Industrial property market booms, demand spurs investment

Last update 08:00 | 24/09/2017
VietNamNet Bridge – By the end of November 2016, Vietnam had 324 IZs, including 220 operating with an occupancy rate of 51 percent, according to MPI’s (Ministry of Planning & Investment) IZ Management Board Department.


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Sembcorp Development, a 100 percent foreign owned company belonging to Singaporean Sembcorp Industries, is a ‘veteran’ in Vietnam.

Through the Vietnam Singapore Industrial Park JV Co. Ltd (VSIP), a joint venture of Sembcorp Development, Becamex IDC and other partners, the Singaporean investor has poured money into many IZ projects with the VSIP brand. Tiếp tục đọc “Industrial property market booms, demand spurs investment”

Legal barriers hinder businesses from entering foreign bourses

Last update 08:00 | 19/07/2017
VietNamNet Bridge – To fulfill the dream of listing shares on foreign bourses, businesses have to overcome many barriers.

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news,  VAS, Vinamilk, VNG

In October 2008, Vinamilk, the nation’s leading dairy producer, received a letter of approval from the Singapore Stock Exchange (SGX-ST) to list 8,763,784 Vinamilk shares on the bourse. However, the listing plan was canceled.

Analysts commented that Vinamilk could not fulfill the listing plan because of vague regulations on the issue. Tiếp tục đọc “Legal barriers hinder businesses from entering foreign bourses”

Foreign capital flows to Vietnam’s pharmacy sector

Last update 08:00 | 23/09/2017
VietNamNet Bridge – Attracting foreign capital will allow Vietnamese pharmacy firms improve their competitiveness and develop the national pharmacy industry. However, analysts warn that the market may fall into foreign hands.


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A survey conducted by Grant Thornton earlier this year found that the healthcare & pharmacy market is among the three business fields most attractive to foreign investors. The other two are food & beverages and retail.

Foreign investors have been increasing their presence in Vietnam by buying stake in Vietnamese pharmacy firms. Tiếp tục đọc “Foreign capital flows to Vietnam’s pharmacy sector”

Binh Thuan to build swimming pools for schools under BOT mode

VietNamNet Bridge – The BOT (build-operate-transfer) mode could be the solution for schools with tight budgets to build swimming pools to teach children how to swim. 


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The Ministry of Education and Training (MOET) has shown its determination to teach swimming to students as many drowning cases are reported every year. However, the biggest problem is the lack of pools, and  money to build pools.

The Binh Thuan provincial education department seems to have found the solution to this problem by calling for private investment. Nguyen Van Linh School in Binh Thuan province, for example, has borrowed money from the Binh Thuan Books and School Equipment Company. Tiếp tục đọc “Binh Thuan to build swimming pools for schools under BOT mode”

Vietnam Rubber Group stripped of Forest Stewardship Council certification for forest destruction, illegal land grabs and human rights abuses

globalwitness – Press release / Oct. 26, 2015 

Rubber giant Vietnam Rubber Group (VRG) has been expelled from the world’s leading forest certification body, the Forest Stewardship Council (FSC), following an investigation into illegal land and forest clearance in Cambodia. Responding to a complaint submitted by Global Witness last November, the FSC found that the state-owned company had illegally destroyed at least 50,000 hectares of forest for its rubber plantations in Cambodia alone, including wildlife sanctuaries and protected areas.

“The FSC investigation provides further evidence that VRG has destroyed some of South East Asia’s most important remaining forests, with indigenous communities forcibly displaced in the process, and is forcibly taking land from its rightful owners and destroying livelihoods – with untold and irreversible effects,” said Patrick Alley, a Founding Director of Global Witness. “The FSC has done the right thing by dropping them from its certification scheme. Now VRG needs to urgently take action to address the damage it has caused.” Tiếp tục đọc “Vietnam Rubber Group stripped of Forest Stewardship Council certification for forest destruction, illegal land grabs and human rights abuses”

Commentary: Beware the seducing calls of Vietnam’s start-up sirens

channelnewsasia

Vietnam’s start-up scene, especially in Ho Chi Minh, has received much interest. Anh-Minh Do discusses if it lives up to its hype.

 
Some have said that the growing penetration rates of smart phones in Vietnam is providing a wealth of opportunities for mobile marketers and internet-based start-ups. (Photo: Do Khuong Duy)

SINGAPORE: Vietnam’s start-up ecosystem lately has received considerable accolades and interest from international media over recent years, from commentary lauding its technology talent, the BBC asking whether Vietnam is the next Silicon Valley or Al Jazeera’s feature on a rising start-up ecosystem. Tiếp tục đọc “Commentary: Beware the seducing calls of Vietnam’s start-up sirens”

Mùa sim chín trên cao nguyên Kon Plông

Phóng sự của Hoàng Thiên Nga

Từ giữa tháng tám, tiếng cười giòn tan bắt đầu lan tỏa từ những dãy đồi chập chùng ngan ngát gió thơm về tận thôn làng của đồng bào các dân tộc Xê đăng, Mơ Nâm, Ka Dong, Hre phía Đông Bắc Tây Nguyên. Những gùi sim tím rười rượi không chỉ ngọt môi sơn nữ, mà còn khiến bếp lửa mỗi nhà thêm ấm áp, tươi vui.  

Y Trông lên đồi sau nhà hái sim

Tiếp tục đọc “Mùa sim chín trên cao nguyên Kon Plông”

Slow ODA disbursement challenges Ho Chi Minh City metro project

Motro Metro

Despite ODA loans provided by Japan, the construction of Saigon’s first metro line is still delayed by sluggish disbursement

By Tuoi Tre News

September 14, 2017, 16:09 GMT+7

​Slow ODA disbursement challenges Ho Chi Minh City metro project
A section of Metro Line No.1 in Binh Thanh District, Ho Chi Minh City. Photo: Tuoi Tre
More delays are expected for the construction of Ho Chi Minh City’s first metro line due to the insufficient provision of capital.Le Nguyen Minh Quang, head of the city’s Management Authority for Urban Railways, told Tuoi Tre (Youth) newspaper that the city’s Metro Line No.1 project continues to face mounting challenges related to investment. Tiếp tục đọc “Slow ODA disbursement challenges Ho Chi Minh City metro project”

Police widen probe of alleged graft linked to PetroVietnam

Fox Business

Vietnamese police have widened their investigation into alleged graft and mismanagement connected with the state-owned oil and gas giant PetroVietnam that caused $69 million in losses.

Three PetroVietnam subsidiaries are being investigated for alleged abuse of power in appropriating $5.3 million, the Ministry of Public Security said in a statement late Wednesday. Tiếp tục đọc “Police widen probe of alleged graft linked to PetroVietnam”

$15 million China – Việt Nam bridge opens to traffic

vietnamnews

Update: September, 14/2017 – 03:00

The Bắc Luân II Bridge is expected to promote China- Việt Nam economic co-operation. – VNS Photo: nhandan.com.vn

Viet Nam News QUẢNG NINH – The opening of the Bắc Luân II Bridge is a promising China – Việt Nam economic co-operation, according to Nguyễn Đức Long, Chairman of Quảng Ninh Province People’s Committee.

Deputy Prime Minister Trương Hòa Bình and Chinese ambassador to Việt Nam Hong Xiaoyong attended the bridge’s opening ceremony in Móng Cái City yesterday. Tiếp tục đọc “$15 million China – Việt Nam bridge opens to traffic”

Việt Nam-China freight route opens to traffic

vietnamnews

Update: September, 11/2017 – 17:00

Long vehicles run on the new freight route connecting Việt Nam and China on Monday. — VNA/VNS Photo Thái Thuần

Viet Nam News LẠNG SƠN — Deputy Prime Minister Trương Hòa Bình announced on Monday the opening of a freight route connecting Việt Nam and China.

The route passes through the Hữu Nghị (Friendship) International Border Gate in the northern province of Lạng Sơn. Tiếp tục đọc “Việt Nam-China freight route opens to traffic”

Logistics: Out to the world

Last update 15:07 | 10/09/2017

Despite being in its early stages of development, Vietnam’s logistics sector remains on the radar of foreign investors thanks to the country’s skilled workforce, relatively low costs, and rapid e-commerce development. 

Samsung signed an agreement to cooperate with the Minh Phuong Logistics Corporation, one of Vietnam’s leading logistics companies, in July, according to South Korean media, and this was not the first time it has announced an investment in Vietnam’s logistic market.

Broad appeal

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Samsung said in a statement that it had closed a deal with Minh Phuong to establish a joint enterprise. This is the fourth time Samsung SDS has launched a joint enterprise in order to establish itself in an overseas market, and is the second time in Vietnam. Tiếp tục đọc “Logistics: Out to the world”

Infrastructure to aid Mekong development

Vietnamnews

Update: September, 09/2017 – 09:00

Cổ Chiên Bridge between Bến Tre and Trà Vinh provinces in the Mekong Delta was built in 2015. — VNS File Photo

HCM CITY — Construction of two bridges linking Cao Lãnh City and Lấp Vò District in Đồng Tháp Province and Đồng Tháp with Cần Thơ, which are under way, will be a big boost to transportation and connectivity in the Mekong Delta.

But locals can look forward to further development of the transport infrastructure in the near future. Tiếp tục đọc “Infrastructure to aid Mekong development”

Local firms fail miserably with information disclosure

vietnamnet

Update: September, 09/2017 – 10:20

Only about 17 per cent of listed companies comply with information disclosure regulations, lower than the figure in 2016, according to the Vietnam Association of Financial Executives (VAFE).— Photo tapchitaichinh.vn

HÀ NỘI — Only about 17 per cent of listed companies comply with information disclosure regulations, lower than the figure in 2016, according to the Vietnam Association of Financial Executives (VAFE).

The figure was reported by VAFE in its latest survey on companies that are listed on both the HCM City and Hà Nội stock exchanges over their compliance of information disclosure regulations.
Tiếp tục đọc “Local firms fail miserably with information disclosure”