THE DIFFERENT FATES OF ENTERPRISES AFTER M&A DEALS
[24-06-2016] Some businesses have regained their strength after merger and acquisition (M&A) deals because foreign capital was pumped into the companies in a timely manner. Meanwhile, many others still are experiencing tough days.
PROPERTY INVENTORY SEES SLUGGISH FALL
[25-06-2016] Real estate inventory continues to fall but the pace is slowing down, mostly in suburban projects with poor infrastructure facilities, according to the Agency for Management of Housing and Real Estate Market under the Ministry of Construction.
VIETNAM SIGNS 74 DOUBLE TAX AVOIDANCE AGREEMENTS
[23-06-2016] The General Department of Taxation recently released Official Document No 2264/TCT-TCHQ to update effective double tax avoidance agreements and protocols to which Vietnam is a signatory.
MEXICO OPENS NEW SEA ROUTE TO VN
[22-06-2016] The Port of Lazaro Cardenas (LCT), the largest Mexican container port, launched routes to Viet Nam and Chile on June 21 which will save up from 13 to 18 days of transit. According to Alfredco Huesca, the LCT general manager, the sea routes will be operated through an alliance between Trade Link Pacifico and Kansas City Southern de Mexico (KCSM) rail companies.
TENDER NOTIFICATION
[27-06-2016] The public tender notifications issued by the Hong Kong SAR Government for your information. We should be grateful if you would notify manufacturers, agents and distributors who, in your opinion, will be interested in submitting a bid for the tenders.
CHANGE FOR GROWTH
[20-06-2016] As the biggest economic center of Vietnam, HCMC is feeling tied by a slew of prevailing regulations. It is desperate for a special governance mechanism so that the metropolis will be able to grow faster and thus fuel development in the rest of the nation. Over the years the most populous city of the country has repeatedly proposed a separate mechanism to unlock its huge potential.
HANOI FINDS INVESTORS FOR 43 PROJECTS
[17-06-2016] The government of Hanoi City is finding investors for 43 projects planned for implementation this year at a total cost of VND372.25 trillion (US$16.6 billion). Of the projects, the capital city needs a combined VND316.8 trillion for 10 projects to upgrade and build apartment buildings in Cau Giay, Ba Dinh, Dong Da, Hai Ba Trung and Hoang Mai districts.
EXPORT GROWTH SLOWS DOWN
[16-06-2016] According to the General Department of Vietnam Customs, by May 15, total exports and imports of Vietnam reached US$117 billion, up 0.8 percent compared to the same period of 2015. Thus, Vietnam has a trade surplus of US$1.23 billion, of which FDI enterprises contribute to 70 percent of export value.
