Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
Recently, Vingroup has announced plan of issuing shares through private placement, aiming to raise at least VND25 trillion (US$1.1 billion).
In 2017, analysts at Union Gaming Securities Asia estimated the gross gaming revenue of the Vietnam’s casino marketing at as much as US$1.2 billion.
The move came shortly after Hoa Phat announced its business plan for 2019, in which the group’s after-tax profit target was revised down by 22% year-on-year to VND6.7 trillion (US$288.74 million).
US enterprises are interested in Vietnam’s policies and initiatives towards developing a digital economy and the innovative startups.
The complementarity between Vietnam and Russian markets would facilitate more investments and trade between the two countries.
As the US – Vietnam relationship is growing strongly, the increasing presence of US companies in Vietnam shows their confidence in the country, VnExpress reported.
By offloading ScaleLab, Yeah1 is losing an opportunity to expand its presence in the global market, as ScaleLab’s full roster of 1,750 influencers encompasses over 400 million YouTube subscribers, and garners 3 billion views per month.
Acecook expected cup noodles to account for 9% of overall sales in Vietnam in 2022, up four percentage points from 2017.
Vietnam would give priority to the energy sector, especially renewable energy; manufacturing and processing; supporting industries relating to the production of computers, phones, automobile and oil refinery, among others, which Air Liquide has advantage of.
The project will improve the road connectivity between the Noi Bai-Lao Cai Expressway and northwestern provinces of Vietnam, enhancing economic opportunities for some of the poorest people in the project area.
The reason behind such positive sentiment was the high percentage of Japanese firms in Vietnam reporting a profit, reaching 65.3%, up 0.2 percentage point year-on-year.
Key Tronic would invest in manufacturing facility worth US$70 million to produce 100 million car lights for export, while Universal Alloy Corporation Asia Pte (UAC Group) a US$170 million factory manufacturing aircraft components and parts.
Vietnam’s food delivery market is valued at US$33 million and is forecast to reach US$38 million in 2020.
Profit generated from the group’s previous projects in Vietnam would be utilized for the race-track complex project.
The facility is expected to cover an area of 20 – 30 hectares for computer parts production, which would later be exported to the US worth US$3 billion.
At the current market price of VND93,000 (US$4.03) apiece, Taisho may spend about VND86 billion ($3.7 million) to buy the share amount in subject.
As stated by Vietnam Securities Depository (VSD), VOF Investment Limited, a wholly-owned subsidiary of VinaCapital, has transferred 3.05 million FPT shares to Australia’s Macquarie Bank and 500,000 to Florida Retirement System.
For a share price of VND128,500 (US$5.52) apiece, the company’s valuation is set at VND217.8 trillion (US$9.4 billion).
State-run Vietnam Bank for Agriculture and Rural Development (Agribank) and Vietnam Posts and Telecommunications Group (VNPT) have been essential in the government’s initiatives for sustainable development.
The Hanoi-based hi-tech park expects to attract quality projects creating high spill-over effects to the city and surrounding provinces.