having more vigorous presence in this market.

Taipei-listed Pegatron joins Apple’s two other iPhone assemblers -- Wistron Corp. and Hon Hai Precision Industry Co. -- in developing manufacturing facilities or building extra capacity in Vietnam.

After the transactions, the International Finance Corporation (IFC) and IFC Capitalization Fund now hold 185.8 million shares, or a 4.99% stake.

The Vietnamese government would continue to promote and ensure the long-term development of the foreign-invested sector, allowing it to compete fair and square with other economic sectors.

Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.