28
10-2020
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Finnish fund investing in Vietnam’s property market

PYN Elite Fund (Non-UCITS), managed by Finnish PYN Fund Management Ltd, has been actively buying shares in many real estate companies in Vietnam with an eye to the future. Hoang Quan Consulting-Trading-Service Real Estate Corp (HQC) told HCM Stock Exchange on October 15 that the fund had bought six million shares in the company on […]
28
10-2020
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Gov’t decides some sectors off limits for State enterprises

The Government’s decision to prohibit State-owned enterprises (SOEs) from investing in certain areas has been hailed by economists. A recent decree bans, with effect from December 1, SOEs from investing in property, banking and finance, insurance, and stocks unless they are in those industries or are expressly permitted by the Government. — VNA/VNS Photo Trang […]
28
10-2020
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Australian media: TPP to boost Vietnam-Australia business ties

The Australian Associated Press (APP) news agency on October 17 reported that business ties between Australia and Vietnam are expected to grow further after the Trans-Pacific Partnership (TPP) agreement comes into effect, quoting remarks of many analysts and diplomats. An assembly plant in Australia (Source: heraldsun.com.au) Hanoi-based World Bank economist Sandeep Mahajan said the TPP […]
28
10-2020
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Consumers admire responsible brands

Vietnamese consumers are the most socially conscious in Southeast Asia, according to the 2015 Nielsen Global Corporate Sustainability Report released last week. Consumers in Southeast Asia are the most willing globally to pay more for sustainable products and services, surpassing other regions around the world, including Middle East/Africa, Latin America, Europe and North America, the […]
28
10-2020
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HCMC may have to cut down 150-year-old trees in central park for metro line

Authorities in Ho Chi Minh City say they will have to allocate a large area in Tao Dan Park for the second metro line, which will connect its central districts with the fast growing western suburbs. A file photo of Tao Dan Park in Ho Chi Minh City. At least 33 big trees in the […]
28
10-2020
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EU investments to Vietnam start to recover

Foreign direct investment (FDI) from the European Union (EU) to Vietnam is recovering this year after a downtrend since 2011, according to a report from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). Workers of Scavi Hue Garment Company, a French wholly invested company, sew the products for export. (Source: VNA) A report […]