The boom in Vietnam’s mergers and acquisitions (M&A) market is expected to continue in 2015 and onwards as the government pushes the equitisation of State-owned enterprise.
Trade and investment relations between China and the Association of Southeast Asian Nations (ASEAN) have grown significantly, said Chinese Deputy Minister of Commerce Gao Yan on July 29.
An international conference was held in the central coastal province of
Khanh Hoa on July 16 to discuss measures to improve the Vietnamese sugar
industry’s competiveness competency as Vietnam and neighbouring
countries are speeding up the regional integration process.
Deputy Prime Minister Nguyen Xuan Phuc confirmed the Government has been
cautious in public debts management via stabilising the macro economy
and improving the investment environment.
An increasing interest in the Vietnamese market has been noticed among
Taiwanese investors, Director General Berton B.C. Chiu of the Department
of Investment Services under the Ministry of Economic Affairs, Taiwan
(China) said to Dau Tu (Investment Review).
The formation of the ASEAN Community will be a significant driver of
the economic integration process in Asia, Chinese Minister of Foreign
Affairs Wang Yi said on March 28.
Vietnamese businesses could face losses in the domestic market as the
country opens to the ASEAN member imports later this year in compliance
with the ASEAN Trade in Goods Agreement (ATIGA), according to experts.
Vietnam has become China’s second largest ASEAN trade partner in
2014, only after Malaysia, the China-ASEAN Business Council (CABC)’s
report revealed on January 30.
The export value of wood products is forecast to reach 7 billion USD
next year, said General Secretary of the Vietnam Timber and Forest
Products Association (Vifores) Nguyen Ton Quyen.
Italy’s financial news website Firstonline recently posted a story by
analyst Ciro Caliandro giving his valuations on Vietnam’s economy as
well as opportunities that Italian businesses can gain from their
investments in the country.
Vietnamese enterprises, especially small- and medium-sized companies,
have been repeatedly warned to prepare for both the challenges and
opportunities when the ASEAN Economic Community is established next
year.
Some German newspapers recently ran articles hailing Vietnam’s economic
achievements and growth prospect as well as the active role played by
the country in the Association of Southeast Asia Nations (ASEAN).
The 46th ASEAN Economic Ministers’ Meeting (AEM-46) kicked off on August
25 in the capital Nay Pyi Taw of Myanmar, which is ASEAN rotating
chair this year.
Manufacturing is truly the backbone of Vietnam’s economic growth, and
the challenge now to making the sector’s comeback a sustainable reality
comes down to developing the support industry, according to a commentary
published on the website of radio The Voice of Vietnam (VOV) on August
27.
During nearly three decades of renewal, Vietnam has seen strong progress
in its multilateral external relations, which has significantly
contributed to enhancing status and strength of the country.
Vietnam should undertake stronger economic restructuring measures,
targeting a more comprehensive and transparent effort, and allowing for
more effective allocation of resources, radio The Voice of Vietnam (VOV)
quoted Deputy Minister of Industry and Trade Tran Quoc Khanh as saying.
Vietnam spent nearly 500 USD million in the first half of 2014 to import
25,000 completely built units (CBU) cars, an increase of 44.4 percent
in volume and 53.9 percent in value year-on-year, according to the
General Statistics Office (GSO).
