Business

Thai Beverage Public Company Limited (Thai Beverage) is considering bidding for Vietnamese state-owned enterprises Saigon Beer, Alcohol and Beverage Corporation (Sabeco) and Vietnam Daily Products JSC (Vinamilk), according to newswire Nikkei.

The Nhon-Hanoi Station metro route project continues to be delayed until as late as 2019 as the investor claim they need more capital to cover additional expenses.

Minister and Head of the Government Office Mai Tien Dung has conveyed a request from Prime Minister Nguyen Xuan Phuc to the Ministry of Agriculture and Rural Development (MoARD) to explain and set out measures to resolve seven issues.

Donald Trump yesterday announced the United States would signal its withdrawal from the Trans-Pacific Partnership (TPP) trade deal on his first day in the White House, as one of six immediate steps aimed at "putting America first."

Nine percent of Vinamilk will go on sale in early December according to the State Capital Investment Corporation.

The Vietnamese unit of Parkson, Malaysian conglomerate Lion Group’s largest department store chain, will officially close its second store in Hanoi after eight years of operation, citing unsatisfactory business results.

Foreign banks and credit institutions will be licensed to lend in foreign currencies to export enterprises, which will provide short-term capital to exporters and manufacturers.

Vietnam is unlikely to meet the 10 per cent export growth target for this year, said Minister of Industry and Trade, Trần Tuấn Anh.

Japanese businesses are keen to share their experience, transfer technology and invest in the construction of Metro Line 3A and a trade centre at the central station of metro line No. 1 in Ho Chi Minh City.

The real estate sector in Vietnam is the second-biggest recipient of foreign direct investment in the last two years after the manufacturing and processing industries.

On the sidelines of the main APEC summit events being held in Lima this week, President Tran Dai Quang met with a group of top Peruvian business leaders on November 18 to discuss the importance of collaboration to bolster

Fitch Ratings has released a report forecasting that Vietnamese banks are set to improve gradually next year.

The State Bank of Vietnam said that the rising value of the US dollar against the Vietnamese Dong was normal at this time, reassuring market concerns over the accelerating VND/USD exchange rate.

The Vietnam International Bicycle Exhibition - Vietnam Cycle 2016 opened at the Hanoi International Exhibition Centre, No.91 Tran Hung Dao Street, Hanoi, on November 17.

More business leaders in Vietnam are “very confident” in near-term revenue growth, at 50 per cent this year vs. 44 per cent a year ago, according to a recent survey conducted by PwC.

PepsiCo Vietnam has just been fined VNDV25 million (USD1,116) for failing to carry out proper testing on its products.

Prime Minister Nguyen Xuan Phuc has reiterated that Vietnam will continue to integrate into the global economy at a rapid pace regardless of whether the long-awaited TPP comes into effect or not.

Hanoi Chairman Nguyen Duc Chung has approved a VND7bn (USD312,000) Incubator for Information and Communication Technology programme for the 2016-2020 period.

Top world leaders meet from Thursday to try to save their cherished free trade accords from feared extinction under US President-elect Donald Trump.