New strategies of South Korean big techs in Vietnam
New strategies of South Korean big techs in Vietnam
21/02/2025

Vietnam has emerged as a strategic “playground” for major Korean tech giants like SK Group, Samsung, and others. Prime Minister Pham Minh Chinh meets with Mr. Chey Tae-won, Chairman of SK Group and President of the Korea Chamber of Commerce and Industry (KCCI). Photo: VNA. The “New Appetite” of South Korean Investors With FDI totaling $7.06 billion in …

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 …

HCMC economic growth at five-year high
HCMC economic growth at five-year high
30/03/2024

Ho Chi Minh City’s economy has grown by 6.54% this year, its strongest first-quarter growth since 2020. Downtown District 1, Ho Chi Minh City, February 2023. Photo by VnExpress/Quynh Tran It beat the 5.5% growth forecast by experts, according to the Statistics Office of Ho Chi Minh City. The previous highest Q1 rate was 4.58% …

Opportunities for digital technology businesses to go global
Opportunities for digital technology businesses to go global
27/03/2024

Investment in the fields of high technology, services, industrial production and industries with modern technical content is increasing significantly. Overseas investment of Vietnamese digital technology enterprises is gradually shifting to developed economies such as the US, the EU, Japan, South Korea and Singapore. Photo vietnamplus.vn Orienting, finding solutions and directions to promote and develop Vietnamese …