Dong Nai attracts over 226 million USD in FDI on first days of 2021
The southern province of Dong Nai secured 11 foreign direct investment (FDI) projects worth more than 226 million USD in the first half of January, the highest recorded in the same time in the past five years, according to the provincial management board of industrial parks.
Vietnam mobile wallet MoMo raises about $100 million, aims for IPO
HANOI — Vietnam’s biggest e-wallet company, MoMo has raised at least $100 million from six global investors, including Warburg Pincus, as part of plans to become a “super-app” and go public by 2025, the company and a source said on Wednesday. Financial technology, an attractive investment area in
Vietnamese rice leaves strong imprints in 2020
Exporting rice through My Thoi Port in Long Xuyen City, An Giang Province. NDO – With export turnover of US$3.07 billion in 2020, rice has become a bright spot in Vietnam’s agro-forestry and fishery exports. This is also an impressive achievement of the rice industry for many years, especially
Plastic producers complain about rising container hire charges
Plastic producers are complaining about the sharp rise in container hire charges which are affecting their export activities. A meeting about rental prices for empty containers For the past three months, the rental prices for empty containers have increased from less than USD1,000 to USD10,000 for
Vietnam to cut 2021 renewable energy output
Vietnam plans to reduce its renewable energy output by 1.3 billion kilowatt hours (kWh) this year, with transmission capacity unable to handle the supply.
Bac Ninh province always creates favourable conditions for Korean firms: Official
The authorities of northern Bac Ninh province always create favourable conditions for, and work to promptly remove difficulties facing foreign businesses, including those from the Republic of Korea (RoK), to effectively operate in the locality, Secretary of the provincial Party Committee Dao Hong
Vietnam to export 1,600 tonnes of rice at high price to Singapore, Malaysia
Trung An High-Tech Agriculture Joint Stock Company will export 1,600 tonnes of high-value fragrant rice to Singapore and Malaysia, the Ministry of Agriculture and Rural Development announced on January 13.
Brewery merger to go ahead
Anheuser-Busch InBev and SAB Beer announced their merger in Vietnam on January 12 following the approval of the Ministry of Industry and Trade.
Stocks extend rally
HCMC - The emergence of Thu Duc City will set new borders for the appraisal and assessment of commercial markets, according to Alex Crane, managing director of Cushman & Wakefield Vietnam.
SSI Research estimates the fourth quarter of 2020 profit of 27 enterprises
SSI Securities Research Center (SSI Research) announced profit estimates of 32 businesses, of which 22 will have fourth quarter profit growth over the same period last year and 10 units decrease. Companies expected to increase profits include ACB, VietinBank, Digiworld, FPT, Gemadept, Hoa Phat,
An Giang has new solar power
The Sao Mai-An Giang solar power plant, invested by the Sao Mai Group in the southern province of An Giang, has been completed and expects to generate nearly 400 million kWh of electricity to the national grid each year, the group announced on January 12.