Investment

With Petrolimex share price of VND50,400 (US$2,17) apiece at the close on August 25, Eneos is set to fork out at least VND650 billion (US$28 million) to complete the deal.

The Vietnamese finance ministry expected an easing in conditions for casino projects would attract more investors in the field.

The majority of firms are looking to invest in technologies and employee’s skill development during the Covid-19 pandemic.

State firms that have completed the privatization process are expected to float shares on local bourses and create space for more foreign investors to invest in the local stock market.

The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues.

Covid-19 has navigated the restructure in the global supply chains and initiated new opportunities for the partnership, and Vietnam and India are no exception.

The establishment of this venture in the midst of the Covid-19 pandemic is testament to Vietnam’s exciting growth story, stated the firm’s senior executive.

The escalating tension between the US and China is diverting Japanese investment to Southeast Asia, with Vietnam being one of the favorite destinations.

The current designed capacity of the airport does not meet the annual growing volume of air passengers.

VinaCapital led a consortium to obtain a significant minority stake along with a board seat in the Thu Cuc hospital chain.

A low-cost labor force, stable political environment and one of the world’s fastest growing economies have been appealing features making Vietnam an attractive investment destination.

Once completed, the high-speed railway would help reduce travel time from Hanoi to Ho Chi Minh City to around five hours and 20 minutes.

Vietnam and Japan would discuss the reopening of commercial flights between the two countries.

The move is expected to help the South Korean tech giant stay competitive.

The company hopes to turn Vietnam in general and Van Phong in particular into an important LNG hub of Southeast Asia.

The Ken Bau well is set to be put into operation by 2028.

South Korean firms operating in Vietnam are the best example of the strong Vietnam – South Korea relations, according to the Vietnamese prime minister.

The project for the development of night economy in Vietnam has just been approved by the prime minister.

FDI commitments in the January – July period totaled US$18.82 billion, down 6.9% year-on-year.