Thailand to initiate tourism promotions amid nCoV outbreak World

Thailand to initiate tourism promotions amid nCoV outbreak

Thailand’s Deputy Prime Minister Somkid Jatusripitak has ordered the Ministry of Finance to introduce domestic tourism promotion measures and ensure funding for infrastructure investment projects amid concerns that the novel coronavirus (nCoV) and the delay in the fiscal year 2020 budget bill have had negative impacts on the economy.
Vietnam’s FDI inflow up in ten months Business

Vietnam’s FDI inflow up in ten months

The Foreign Investment Agency reported that total newly-registered and adjusted capital, and shares purchased by foreign investors reached 29.11 billion USD in the first ten months of this year.
Europe firms may purchase 49 percent in local banks Business

Europe firms may purchase 49 percent in local banks

The Vietnamese Government may allow European financial firms to buy up to 49 percent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on October 23.
HCM City lures 1.28 billion USD in FDI in Q1 Business

HCM City lures 1.28 billion USD in FDI in Q1

Ho Chi Minh City reeled in 1.28 billion USD in foreign direct investment (FDI) in the January-March period, 3.8 times higher than that the same period of 2017, via newly-licensed and added investments and share purchase.
Shares rebound as investors bargain-hunt Business

Shares rebound as investors bargain-hunt

Vietnamese shares posted a strong comeback on February 7 as investors were calmed by market regulators and bottom-fishing was triggered for worst-hit companies during the previous two-day collapse. ​
Becamex IDC to hold Vietnam’s 2nd-biggest IPO Business

Becamex IDC to hold Vietnam’s 2nd-biggest IPO

The Investment and Industrial Development Corporation (Becamex IDC) will float over 311.2 million shares, equivalent to 23.63 percent of its charter capital, in its initial public offering (IPO) on De
VN-Index dips just below 750 points Business

VN-Index dips just below 750 points

The benchmark VN-Index inched down 0.05 percent and closed June 9’s trade at 749.72, just below the new nine-year high of 750 points recorded on June 6.
Flow of FDI to HCM City up 56.7 percent Business

Flow of FDI to HCM City up 56.7 percent

Ho Chi Minh City attracted 574.71 million USD in FDI in the first quarter of 2017, a year-on-year increase of 56.7 percent, according to the municipal Department of Planning and Investment.
 Sovico, BSR in investment talks Business

Sovico, BSR in investment talks

Investment firm Sovico Holdings is in talks with the Binh Son Refining and Petrochemical Company (BSR Co Ltd) on exploiting opportunities arising out of the latter’s equitisation process.
TPP poses challenges for drug firms Business

TPP poses challenges for drug firms

Local pharmaceutical companies should improve their competitive advantage before Vietnam signs the Trans-Pacific Partnership (TPP) Agreement in order to avoid losing their regional market share.