News

CP Foods will invest more than US$200 million to create an export hub for its poultry and pork business, which is equal to more than 25% of the total invested by Thai companies between 2015 and 2017.

Both Platinum Victory and F&N Dairy Investment are in a race to increase their respective holdings at Vinamilk.

The company, nonetheless, remains interested in operating a low-cost airline in Vietnam due to its favorable geographical location, expanding aviation market and overall growth potential.

Thanks to Vietnam’s favorable business environment, Home Credit has decided to expand its investments in the country, said its executive chairman.

Marubeni’s strong business growth in Vietnam is an evidence of the comprehensive and substantial Vietnam – Japan relations.

With a par value of VND10,000 (US$0.43), the total value of the share amount in subject is VND14.18 trillion (US$611.64 million).

The global investment firm proposed mobilizing capital for the project under the form of sale-and-leaseback, VietnamFinance reported.

The agreements were signed in the frame of Dutch Prime Minister Mark Rutte`s visit to Vietnam this week.

Asia Group and other US companies want to know more about Vietnam’s investment environment and policies, as well as the country’s development strategy.

Compal Group expects exports from its current assembly plant in Vietnam in 2019 is US$500 million.

Solar power could be considered an important instrument for Vietnam to fulfill the sustainable development goals.

The plant, the first of its kind in Vietnam, targets to develop a 1-million-ton ethylene cracker with a flexible gas and naphtha feed, creating an olefin capacity of 1.6 million tons per year.

UAE is one of Vietnam’s top partners in investment, trade and labor export in the Middle East.

The joint venture factory aims to produce lithium-ion battery packs for VinFast’s electric scooters and electric cars.

Rapid economic growth and urbanization have increased demand for Ho Chi Minh City’s healthcare services, with more than 30 million outpatient visits and treatments in 2018, accounting for a quarter of the total number of visits nationwide.

Vietnam is Canada’s largest trading partner in ASEAN, while the latter is Vietnam’s 14th largest investor with 174 projects worth US$5 billion.

The group is keen to grow in Vietnam, which is one of the fastest growing economies in the world.

More than half of foreign invested firms (53.1%) reported profits in 2018, while 36.7% suffered losses, roughly equivalent to levels recorded for 2017.

Spain took the lead among the 18 countries and territories where investors from Vietnam were active in the first quarter of 2019, accounting for 30% of the total.

UAE has high demand for foreign workers and seeks cooperation in taking Vietnamese people to work in UAE, especially in the fields of tourism and hospitality, the governmental portal reported.