Vietnam deals 2017

Most of the M&A activity this year has happened in the real estate, finance-banking, industry and retail sectors, according to a recent report released by the Corporate Investment and Mergers & Acquisitions Center (CMAC). … [Read more...] about Covid-19 cuts Vietnam’s M&A value by half

After the acquisition, NETCO achieved outstanding growth in the first nine months of the year, with revenues and profits after tax rising by 38 per cent and 93 per cent year-on-year to VNĐ1.109 trillion ($47.7 million) and VNĐ104 billion ($4.47 million). … [Read more...] about Masan Group topslist of enterprises in Viet Nam with best M&A Deals in 2019-20

This year, Vietnam also remains the world’s biggest importer of raw cashew nuts, purchasing about 1.3 million tonnes from overseas. Data by Vinacas shows that Vietnam began to ship cashew kernels abroad in 1990 after the association was founded. The country exported 286 tonnes of cashew kernels for 1.4 million USD that year. In 2004, the volume increased to 105,000 tonnes, worth approximately 436 million USD. In 2006, Vietnam surpassed India for the first time as the world’s top exporter of cashew kernels, with an export volume of 127,000 tonnes worth 504 million USD. Since 2017, Vietnam has retained its position as the world’s biggest hub for cashew processing and the largest exporter and importer of the product, accounting for over 50 percent of the global processed cashew nuts. The industry has been hit by COVID-19 since the beginning of this year. Though cashew kernel exports reached more than 422,000 tonnes in the first 10 months of 2020, a year-on-year … [Read more...] about Vietnam remains world’s largest producer, exporter of cashew nuts

Vietnam has a foreign contractor tax (FCT), but the platforms don’t fulfill their tax obligations. FCT includes VAT, corporate income tax (CIT) and personal income tax. To date, only Netflix has stated it will observe Vietnamese laws, including the tax obligation. … [Read more...] about New policy is needed to control Facebook in Vietnam

Dak Nong Global Geopark covers an area of more than 4,700 km2, accounting for more than two fifths of the natural area of province and spanning over six out of eight districts and cities of the locality. The geopark can be reached by several routes by land and air, including two international border gates with Cambodia. Characterized by sub-equatorial tropical monsoon and plateau climate, the area features an evenly distributed network of rivers, streams, lakes and reservoirs. About 416,000 people of 40 ethnic groups live in the area, occupied mostly in agro-forestry, trade and services, and small industries. Many archaeological, historical and cultural relics as well as scenic spots are recognized and conserved. Many festivals and traditions celebrated by ethnic cultures, in particular the UNESCO “Gong Culture Space” intangible heritage also contribute to the values of the Geopark. According to domestic and foreign scientists, the geopark has about 65 heritage sites, … [Read more...] about UNESCO honours third Global Geopark in Vietnam