Other Briefings
Forbes to Honor the 50 Best Listed Vietnamese Companies
In a sign of Vietnam’s maturing market, Forbes Vietnam is preparing to honor Vietnam’s 50 best listed companies in a ceremony to be held on October 17 in Ho Chi Minh City (HCMC). The award seeks to recognize companies listed on the Vietnam Stock exchanges that have outstanding business and financial performance. Some of the recognizable names on the top 50 list include Vingroup, Vinasun, Vinamilk, and Vietcombank.
Samsung Increases Investment into Vietnam’s Saigon Hi-Tech Park
Samsung has recently received an investment certificate allowing the company to move forward with the development of a new US$1.4 billion electronics factory in Ho Chi Minh City (HCMC). The new factory, which will be called the Samsung CE Complex, will be built in the Saigon Hi-Tech Park. This is yet another move by the South Korean company to turn Vietnam into a global manufacturing base for its products.
New Investment Opportunities in South Vietnam: An Interview with Long Hau Industrial Park
Vietnam Briefing’s Senior Editor, Edward Barbour-Lacey, recently had the opportunity to interview Mr Sy Tran – Director of the Sales and Marketing Department at the Long Hau Corporation (LHC). Mr. Sy has many years of experience working with well-known multinational corporations and leading Vietnamese companies in the industries of FMCG and B2B industry. These companies include: Coca Cola, NewZealand milk, Foster Vietnam, and Vinamilk.
Hi-Tech Parks and New Urban Areas Slow to Attract Investment in HCMC
Ho Chi Minh City saw an 83.5 percent year-on-year increase in foreign direct investment inflows during the first six months of 2014. However, the city’s Hi-Tech and New Urban Areas have abjectly failed to attract the levels of investment that were previously hoped for.
British Business Group Vietnam Opens Business Center in Ho Chi Minh City
On Tuesday June 10, the British Business Group Vietnam opened a new business center in Ho Chi Minh City. The center is intended to boost trade and investment between the United Kingdom and Vietnam.
Ho Chi Minh City Ramps Up Infrastructure Spending
Ho Chi Minh City has announced that it will require VND17 trillion (US$799 million) for transportation infrastructure development in 2014.
Ho Chi Minh City Cracks Down on Work Permits
The Ho Chi Minh City Department of Labor, War Invalids, and Social Affairs has announced that foreign workers in the city will have to apply for new work licenses when their work permits expire and will not be able to get an extension.
Ho Chi Minh City and Hanoi Report Strengthening Economic Numbers
Vietnam’s capital Hanoi and its economic center Ho Chi Minh City have both reported positive economic numbers for the first four months of 2014. April has proven to be a particularly auspicious month for both cities.
Foreign Garment and Textile Manufacturers Weave Their Way to Success in Vietnam
Garment and textile manufacturers are finding Vietnam an increasingly attractive destination to set up their operations. This enthusiasm was on full display at the recent Saigon Tex garment and textiles annual expo held in Ho Chi Minh City.
Ho Chi Minh City Government Presents Clear Plan for Future Economic Growth
Ho Chi Minh City (HCMC), Vietnam’s economic heart, has recently announced a comprehensive plan for socio-economic development through 2020. This plan will ensure that the city, in the words of the HCMC People’s Committee, “will strive to become a multi-functioning economic, social and cultural center with [a] modern infrastructure system by 2020.”
