Uni select investor relations

The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous ­confidence in Vietnam from large ­investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the ­acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam ­maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements

Vietnamese and Turkish officials take a photo together (Source: VNA) Hanoi (VNA) - Turkish Minister of Science, Industry and Technology Faruk Özlü has suggested Vietnam and his country enhance economic, trade and technology cooperation. Özlü made the suggestion during a recent meeting with Vietnamese Deputy Minister of Planning and Investment Nguyen Van Trung and deputy head of the National Assembly's Law Committee Hoang Thanh Tung, who were on a working visit to Turkey to learn about building free economic zones and concentrated industrial parks (IPs). The Turkish official spent time introducing his Vietnamese guests to Turkey’s mechanisms for managing more than 300 concentrated IPs, coordination among the state, localities and enterprises in the work, and preferential policies for domestic and foreign firms to invest in IPs. He said he joined Turkish Prime Minister Binali Yilidirim’s  official visit to Vietnam in 2017 and met … [Read more...] about Vietnam, Turkey urged to expand economic cooperation

Bangladeshi Prime Minister Sheikh Hasina (Source: The Hindu) Hanoi (VNA) - Bangladeshi Prime Minister Sheikh Hasina has granted an interview to the Vietnam News Agency (VNA) on Bangladesh-Vietnam relations and President Tran Dai Quang’s State visit to Bangladesh from March 4-6. The following is the full text of the interview. Question: 45 years since the establishment of diplomatic relations between Vietnam and Bangladesh, the two countries’ ties have strongly developed in various areas, may you share the biggest achievements that the two sides have made during this period?  Prime Minister Sheikh Hasina: The people of Bangladesh and Vietnam have similarity in their struggle for independence. Founding Father of the Nation of Bangladesh Bangabandhu Sheikh Mujibur Rahman and Founder of modern Vietnam Ho Chi Minh - both had struggled for long and endured immense sufferings to free their people from subjugation. There are similarities in social and cultural … [Read more...] about Bangladeshi PM: Vietnamese President’s visit lifts bilateral ties to new height

Investment U.S. firms help HCMC resolve urban issues: AmCham The Saigon Times Daily Saturday,  Dec 14, 2019,17:06 (GMT+7) U.S. firms help HCMC resolve urban issues: AmChamThe Saigon Times Daily Le Thanh Liem, Vice Chairman of HCMC, speaks at a meeting with representatives of the American Chamber of Commerce in Vietnam on December 13 – PHOTO: VNA HCMC – The U.S. business community will help HCMC tackle pressing urban issues, especially transport infrastructure and waste treatment, to bolster the city’s economic growth, according to Amanda Rasmussen, chairwoman of the American Chamber of Commerce in Vietnam. Rasmussen was in talks with the city’s vice chairman, Le Thanh Liem, while meeting on December 13, reported the Vietnam News Agency. Cooperation between Vietnam and the United States has made significant progress since normalizing relations. Over the past 25 years, their leaders and people have … [Read more...] about U.S. firms help HCMC resolve urban issues: AmCham

Property Land ownership for foreigners in Vietnam By Dang Hung Vo Sunday,  Dec 15, 2019,09:00 (GMT+7) Land ownership for foreigners in VietnamBy Dang Hung Vo Foreigners in Vietnam can buy houses, including apartments and houses attached with land. Their homeownership right is valid for 50 years, and can be extended for another 50 years if needed – PHOTO: THANH HOA The policy on allowing foreigners to own houses associated with land in Vietnam has been studied and considered very carefully. In 2003, the author of this article, in the capacity as a leader of the Ministry of Natural Resources and Environment, attended a meeting at the top decision-making level to consider the issue of this policy attached to the 2005 Housing Law. The conclusion of the meeting was that at that time, it was impossible to allow foreign individuals and organizations to own houses associated with land under any form in Vietnam. In view of … [Read more...] about Land ownership for foreigners in Vietnam