Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.
The Vietnamese stock market lost steam by the end of October 22 due to the rising selling pressure.
The northern coastal province of Quang Ninh has caught the attention of many foreign investors after they made a field trip to the province in the framework of the recent International Real Estate Conference (IREC) 2018 held in Hanoi.
Deputy Prime Minister Trinh Dinh Dung received Governor of Japan’s Niigata prefecture Hideyo Hanazumi in Hanoi on October 18, noting that Vietnam attaches importance to locality-to-locality cooperation between the two countries.
A memorandum of understanding (MoU) was signed between the Vietnamese Government and the administration of Belgium’s Flemish region on October 17 as part of PM Nguyen Xuan Phuc’s visit to the European country, confirming the increasingly extensive cooperation between the two sides.
Politburo member and Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan hosted a reception in the city on October 16 for US Secretary of Defence James N.Mattis, assuring him that Vietnam always considers the US one of its important partners.
The Prime Minister has approved a master plan for Ha Long city of the northern coastal province of Quang Ninh to 2040 with a vision towards 2050, aiming to develop the city into a world-class tourism and service hub.
Vietnamese shares ended in the red on October 15 as widespread selling pressure hit many large-cap stocks on the day.
So far this year, authorities of the northern province of Bac Ninh have licensed 148 new investment projects worth 376.154 million USD.
Consumer finance companies have been cutting credit growth to focus more on tightening internal governance and selecting solvent customers to target a safer and healthier development.
Prime Minister Nguyen Xuan Phuc pledged to create the best possible conditions for foreign investors, including those from Indonesia, during his meetings with leaders of Ciputra Group and PT Nikko Sekuritas Indonesia in Bali, Indonesia, on October 12.
A conference promoting trade and investment in Ho Chi Minh City took place in Paris on October 8, attracting over 60 firms from France and abroad.
Prime Minister Nguyen Xuan Phuc has encouraged Japanese businesses to become strategic partners of Vietnam’s State-owned enterprises (SOEs), especially in industrial infrastructure construction.
Most investment funds in Vietnam’s equity market have recorded modest gains and were beaten by the growth of the benchmark VN-Index in the past three quarters.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has affirmed that Vietnam commits to supporting trade liberalization and open cooperation with all partners, including the UK, amidst the trend of peace, cooperation and globalization.
The Industrial Zones Authority of the southern province of Dong Nai has revoked licenses of more than 170 foreign direct investment (FDI) projects due to slow progress of implementation since the Foreign Investment Law came into effect in 1988.
Vietnamese Prime Minister Nguyen Xuan Phuc and leaders of other Greater Mekong Subregion (GMS) countries attended the Mekong-Japan Business Forum held in Tokyo on October 9 with the participation of about 600 enterprises from the GMS nations and Japan.
The central province of Nghe An has so far this year granted investment licences to 82 projects with a total registered capital of 7.58 trillion VND (325 million USD), representing decreases in both number of projects and registered capital.
