The labor costs in China rose steadily, along with the territorial dispute between Beijing and Tokyo are the two factors that the Japanese business community wants to move their production to Vietnam instead of China. Mitsui OSK Lines, the largest shipping company in Japan has decided to invest 1.2 billion USD in the project to … Read more
Guardian Vietnam has opened its 49th retail store in Royal City (Thanh Xuan district, Hanoi), confirming the aggressive investment and development strategy of the Guardian brand in Vietnam. Guardian is the retail chain of health and beauty products, under Dairy Farm Group, one of Asia’s leading retailers on beauty and health stores, convenience stores, supermarkets … Read more
The total number of shares that foreign shareholders are holding at Vietjet Air accounting for more than 24% of charter capital. Recently, Vietnam’s Deputy Minister of Transport has signed a written approval for Vietjet’s 5 shareholders to transfer 66,506,870 shares, equivalent to 22.169% of the charter capital of 3,000 billion VND to 23 foreign investors. … Read more
Public investment in Vietnam is not just limited to the transportation infrastructure, electricity, renewable energy, water, health and environment, but also in areas such as education, training, vocational training, culture, sports, commercial infrastructure complex, science and technology, economic zones, industrial zones… Vietnam is in the development stage that needs significant investment in infrastructure. However, the … Read more
The website of Forbes has recently published the article of author Ed Fuller with the title “Vietnam is ready to become the next economic tiger of Asia.” Like South Korea, Taiwan and China, Vietnam is having many base advantages. According to the economic report till August of 2016, foreign direct investment (FDI) into Vietnam has … Read more