Business

With a raft of free trade agreements on the way, a checklist of equitisations, and new legislation in place to support foreign investment, a new wave of M&As are forecast to sweep across Vietnam.

Vietnam has become the world’s top outsourcing location for the first time in terms of costs, risks and operational conditions, according to new research from global real estate adviser Cushman & Wakefield (C&W).

The Security World 2015 Conference and Expo was held in Hanoi on March 25 to work out measures to deal with information security risks.

Ho Chi Minh City will open 363 training courses on business start-ups and administration at a total cost of 25 billion VND (1.2 million USD) in 2015.

Foreign direct investment disbursement in the first quarter of 2015 was estimated at US$3.05 billion, up 7% over the same period of last year, the Foreign Investment Agency has reported.

The US Government is preparing to finalise inspection regulations that require all producers and processors of catfish to abide by the same food safety standards.

State President Truong Tan Sang met with Lao Prime Minister Thongsing Thammavong on March 24, during which they agreed to work hard to raise bilateral trade turnover to 2 billion USD in 2015, up 40 percent from the previous year.

Vietnam needs greater participation of local firms in global value chains to enable the economy to reach its full growth potential, the Asian Development Bank said.

Vietnam aims to rank fifth among top air-transportation service providers in Southeast Asia by 2020, according to the Civil Aviation Authority of Vietnam.

BRG Group has just signed a contract with Nicklaus Group to gain the monopoly to open the first professional golf training institution in Vietnam.

The March consumer price indices in the country’s two largest cities have both recorded a rise, according to the statistics offices of Hanoi and Ho Chi Minh City.

The Consumer Price Index of Hanoi in March increased by 0.38% over the previous month after the consecutive drops in January and February.

Vietnamese engineers have worked to master advanced oil rig construction technology and have now exported their giant oil platforms.

This year’s Vietbuild Home International Exhibition in Hanoi, known as Vietbuild Hanoi 2015, will feature over 1,350 pavilions by 450 businesses, the Centre for Information Technology and Communication (CITC) at the Ministry of Construction (MOC) told press on March 20.

Figures about electricity access cited by Electricity of Vietnam (EVN) and the World Bank (WB) show different pictures.

Representatives of the Khanh Hoa provincial People’s Committee and the Vietnam Airlines Corporation had a working session on the investments and construction of a new terminal for Cam Ranh International Airport in Nha Trang city.

The Vietnam-Thailand Joint Committee on bilateral cooperation held its second meeting in Hanoi on March 20, during which both sides agreed to raise two-way trade to 15 billion USD in 2020.

Singapore has 1,379 valid projects in Vietnam worth a combined amount of nearly 33 billion USD as of February this year, ranking third among 101 countries and territories investing in Vietnam.

Canadian Minister of Agriculture and Agrifood Gerry Ritz has said the Vietnamese market held great potential for the import of high-quality, flavourful Canadian beef.