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B2B startup KiotViet lands $6 million from foreign investors

Vietnamese startup KiotViet has raised $6 million in a Series A funding round from Singaporean venture fund Jungle Ventures and Indonesian unicorn Traveloka.

Chinese giant becomes biggest shareholder in e-commerce platform Tiki

China’s JD.com has overtaken gaming firm VNG Corp to become the largest shareholder of leading Vietnamese e-commerce platform Tiki.

Vietnam corporate giants race to open drugstores

Viewing them as veritable cash cows, Vietnamese corporate giants like Vingroup, FPT and Mobile World are racing to open drugstores.

July 26, 2019 | 03:35 pm GMT+7

Singapore investment giants persist in effort to buy stake in Vinamilk

Two major Singapore firms have repeatedly been trying to increase their stakes in Vietnamese dairy giant Vinamilk.

July 08, 2019 | 11:12 am GMT+7

Indian hotel giant OYO eyes $50 mln investment in Vietnam

India’s largest hospitality company OYO plans to invest $50 million in Vietnam, looking to benefit from the country’s tourism boom.

July 03, 2019 | 02:35 pm GMT+7

ODA disbursement alarmingly slow: Finance Ministry

Vietnam’s disbursement of official development assistance is yet to reach half of the amount planned for 2016-2020, says the Ministry of Finance.

June 27, 2019 | 10:57 am GMT+7

State investment agency to sell stakes in 108 firms

Vietnam’s State Capital Investment Corporation (SCIC) has announced a list of 108 companies that it will partially divest from late 2019.

June 26, 2019 | 10:45 am GMT+7

Vietnam to sign free trade pact with EU by end-June: PM

The EU-Vietnam Free Trade Agreement will be signed in Hanoi on June 30, PM Nguyen Xuan Phuc said Tuesday.

June 25, 2019 | 04:16 pm GMT+7

55 pct of German firms eye expansion in Vietnam

Fifty five percent of German businesses in Vietnam seek to expand and want the country to increase its rate of skilled workers.

June 21, 2019 | 11:27 am GMT+7

Minister proposes $2 bln additional investment in Mekong Delta infrastructure

The Mekong Delta’s critical infrastructural needs require an additional VND45 trillion ($2 billion) over the next five years, a minister says.

June 18, 2019 | 09:00 pm GMT+7

US agriculture firm eyes hi-tech expansion in Vietnam

U.S. agriculture firm Corteva Agriscience has expressed interest in expanding in Vietnam with new farming methods that could increase farmers’ productivity.

June 06, 2019 | 06:00 pm GMT+7

Lawmakers urge greater investment in Mekong Delta transport

Legislators have called for greater transport connectivity between Mekong Delta provinces and localities like HCMC.

June 04, 2019 | 06:19 pm GMT+7

Lawmakers fear new bill could weaken parliament’s oversight

National Assembly deputies are concerned a new government proposal could take away their power to approve major national projects.

May 29, 2019 | 03:46 pm GMT+7

Samsung SDS to acquire 25 pct of Vietnam IT firm CMC

In a strategic purchase agreement, Samsung SDS will take a 25 percent stake in leading Vietnamese IT services provider CMC Corporation.

May 29, 2019 | 02:47 pm GMT+7

Vietnam economy to become larger than Singapore’s in 10 years: DBS Bank

Vietnam’s economy could surpass Singapore’s by 2029 thanks to rising foreign investment and productivity growth, the Singaporean creditor says.

May 29, 2019 | 01:52 pm GMT+7

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