Among the ASEAN member economies, the smallest government bond markets were those of Vietnam and the Philippines, with each of their local currency government bonds outstanding still below the US$100 billion mark, according to the Asian Development Bank’s latest issue of the quarterly Asia Bond Monitor.
Vietnam Italy Steel JSC (code: VIS) wants to keep selling shares to Kyoei Steel despite its poor business performance after being acquired by a Japanese company.
Can Tho needs to develop logistics centres to meet increasing demand for the transportation of goods by international and domestic airlines. Four businesses have put forward proposals to develop such centres in cooperation with the city.
The 2019 Hanoi Plas Print Pack, a biennial international exhibition on the plastic, print and packaging industry, will be held in Ha Noi next month with 50 per cent more exhibitors than last time.
Three Taiwanese-funded enterprises on Thursday signed deals to invest a total of US$30 million at the Minh Hung Sikico industrial park in the southern province of Binh Phuoc.
The Ministry of Finance has proposed the State-run Vietnam Oil and Gas Group (PVN) focus on expediting the divestment of domestic enterprises operating in sensitive business fields such as real estate, investment funds, securities and insurance, VietnamPlus news site reported.
Japanese companies want Viet Nam to further streamline inspection procedures for imports, especially of foods.
As many as 250 businesses from 28 countries and territories, including Viet Nam, are participating in the International Coffee & Tea Industry Expo 2019, which opened in Singapore on Thursday.
The country is facing fierce competition, even in the domestic market. Businesses therefore need to better exploit the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Although people and businesses don’t want the price of electricity and other commodities to increase, it is necessary to raise these prices to balance the economy in a multidimensional way.