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Archive for June, 2014

Work begins on huge FDI projects

Work begins on huge FDI projects

Jun. 30 | The Manpower Group, for example, started recruiting manpower for the $9 billion petrochemical project in Nghi Son in Thanh Hoa province on June 26. The first workers hired will begin work in February 2015. The investors are hurrying to start the petrochemical...

Quang Ninh hosts foreign investment forum

Quang Ninh hosts foreign investment forum

Jun. 30 | Provincial authorities revealed at the conference that over 130 delegations of foreign investors, including conglomerates like Las Vegas Sands, Texthong and Amata groups, have conducted recent fact-finding tours of Quang Ninh seeking cooperation opportunities. Economic...

Ocean Hospitality cited among top 50 most effective businesses

Ocean Hospitality cited among top 50 most effective businesses

Jun. 30 | Ocean Hospitality-OCH has been listed in the top 50 most effective businesses in Vietnam, according to the results of an annual survey by Nhip Cau Dau Tu magazine in coordination with Thien Viet Securities Company. The Company was one of the top performers...

European business confidence continues rising

European business confidence continues rising

Jun. 19 | Business confidence and outlook among European businesses in Vietnam have continued to increase this quarter, according to EuroCham Business Climate Index survey. The survey, conducted by the European Chamber of Commerce in Vietnam (EuroCham), shows that...

Thieu Lychee: one of the best fruits in Vietnam

Thieu Lychee: one of the best fruits in Vietnam

Jun. 19 | Representatives of the country’s two largest Thieu lychee-growing provinces, Bac Giang and Hai Duong, together with people from ministries and localities, have discussed ways to further boost the consumption of the fruit in the southern region. In...

Banking Supervision Agency to be upgraded

Banking Supervision Agency to be upgraded

Jun. 19 | The Banking Supervision Agency under the central bank has been upgraded to a general department, with more duties and rights as of August 1, according to a newly issued decision. Currently, the agency is operating as a central bank’s department....

Top 50 businesses in Vietnam named

Top 50 businesses in Vietnam named

Jun. 19 | Among them were 23 companies who made the list for three consecutive years, including Vietnam Dairy Products JSC, Binh Minh Plastics JSC, Hau Giang Pharmaceutical JSC and Vinacafe Bien Hoa JSC. Le Nhi Nang, chief representative of the State Securities...

China has no influence on Vietnam’s financial markets: Central bank

China has no influence on Vietnam’s financial markets: Central bank

Jun. 17 | China has no significant influence on the Vietnamese finance market, and the dong/dollar exchange rate will remain stable, an official of the State Bank of Vietnam (SBV) has said. “Chinese banks in Vietnam are very small banks compared with Vietnamese...

Challenges to Vietnam’s FDI attraction

Challenges to Vietnam’s FDI attraction

Jun. 17 | The government is committed to augmenting the country’s attractiveness as a safe and hospitable investment destination with developed infrastructure facilities and a young talented workforce. Ironing out snags to raise competitive edge As of May 2014,...

Canon Vietnam supports VND4.8 bil to Vietnamese students

Canon Vietnam supports VND4.8 bil to Vietnamese students

Jun. 17 | Representatives from the HCM Communist Youth Union and Canon Vietnam signed a cooperative project to grant 240 scholarships worth VND4.8 billion from 2014-2020 to Vietnamese students who overcome difficulties to achieve good academic results. Under the...