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VIETNAM BUSINESS NEWS JANUARY 26 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 26/01/2021
13:39 GMT+7 HCMC targets lower investments in IPs this year An export processing zone in HCMC. HEPZA has set this year’s investment attraction target US$200 million lower than last year - PHOTO: LE HOANG With concerns over land shortage and the unpredictable Covid-19 situation, the HCMC Export Processing and Industrial Zone Authority (HEPZA) has set this year’s investment attraction target US$200 million lower than last year. According to a HEPZA representative, fresh and additional capital registered at the city s industrial parks and export processing zones exceeded US$760 million last year, up 52% against the 2020 target and 17% against 2019. ....
Long-term development commitments realised through strategic M&A moves 10:35 | 18/01/2021 Long-term development commitments realised through strategic M&A moves The Vietnamese merger and acquisition (M&A) market has suffered a plunge since the beginning of 2020 as investors took a more cautious tack while restrictions and quarantine measures hindered the evaluation and decision-making of M&A deals. Such transactions in Vietnam were estimated at $3.5 billion during 2020, accounting for 48.6 per cent compared to the previous year, but it is believed the market will recover this year when its size may return to previous levels of around $5 billion. Beside other traditionally big investors to Vietnam including those from Singapore, Japan, and South Korea, Thai corporates have showcased great confidence in Vietnam in the midst of the global health crisis. ....
An emerging land of sea and sun Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 17/01/2021
13:04 GMT+7 Ninh Thuan has a reputation as the land of “little rain and too much sun and wind”. Rocky hills and mountains extend down to Vietnam’s south-central coast of bays, white sands, golden sunlight, and turquoise waters. The province also boasts a range of historical relic sites and diverse cultures, along with agricultural products that make for great souvenirs. It now has plans to become a new travel hotspot in the country and the region by identifying what measures will make it so. ....
10:30 GMT+7 Many northern schools temporarily close due to strong cold spell Hundreds of schools in the northern region have allowed students to stay at home amid the freezing cold weather when a new strong cold spell has pushed temperature down to below 10 degree C and even under 0 degree C. Lai Chau alone saw 132 schools close, most in mountainous areas. The cold spell has brought rain and dropping temperature, and caused frost and snow in high mountain areas. The most affected provinces include Lai Chau, Lao Cai, Son La, Ha Giang, Cao Bang, Yen Bai, and Lang Son, with temperatures dropping even below 0 degree C in high mountainous areas. ....
Share VN builds expressway in Mekong Delta Tue, 5 January 2021 A groundbreaking ceremony for the construction of the My Thuan-Can Tho Expressway, an important project in the Mekong Delta region’s transport system, was held in Vinh Long province on January 4. The My Thuan-Can Tho Expressway is part of the eastern section of the North-South Expressway project. It has a total investment of 4.86 trillion dong ($210 million) and is expected to be completed next year. The 23km expressway will pass through Vinh Long and Dong Thap provinces. It starts from the My Thuan Bridge 2 in Vinh Long city’s Tan Hoa ward and ends at Cha Va intersection, connecting to National Highway No 1 in Binh Minh town’s Thuan An commune. ....