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Recent years has seen several Indian firms with billions of dollars in turnover decide to make long-term investments or surveys in an effort to prepare investments or expand their current business dealings in the country, including Adani Group. Their intention to get involved in the local renewable energy sector was first presented by the CEO of Adani Group during his working trip to Vietnam in 2018 in a meeting held with Prime Minister Nguyen Xuan Phuc. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

In response to the appeal of the Party General Secretary and President, Directives of the Politburo, the Party Central Committee’ Secretariat, the Prime Minister, and decrees of the Government on carrying out the dual tasks of fighting COVID-19 pandemic and boosting socio-economic development, Hanoi has put the outbreak under control, supported business and investment activities, and ensured social welfare for the public, Hue said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12

Vietjet targets a pre-tax profit of VND100 billion ($4.3 million) for 2020, a drop of 98 percent from last year, due to coronavirus impacts. The airline has also lowered its revenue target for the year by 29 percent to VND36 trillion ($1.54 billion), it said in a statement. … [Read more...] about Vietjet CEO an Asian economy transformer: Business Insider

Lazada in mid-April began providing fresh food with fast delivery (within two hours). Tiki in May introduced TikiNGON, the fresh food service with delivery within three hours. The competition in general goods distribution has become fierce. Lazada in mid-April began providing fresh food with fast delivery (within two hours). Tiki in May introduced TikiNGON, the fresh food service with delivery within three hours. The competition in general goods distribution has become fierce. … [Read more...] about Online shopping sees record growth, ranked 3rd in region

Quang Ninh (VNA) - Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors. According to experts, Quang Ninh is considered a strategic investment destination in Vietnam’s northern region and an important link in the Hanoi - Hai Phong - Quang Ninh northern economic growth triangle. The province possesses major advantages, with Van Don district to become a multi-sectoral marine economic zone and an entertainment centre, with a casino, high-end sea-island tourism, and general services. The province has planned to develop eleven IPs and four EZs that together span over 368,000 ha, accounting for more than 30 percent of Quang Ninh’s total natural area. Six of the 11 IPs have already been issued investment registration certificates and have infrastructure invested in and leased. Investors have so far poured about 27.35 … [Read more...] about Industrial parks, economic zones create new growth momentum in Quang Ninh