State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment. The total investment capital transferred abroad reached $3.8 billion and the profit $270 million. … [Read more...] about How are SOEs’ outward investment projects performing?
Regarding Australia’s submission of a note verbale to the Commission on the Limits of the Continental Shelf, a UN body, rejecting “any claims by China that are inconsistent with the 1982 United Nations Convention on the Law of the Sea (UNCLOS),” Hang said that the submission of these kinds of notes submitted by countries within the UN framework to express their views are a “normal practice” in international relations. … [Read more...] about Vietnam condemns China’s illegal moves, confirms respect for international law in East Sea
In late 2017, ThaiBev, through Vietnam Beverage, spent $5 billion to acquire 53.6 percent of Sabeco shares and became the holding company of the largest brewer in Vietnam. In late 2017, ThaiBev, through Vietnam Beverage, spent $5 billion to acquire 53.6 percent of Sabeco shares and became the holding company of the largest brewer in Vietnam. … [Read more...] about Who will buy the state’s remaining 36% of shares in Sabeco?
Buffalo worship of Lu ethnic group “Mo khoăn khoai” is a ceremony of the Lu ethnic group in the northern mountainous province of Lai Chau to honor buffalos, a very important animal to famers. … [Read more...] about Unique buffalo market in northern mountainous commune
Many Vietnam’s startups have died young during Covid-19, but startups in the real estate sector, or proptech, appear to have been unhurt by the epidemic. JunYuan Tan, a co-founder of the startup, revealed that Homebase has successfully called for $310,000 worth of capital. … [Read more...] about Vietnam’s proptech startups favored by investors despite Covid-19