southern ports struggle in internecine battle

Southern ports struggle in internecine battle

Terminal operators in the Cai Mep -Thi Vai port complex in southern Ba Ria -Vung Tau province continue struggling to survive in the face of the declining demand and growing competition from neighbouring Ho Chi Minh City based terminals.
bosch secures coveted hi tech recognition

Bosch secures coveted hi-tech recognition

Bosch last week announced that it had received an in-principle recognition as a high-technology company from the prime minister, overcoming the last obstacle to continue expanding its investments to 230 million euros by 2015 in Vietnam.
state pledges to not take the eye off the ball

State pledges to not take the eye off the ball

While Vietnam intends to improve the quality of foreign direct investment, the country should pay more attention to post-licencing monitoring.
quang nam resort still slowed by negotiations

Quang Nam resort still slowed by negotiations

The development of VinaCapital’s $4 billion integrated resort in central Quang Nam province remains delayed as negotiations continue with a prospective partner to replace Genting Malaysia Berhad.
sumitomo plant delayed by contract hitch

Sumitomo plant delayed by contract hitch

Tokyo-headquartered Sumitomo Corporation, which four years ago announced plans to build a giant power plant in Vietnam, will still wait for more time to finalise the build-operate-transfer contract to push its project forward.
japanese investors look on bright side

Japanese investors look on bright side

More than two-thirds of Japanese firms operating in Vietnam plan to expand investment in the country over the next two years.
kkr invests additional 200 million into masan consumer

KKR invests additional $200 million into Masan Consumer

Kohlberg Kravis Roberts, a leading global investment firm, will invest additional $200 million in Vietnam’s Masan Consumer Corporation, a member of Masan Group, to increase its equity stake in this company.
cisco unveils global integrated marketing campaign

Cisco unveils global integrated marketing campaign

Cisco has just unveiled global integrated marketing campaign to expand business globally amid the growth of internet users.
vinacomin gets 300 million loan for building tan rai project

Vinacomin gets $300 million loan for building Tan Rai project

Vietnam National Coal and Mineral Industries Holding Corporation Limited, better known as Vinacomin, last week received $300 million loan from a group of foreign banks for constructing the country’s first bauxite and alumina project.
novo nordisk opens new office in ho chi minh city

Novo Nordisk opens new office in Ho Chi Minh City.

Denmark-based healthcare company Novo Nordisk decided to open a new office in Ho Chi Minh City, a step to further expand its business in Vietnam.
eurocham survey shows new low in confidence

EuroCham survey shows new low in confidence

European companies that do business in Vietnam are becoming more pessimistic, with a new European Chamber of Commerce (EuroCham) survey showing confidence falling to a record low in the fourth quarter amid concerns over inflation and the impact of increased taxes, fines and official scrutiny.