Vietnam - a magnet for M&A deals Business

Vietnam - a magnet for M&A deals

Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
Vietnamese firms urged to transform in digital age Business

Vietnamese firms urged to transform in digital age

The internet and smartphones are having a profound impact on consumers in many areas and offering manufacturers and retailers the opportunity to promote their products while also bringing challenges in understanding new shopping trends and identifying effective methods of communication, a seminar heard in Ho Chi Minh City on July 18.
Renowned automobile brands to join Vietnam Motor Show 2019 Business

Renowned automobile brands to join Vietnam Motor Show 2019

The Vietnam Motor Show 2019 (VMS 2019), to be held at the Saigon Exhibition and Convention Centre from October 23-27, will be a chance for local consumers to see latest models from many renowned automobile brands and breakthrough technologies in the industry.
Promotions help boost auto sales in May Business

Promotions help boost auto sales in May

Vietnamese automobile manufacturers and distributors had a banner month in May as the sales of car experienced a strong monthly growth of 30 percent following a line-up of promotions and discount programmes.
Vietnam AutoExpo 2019 kicks off in Hanoi Business

Vietnam AutoExpo 2019 kicks off in Hanoi

The 16th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2019) kicked off at the National Convention Centre in Hanoi on June 12.
Ba Ria – Vung Tau lures capital from Japan Business

Ba Ria – Vung Tau lures capital from Japan

The southern province of Ba Ria – Vung Tau is working to draw more investment from Japan as it defined the country as one of its future strategic investors, said the provincial Department of Planning and Investment.
Foreign investment in banking sector to surge Business

Foreign investment in banking sector to surge

The improved business performance of Vietnamese banks and a Government regulation to require local banks to meet stricter capital regulations as part of Basel II standards is spelling the start of a wave of foreign investment into the country’s finance and banking sector in 2019, experts said.
Auto imports in January 46 times higher than last year Business

Auto imports in January 46 times higher than last year

Vietnam imported nearly 11,700 cars worth more than 273 million USD in the first month of 2019, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Vietnam Customs.