State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment. The total investment capital transferred abroad reached $3.8 billion and the profit $270 million. … [Read more...] about How are SOEs’ outward investment projects performing?
Investing sp 500
A signing ceremoney of an agreement on oil and gas cooperation between Vietnam National Oil and Gas Group (Petro Vietnam) and Brunei National Petroleum Company (Petroleum Brunei), November 27, 2012 at Istanal Palace Nurul Iman, during a state visit to Brunei of State President Truong Tan Sang (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development
However, companies need to qualify three-year profitability requirements to file for an IPO in Vietnam. This makes Tiki and other startups ineligible for listing on the Vietnamese stock market given that they have been wilfully suffering mounting losses to scale up presence. … [Read more...] about Southeast Asian companies to accelerate IPO plans
Lim Hua Tiong, CEO of Frasers Property Vietnam, told VIR that thanks to the country’s strong and relatively stable economic fundamentals, the country’s real estate market is growing healthily and remains attractive to investors, especially to those from abroad. “Real estate has always been ranked within the top two sectors in terms of registered foreign direct investment (FDI). Also, there are more and more reputable developers joining the property market and setting Vietnam as their major region to develop,” Tiong said. … [Read more...] about Singaporean imprint in the Vietnamese property market
'Zeng' was one among the handicraft specialties promoted in the recent showcase event 'Tinh Hoa Hue' (The Essence of Hue) — an effort to raise awareness on cultural heritage and eco-friendly lifestyle by Nguyen Thi Ngoc Tram and Dang Thi Thu Huong, founders of the sustainable consumer initiative Eco Green Hub. … [Read more...] about Vietnam women shake up consumer patterns with ‘green’ business