HCM City aims to become Southeast Asian logistics hub
HCM City aims to become Southeast Asian logistics hub
20/11/2024

HCM City is set to enhance its logistics sector to become a key logistics hub in Southeast Asia by 2030, leveraging global supply chain opportunities. Võ Văn Hoan, deputy chairman of the People’s Committee, speaks at HCM City Logistics 2024 conference organised by the HCM City Logistics Association on Friday. — VNA/VNS Photo HCM City …

VNG becomes the official publisher of Roblox in VN
VNG becomes the official publisher of Roblox in VN
14/05/2024

Vietnamese internet company VNG Corp has become the official publisher for Roblox, a popular online game and virtual world creator platform. The joint venture solidifies VNG’s reputation in the Vietnamese market with the highly-anticipated release of Roblox in Việt Nam scheduled for this summer on both iOS and Android platforms. The announcement was made during the Vietnam …

Number of new businesses reaches 51,600 in first four months
Number of new businesses reaches 51,600 in first four months
08/05/2024

Around 51,600 new enterprises were established with total registered capital of nearly VND508 trillion (US$20 billion) in the first four months of 2024, according to the General Statistics Office (GSO). This marked year-on-year increases of 3.4% in the number of businesses and 9.3% in the capital, it said. These new businesses registered a total of …

Central beach city to lure investment from potential partners
Central beach city to lure investment from potential partners
03/05/2024

The central hub will welcome all investors planning for investment expansion or fund flow moves in the region. The central city’s People’s Committee has officially issued an investment promotion programme for 2024 aiming to diversify partners and investment flows for new development. The city said the programme will focus on calling potential domestic investors in …

Masan completes $250 million investment deal with Bain Capital
Masan completes $250 million investment deal with Bain Capital
15/04/2024

The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm. The State Securities Commission has confirmed receipt of comprehensive documentation pertaining to the issuance of preferred dividend convertible shares by Masan, marking the culmination of the transaction process. This strategic investment, originating …

Việt Nam to benefit from Fed’s rate cut
Việt Nam to benefit from Fed’s rate cut
01/04/2024

According to experts, the Fed’s interest rate cut will support Việt Nam’s monetary policy management as the State Bank of Vietnam (SBV) may not be under pressure of dollar appreciation after the greenback weakens in the wake of the Fed’s rate cut. Goods are exported at a port. The recovery of consumption in the US …