apparel groups begin fine tuning goals

Apparel groups begin fine-tuning goals

Players in the garment and textile sector are crafting prudent business targets with radical measures to weather current stormy times spanning from late last year.
surmounting pandemic challenges through leader employee unity

Surmounting pandemic challenges through leader-employee unity

“Leader engagement in turbulent times is important to spread positive energy to all employees, helping the company to overcome all difficulties,” said Tran Uyen Phuong, deputy CEO of Tan Hiep Phat Group, a leading beverage group in Vietnam, at a recent event themed on energy management during the stormy time.
high tech success resting on investment

High-tech success resting on investment

Vietnam is a fertile ground for high-tech development, for both domestic and international tech companies. The population is young, well-educated, and digitally-literate. Smartphone and internet penetration rates, for instance, outperform many other countries around the region and the wider world.
an phat holdings pursuing community growth and active diplomacy

An Phat Holdings pursuing community growth and active diplomacy

Since its establishment in 2017, An Phat Holdings has been collaborating with Hai Duong province’s management authority to effectively promote diplomatic relations and has become the first choice to represent the local business community in welcoming foreign delegations to the province like the high-level delegation from North Korea or the Governor of Nebraska (US).
an phat holdings offers vnd10 billion support to hai duongs covid 19 fight

An Phat Holdings offers VND10 billion support to Hai Duong’s COVID-19 fight

Today, at the headquarters of the Vietnam Fatherland Front Committee of Hai Duong province, the representative of the Board of Directors of An Phat Holdings directly handed over VND10 billion ($434,780) in cash to the representatives of Hai Duong province to support COVID-19 prevention efforts in the province.
rubber companies set glum business targets

Rubber companies set glum business targets

Rubber prices are at a record low since October 2016, fetching only $1.57 per kilogramme. In this context, rubber companies are setting cautious business targets.
confectionery firms compete for 176 billion market

Confectionery firms compete for $1.76-billion market

Business Monitor International (BMI) forecasts $1.76 billion in revenue for the Vietnamese confectionery industry in 2018. To take control of this market, firms have set out grand strategies for the Lunar New Year. 
foreign funds rushing year end stock transactions

Foreign funds rushing year-end stock transactions

Over the past few months, foreign funds have been ceaselessly selling a hefty volume of stocks worth up to $100 million during the year-end season of stock market launches, whilst actively seeking investment opportunities in the country.
406 soes under divestment exciting opportunities for investors

406 SOEs under divestment: exciting opportunities for investors

The government has just announced the list of 406 state-owned enterprises (SOEs) to be divested in the 2017-2020 period, drawing heavy attention from investors. The list includes many big names, such as Vietnam Engine and Agricultural Machinery Corporation (VEAM), Airports Corporation of Vietnam (ACV), Vietnam Airlines, PVOil, and PVTex, promising interesting market prospects ahead.
removing foreign ownership limit to accelerate ma

Removing foreign ownership limit to accelerate M&A

In order to attract foreign investors to become strategic shareholders, a series of Vietnamese enterprises plan to increase their foreign ownership limit (FOL), some are even considering removing it altogether, promising a breakthrough in M&A activities in 2017.
cpa australia celebrates new members and fellows in vietnam

CPA Australia celebrates new members and fellows in Vietnam

CPA Australia held its annual certificate presentation ceremony for new members and fellows in Vietnam on October 25 in Hanoi and 27 in Ho Chi Minh City.
foreign distributors face hurdles

Foreign distributors face hurdles

On January 1, 2009, the restrictions on foreign investment in retail distribution were lifted pursuant to Viet Nam's commitments to the World Trade Organization. In reality, however, there remain a number of obstacles to foreigners seeking to invest in this sector.
cement plans speed bumps

Cement plan’s speed bumps

Building concrete cement roading proposal in Vietnam is facing a bumpy pathway.
pm pham minh chinh pays working visit to hai duong province

PM Pham Minh Chinh pays working visit to Hai Duong province

Prime Minister Pham Minh Chinh paid a working visit to northern Hai Duong province on March 15, during which he toured of economic and social facilities, such as Ford Vietnam Co.Ltd and local social protection centre, and attended a ceremony to recognise the province’s fulfillment of the new rural development task.