SCG is developing a firmer foothold in Vietnam with the recent resumption of its Long Son Petrochemicals complex, first licensed in 2008. The SCG-backed Long Son Petrochemicals Complex marks a new era in the Thai firm’s local … [Read more...] about In its 25th year of local investment, SCG goes in big
Southeast Asia
Real estate remains 2nd largest FDI lurer
Despite having fallen to the fourth position in terms of foreign direct investment in the first eight months of 2017, the real estate sector remains the second-biggest recipient of this type of investment to date. Though realty is fourth in FDI for eight months, it … [Read more...] about Real estate remains 2nd largest FDI lurer
Australia underlines Vietnam’s considerable strides
Australian Minister for International Development and the Pacific Concetta Fierravanti-Wells addressing the event. Photo: Vietnam+ The Doi moi has turned it into an emerging country in Southeast Asia, she affirmed at the celebrations held by the Vietnamese Embassy on September 1. She also emphasized the … [Read more...] about Australia underlines Vietnam’s considerable strides
Vingroup to manufacture “Made in Vietnam” automobiles
Vingroup today organised the ground-breaking ceremony of its electric automobile and motorbike manufacturing complex named Vinfast, representing a total investment capital of VND35 trillion ($1.5 billion), marking the group’s first step to becoming Southeast Asia’s “Made in Vietnam” automobile brand, according to … [Read more...] about Vingroup to manufacture “Made in Vietnam” automobiles
Work starts on first Vietnamese automobile manufacturing complex
At the ceremony. Photo: qdnd.vn Invested by Vinfast manufacturing and trade Ltd company - an affiliate of real estate developer Vingroup, the complex is expected to roll out a five-seater sedan model, a seven-seater sport utility vehicle model, and electric motorbike meeting European standards during the first stage. … [Read more...] about Work starts on first Vietnamese automobile manufacturing complex
Vietnam seals deal with Chile for visa-free travel
Vietnam’s prime minister has signed a mutual visa exemption deal with Chile allowing people from both countries to visit the other for up to ninety days without the tiresome paperwork. Visitors are not permitted to use their trips for money-making purposes and will need to have at least six months left on their passports, Vietnam News Agency reported on … [Read more...] about Vietnam seals deal with Chile for visa-free travel
Despite strains, Vietnam and China forge closer economic ties
Tensions are high on the East Sea, the Vietnamese reference for the South China Sea, as Hanoi faces off against Beijing over their overlapping maritime claims. But for the boatmen on the junks cruising the calm expanse of Vietnam's Ha Long Bay, another growing Chinese presence in the region is very welcome indeed. "More than half our tourists are Chinese now," … [Read more...] about Despite strains, Vietnam and China forge closer economic ties
HCM City workshop discusses digital economy
Vo Tan Thanh, vice president of the Vietnam Chamber of Commerce and Industry (Source: VNA) HCM City (VNS/VNA) - Potential benefits and challenges for the digital economy and new-age regulations for new-age businesses were discussed at a workshop in Ho Chi Minh City on August 30. Pradeep S Mehta, secretary general … [Read more...] about HCM City workshop discusses digital economy
Standing witness to Vietnam’s rise
On the occasion of Vietnam’s National Day on September 2, VIR gets an insight into foreign CEOs’ thoughts and feeling about the country’s vitality and development, and why Vietnam has become their home away from home. Vietnam has come far in the last … [Read more...] about Standing witness to Vietnam’s rise
Ha Tinh marks 55th anniversary of Vietnam-Laos diplomatic relations
Overview of the event (Source: baohatinh) Ha Tinh (VNA) – A ceremony was held in the central province of Ha Tinh on August 30 to mark the 55th anniversary of Vietnam-Laos diplomatic relations and the 40 years of the Vietnam-Laos Treaty of Amity and Cooperation. Addressing the event, Secretary of the Ha Tinh … [Read more...] about Ha Tinh marks 55th anniversary of Vietnam-Laos diplomatic relations