Big sleep 1978

Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems.  Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest.  Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014.  The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

Regarding investment, with strategic location, stable macro-economy, better living quality and dynamic labour forces, Vietnam has attracted the attention of the world’s major firms, especially US companies with big names like IBM, Qualcomm and Coca-Cola, among others.  … [Read more...] about Vietnam-US friendship thrives after a quarter of a century

Politburo member, Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh made the statement in his article entitled ‘The hallmarks of foreign affairs in 35 years of đổi mới (reform): To accompany the nation, serve the Fatherland and serve the people'. … [Read more...] about Looking back at Vietnam’s external affairs over the past 35 years

However, experts point out that Vietnam is still in an early stage of developing industrial real estate in connection with supply chains, warehouses and transport. Therefore, it is necessary to develop more detailed strategies to support investors who want to join the real estate segment. … [Read more...] about American corporations relocate to Vietnam as costs rise in other locations