Construction materials company

Sectors such as steel, retail and information technology would also grow faster than the market average, thanks to surging the results of some top firms like steel producer Hoa Phat, electronics chain Mobile World and leading tech firm FPT, it added. … [Read more...] about Analysts’ forecasts mixed for listed firms’ profit growth

Hanoi (VNA) – Enterprises from Vietnam and Japan exchanged views on Vietnam’s business climate for foreign investors during a Vietnam – Japan economic dialogue in Hanoi on March 12. The event was co-held by the Vietnam Chamber of Commerce and Industry and the Japan–Mekong Business Cooperation Committee at the Japan Chamber of Commerce and Industry (JCCI) on the occasion of a visit by some 50 leaders of Japanese firms operating in the fields of trade, machine building, automobile, banking, construction, food processing, aviation, home appliances and consultancy. The attendees focused their discussion on issues such as Vietnam’s current credit and land policies and regulations, or development potential in tourism and transportation. In his opening remarks, VCCI Vice Chairman Hoang Quang Phong lauded the economic cooperation between Vietnam and Japan, saying the two-way trade has been growing steadily over recent years. In 2017, Japan was Vietnam’s … [Read more...] about VN-Japan dialogue spotlights local business climate for foreign investors

Ford Vietnam’s added focus on Hai Duong is hoped to bring another strong year for the company after a stellar 2019 The investment follows a strong and steady climb in the demand for Ford vehicles in the country – including record sales of more than 32,000 vehicles in 2019 – and healthy growth forecasts for Vietnam’s burgeoning automobile industry. … [Read more...] about Ford expands Hai Duong facility

The Ministry of Finance, meanwhile, called on the MoT to clarify the reasons why ACV was allowed to play such a big role in the proposal – to oversee all 22 airports and take charge of private investment there – in order to maintain standards of transparency. — VNS  … [Read more...] about Ministries demand more airports open to private investment

Hanoi(VNA) – The Japan Bank for International Cooperation (JBIC) is considering funding the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government guarantee. General Director of PetrolVietnam Nguyen Vu Truong Son recently worked with JBIC representatives on financial arrangements for the project. According to PetrolVietnam, the project, worth nearly 10 billion USD, is one of the two largest gas projects in Vietnam. The capital arrangement for the project is one of the main concerns of foreign partners involved in the project. The Block B&52/97 project’s oilfield development report was approved by contractors and the State appraisal council, while its environmental impact assessment report was ratified by the Ministry of Natural Resources and Environment. The quantitative risk assessment report was also submitted to the Ministry of Industry and Trade. As scheduled, the contract will be awarded in June 2018, … [Read more...] about Japan bank considers funding PetrolVietnam’s gas project