Japanese investors seek M&A partners in Vietnam Business

Japanese investors seek M&A partners in Vietnam

Major Japanese enterprises are looking to buy Vietnamese IT firms through merger and acquisition (M&A) deals to expand production and business in the Southeast Asian country, reported Dau tu (Investment) newspaper.
Foreign direct investment into Vietnam surges in July Business

Foreign direct investment into Vietnam surges in July

Vietnam attracted 3.15 billion USD in foreign direct investment (FDI) and capital for share purchases in July, representing a rise of 79.8 percent against the same period last year and 76.2 percent against June, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Indonesia’s productivity lower than ASEAN nations World

Indonesia’s productivity lower than ASEAN nations

A survey conducted by the Japan External Trade Organization (JETRO) has found that Indonesia’s productivity in the manufacturing industry is lower than that of its peers in other Southeast Asian countries.
Property companies look beyond banks for funds Business

Property companies look beyond banks for funds

Amid widespread expectations that the central bank will continue to pursue its tight credit policy, especially to risky areas like real estate, in 2019 property developers are looking at other sources for funds.
ASEAN likely to benefit from US-China trade war World

ASEAN likely to benefit from US-China trade war

A trade war waged by the US is likely to deliver a further blow to China’s economy in 2019, but the Association of Southeast Asian Nations (ASEAN) may benefit from the dispute between the world’s two biggest economies, according to Japan’s Kyodo News.
Business

TPP seen leading to drastic customs rule changes

Vietnam will have to make a lot of customs rule changes to harmonise with the rules to be set out in the Trans-Pacific Partnership (TPP) agreement over which the country is in negotiations with 11 other member countries in the Asia-Pacific. Report by Saigon Times.

Au Anh Tuan, Deputy Head of the Management and Oversight Division of the General Department of Customs, told a business-customs meeting in Ho Chi Minh City last week that when the country signed up for the TPP agreement, a slew of customs regulations will be revised.