Investment

In addition to Indonesia and Malaysia, Grab will look more at Vietnam because it sees “increased deal flow on potential opportunities there,” said Grab Ventures’ executive.

The move would lift the ambitions of a nation already well on its way to becoming a powerhouse maker of smartphones and other high-end gadgets.

The program aims to seek business initiatives for Vietnam`s sustainable growth.

FDI commitments in the January – July period totaled US$20.2 billion, down 13.45% year-on-year.

Less than 200 megawatts of offshore wind has been installed in Vietnam, despite the huge unexploited wind power potential in the country.

An expert forecast the M&A figure could reach US$6.7 billion in 2019, down 11.84% year-on-year.

The move aims to meet the significant liquefied natural gas (LNG) demand growth forecast for Vietnam.

In general, Vietnam reaped no rewards from the trade war and is facing obstacles in shipments to several markets.

Vietstar Airlines would be the first airline getting AOC for business jets in Vietnam, as the airline is expected to provide VIP service for individuals, groups, local and foreign businesses.

Unless Vietnam has measures in place to prevent low quality FDI projects, investors using outdated technologies in their projects would cause negative impacts on the country’s economy, said experts.

Following the sale, the state ownership in BIDV would reduce from the current 95.28% to over 80% of the bank’s charter capital.

The agreement’s new rules of origin will make it easier to trade products tariff-free when they include inputs from other countries the EU has trade agreements with.

VAFI estimated that around 80 percent of existing business lines with foreign ownership caps should be removed.

The Chinese government has implemented policies to spur nighttime economy, including directly subsidizing the service and business activities from 8.pm to 6.am the following morning.

For large scale projects, Vietnam could offer superior and highly competitive incentives, while encouraging a greater linkage between domestic and foreign companies.

The US$24.5-million plant is expected to commence production of polyvinyl chloride (PVC) gloves production mid-2020, with an estimated capacity of four billion gloves a year.

The new fund aims to capture leading large and mid-cap Vietnam-based companies that represent 85% of market capitalization in Vietnam.

This will mark the first production of the wireless earbuds outside China.

The Vietnamese operations will be run through a joint venture with Ho Chi Minh City-based Lotus Food Group.

The date for the complete withdrawal of the Ten Ren bubble tea brand in Vietnam is August 15, marking an end of the Taiwanese bubble tea in Vietnam after two years.