Amway boosts economy with second factory

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Báo Đầu Tư English 2 week(s) ago

Amway boosts economy with second factory

Amway, the US-based leading direct selling firm, has benefited from economic growth in Vietnam since its local arm started operations five years ago. Now Amway has given Vietnam a vote of confidence with a new investment of more than $20 million for its second manufacturing plant in the country. Amway president Doug DeVos shared his thoughts with VIR’s Tuong Thuy during his April visit to Vietnam.

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Japan’s Tokyu sells first Binh Duong residences

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Báo Đầu Tư English 1 month(s) ago

Japan’s Tokyu sells first Binh Duong residences

Japanese town developer Tokyu Corp. saw lots of people join the opening of the sales gallery for the first residences in the $1.2 billion township it is building in southern Binh Duong province.

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EuroCham displays a guiding hand

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Báo Đầu Tư English 6 month(s) ago

EuroCham displays a guiding hand

The European Chamber of Commerce (EuroCham) in Vietnam last week launched its eagerly awaited White Book 2013, a high-profile report highlighting issues of great concern for European companies in Vietnam. VIR’s Tuong Thuy spotlights some of the hottest issues.

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Vietnam to be put in shop window

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Báo Đầu Tư English 7 month(s) ago

Vietnam to be put in shop window

Viet Capital Bank, Viet Capital Securities and Viet Capital Fund Management are jointly organising ‘Vietnam Access Day’ on October 23-24 at the Intercontinental Hotel in Ho Chi Minh City. It is envisioned as an event where investors and business executives can network, learn and be inspired. Viet Capital Securities CEO To Hai talks to VIR’s Tuong Thuy about the conference.

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Viet Kieu desire to enrich homeland

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Báo Đầu Tư English 8 month(s) ago 1 related news

Viet Kieu desire to enrich homeland

Phung Kim Vy, chairman of the Cliff Resort & Residences in Mui Ne, Binh Thuan province on Vietnam’s southern central coast, is a Vietnamese Canadian business woman well known among the Viet Kieu business community in Vietnam. As an entrepreneur, she has made substantial contributions to the homeland and now is deputy chief of the Overseas Vietnamese Club. Vy talks to VIR’s Tuong Thuy.

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Abbott’s deal to nurture long-term investment

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Báo Đầu Tư English 10 month(s) ago 1 related news

Abbott’s deal to nurture long-term investment

Global science-based nutrition company Abbott last week announced its acquisition of its Vietnam long-standing distributor 3A Nutrition. Ramachandran Rajamanickam, Abbott Nutrition International vice president for Asia-Pacific, outlined the deal to VIR’s Tuong Thuy.

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ACB launches mobile banking services

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Báo Đầu Tư English 12 month(s) ago

ACB launches mobile banking services

Asia Commercial Bank on May 29 launched its mobile banking services for individual customers who have mobile phones, tablets and Internet-linked computers.

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Passengers get greater choices to fly between Vietnam and America

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Báo Tuổi Trẻ English 14 month(s) ago 1 related news

Passengers get greater choices to fly between Vietnam and America

Passengers traveling between Vietnam and the US now have more flight options to select as United Continental Holdings and All Nippon Airways (ANA) have started expansion of its trans-Pacific joint venture.

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Vietnam’s inflation slows down

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SaiGon GP English 16 month(s) ago

Vietnam’s inflation slows down

This month’s consumer price index in Vietnam reduced to 16.44% from 17.27% last month, the General Statistics Office said Friday in its monthly report.

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Trade, investment is center of Australia-Vietnam relations: envoy

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SaiGon GP English 16 month(s) ago

Trade, investment is center of Australia-Vietnam relations: envoy

Two-way trade and investment has been at the core of the remarkable growth in the relationship between Australia and Vietnam, with Vietnam now one of Australia’s most important and valued trade partners in the Asia Pacific region, the Australian Consul General in Ho Chi Minh City said Wednesday.

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Ministry: No personal income tax likely on Tet salaries, bonuses

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SaiGon GP English 17 month(s) ago

Ministry: No personal income tax likely on Tet salaries, bonuses

The Finance Ministry has proposed the Government to allow salaries and bonuses for 2011 that are paid this January to be exempted from personal income tax, Finance Deputy Minister Do Hoang Anh Tuan said Thursday.

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Donors commit $93 mln to support Vietnam’s water supply, sanitation

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SaiGon GP English 17 month(s) ago

Donors commit $93 mln to support Vietnam’s water supply, sanitation

Australia, Denmark, and the United Kingdom have co-signed an agreement to further support a Vietnam program for water supply and sanitation with a total financial commitment of US93 million.

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ACCA economic forum looks at challenges, opportunities for Vietnam

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SaiGon GP English 17 month(s) ago 1 related news

ACCA economic forum looks at challenges, opportunities for Vietnam

Vietnam enters 2012 with mounting challenges and remaining structural weaknesses but a consensus on restructuring the economy has been reached and it would take time to translate it into reality, a World Bank senior economist said at an economic forum in Ho Chi Minh City Monday.

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Vietnam’s investment in Cambodia, Laos increase considerably: Agency

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SaiGon GP English 18 month(s) ago 2 related news

Vietnam’s investment in Cambodia, Laos increase considerably: Agency

Laos and Cambodia are currently the two biggest receivers of direct investment from Vietnamese enterprises and the investment capital keeps increasing, with a twofold in Cambodia this year, according to the Foreign Investment Agency under Vietnam’s Ministry of Planning and Investment.

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ADB announces $730 mln loans to assist Vietnam’s power transmission

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SaiGon GP English 18 month(s) ago

ADB announces $730 mln loans to assist Vietnam’s power transmission

File photo shows a hydroelectricity plant under construction in the Central Highlands of Lam Dong. The Asian Development Bank announced Dec 16, 2011 that it would lend Vietnam up to US$730 million for electricity transmission upgrades. (Photo: Tuong Thuy)
The Asian Development Bank (ADB) will lend Vietnam up to US$730 million for electricity transmission upgrades to improve the delivery of power needed to fuel the country’s fast growing economy.

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