ninh thuan welcomes 58 million faux fur fabric project

Ninh Thuan welcomes $5.8 million faux fur fabric project

A consortium of South Korea's Daewon Co., Ltd., Japan's MN-Interfashion Ltd, and US' Pairavi Enterprises V1 LLC was granted an investment registration certificate on October 15th to construct Ninh Thuan Faux Fur Fabric Manufacturing Plant.
logistics infrastructure can enjoy a bright future

Logistics infrastructure can enjoy a bright future

Vietnam’s logistics industry needs to address bottlenecks such as congestion, delays, and high costs to create a breakthrough. Tran Thanh Hai, deputy director of the Agency of Foreign Trade under the Ministry of Industry and Trade, spoke with VIR’s Hai Yen about the keys to reducing logistics costs.
opportunities for businesses in 5g

Opportunities for businesses in 5G

In the context of 5G commercialisation, businesses have the opportunity to expand and optimise their processes. Ngo Thanh Hai and Nguyen Van Anh, lawyers at LNT & Partners, discuss how these enterprises can help enhance growth efficiency.
potential fie impacts through law on pharmacy adjustments

Potential FIE impacts through Law on Pharmacy adjustments

The newest amendment draft of the Law on Pharmacy (LoP), proposing changes to 44 out of 116 articles from the current law, has been published for feedback and is expected to be adopted soon.
hcm city partners german firms in vocational training labour export

HCM City partners German firms in vocational training, labour export

Le Van Thinh, Director of Ho Chi Minh City's Department of Labour, Invalids and Social Affairs, and Tran Thanh Hai, Principal of Vien Dong College, have signed a commitment with several German enterprises to increase skilled young labourers for the college and to train young talents in line with German standards for the labour market in both countries.
sbv to increase gold bar supply to stabilise domestic market

SBV to increase gold bar supply to stabilise domestic market

The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.
vietnam races to stay competitive with new gmt

Vietnam races to stay competitive with new GMT

The international community is speeding towards the implementation of a global minimum tax, and Vietnam is no exception. With countries around the world revamping their tax systems, Vietnam must also navigate this new landscape in order to stay competitive and draw in new foreign investment.
the trends and driving factors in otc and etc drugs

The trends and driving factors in OTC and ETC drugs

In Vietnam, the primary channels for medicine distribution are over-the-counter (OTC) and prescribed drugs. According to Vietnam Credit’s recent report on the country’s pharmaceutical industry, prescribed drugs channels constitute 70 per cent of the medicine market, and OTC channels constituting the remainder.
vietnam eyes foreign investment boost for banking sector

Vietnam eyes foreign investment boost for banking sector

At the meeting conference between the prime minister and foreign investors on October 17, Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam (SBV), gave a warm welcome to foreign investors as they stood ready to address the challenges faced by underperforming Vietnamese banks.
benefits of modest fdi weighed up

Benefits of modest FDI weighed up

Attracting smaller foreign projects may be the path to take for Vietnam as a worldwide minimum corporate tax rate kicks in, affecting the plans of major corporations.
bringing the fresh air to healthcare

Bringing the fresh air to healthcare

The amended Law on Medical Examination and Treatment to come into effect from early 2024 is expected to have a significant impact on how related establishments conduct their day-to-day business. Ngo Thanh Hai, lawyer at LNT & Partners, analyses the notable changes and market impact.
the state of play in healthcare mas

The state of play in healthcare M&As

Merger and acquisition moves are one of the more effective measures for foreign investors entering the Vietnamese medical and pharmaceutical industry, utilising available factories and inexpensive labour. Ngo Thanh Hai, Nguyen Dieu Quynh, and Le Anh Thu from LNT & Partners offers an overview of the factors and barriers involved when it comes to dealmaking in pharma.
textile enterprises face difficulties in 2023

Textile enterprises face difficulties in 2023

The economic downturn and high inflation in many major export markets exerts difficulties on Vietnam’s textile exporters for 2023.
hiking deposit interest rates helps ensure capital mobilisation for economy

Hiking deposit interest rates helps ensure capital mobilisation for economy

Increasing deposit interest rates is in line with the general trend, ensuring liquidity safety and capital mobilisation for the economy, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said.
hanoi facilitates investment from republic of korea

Hanoi facilitates investment from Republic of Korea

Chairman of Hanoi People’s Committee Tran Sy Thanh has pledged to create all possible conditions for foreign firms, including those from the Republic of Korea, to invest in the city.