Citi led a transformational merger and acquisition (M&A) deal in the healthcare sector last year, in which Quadria Capital Investment Management and founding shareholders of FV Group sold their 100 per cent stake in FV to Singapore-based Thomson Medical Group Limited.
Enhancing access to affordable trade finance has the potential to significantly improve Việt Nam’s imports and exports by up to 6 and 9 per cent, respectively, which equates to an annual increase in merchandise trade of US$55 billion.
Frasers Property Vietnam (FPV) on February 22 announced that its commercial building in Ho Chi Minh City, Melinh Point, has received the highest attainable LEED Platinum certification in Operations and Maintenance v4.1 (O+M) from the US Green Building Council (USGBC).
Vietnam will see the biggest surge in wealth growth in the world over the next decade as it positions itself as a global manufacturing hub.
The UK’s magazine The Banker has run an article highlighting optimistic opinions of experts on Vietnam’s economic outlook in 2024.
At the beginning of 2023, Vietnam set its sights on becoming a high-income developed country, and the past year has demonstrated Ho Chi Minh City’s efforts to overcome challenges and reclaim its position as a regional economic powerhouse. Kiet Le, research lead, Manufacturing Group at Dezan Shira & Associates, shares his views on how the city can utilise its initiatives to make future breakthroughs.
Vietnamese Ambassador to France Dinh Toan Thang visited Grenoble city from February 17-20 as part of activities to enhance cooperation and friendship between Vietnam and French localities.
The Vietnamese aviation market is set to fully recover by the end of this year since the Asia-Pacific market warms up, according to the Civil Aviation Authority of Vietnam (CAAV).
Experts from top real estate consulting companies in Việt Nam have expressed optimism about development prospects of the real estate market, particularly regarding the office and industrial segments.
The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).
The Hoa Binh Construction Group announced on February 19 that it has won bidding packages to develop five social housing projects worth 72 million USD in Kenya.
The Vietnam Stock Exchange (VNX) reported revenue of over 1.92 trillion VND (78.26 million USD) in 2023, down nearly 44% compared to the previous year.
There are now 2,000 Vietnamese enterprises in the supporting industry, 300 of which are members of multinational supply chains, showing great efforts of the country to promote this industry.
The entire system of policies that impact research and development of innovative startups needs to be reexamined in a methodical and systematic way, experts say.
Ho Chi Minh City, Vietnam’s biggest economic hub, is working to lure both domestic and foreign green investments, towards sustainable development.
Deputy Prime Minister Tran Hong Ha underlined the need to manage the pharmaceutical industry under market rules, ensuring publicity, transparency, quality control, safety, and cheapest prices during a meeting in Hanoi on February 19 to discuss the law on amendments and supplementations to some articles of the Law on Pharmacy.
Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.
The southeast region has been enjoying a great chance to develop the semiconductor chip industry thanks to its endless efforts to improve human resources for the industry and visits of technology giants to study investment opportunities there.
The newly approved Land Law, Housing Law, and Law on Real Estate Business, which will take effect from 2025, are expected to create more favourable conditions for Overseas Vietnamese (OVs) in owning and trading real estate, according to experts.
Prime Minister Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.