Investors holding international bonds issued by NOVALAND, with a combined value of $300 million, are now required to pay nearly twice the amount for the conversion of these bonds into shares, as per the latest decision from the real estate…
The local food and beverage industry in Vietnam continues to be an alluring sector, witnessing increased investments from both domestic and international companies. Nestlé Vietnam recently revealed an additional investment of $100 million in expanding its high-quality coffee production lines…
Ho Chi Minh City aspires to transform into a progressive and comprehensive education hub for Asia as part of its education development strategy until 2030. Unveiled by the city’s people’s committee on Thursday, the strategy aims to establish an equitable…
More than 20 banks have implemented reductions in their deposit interest rates, with rates for 1-month deposits now reaching as low as 1.7% per year. As of January 17, a survey conducted by VNExpress across 34 lenders revealed that three…
Erex Corporation, a Japanese company specializing in providing electricity derived from biomass, has recently revealed plans for an innovative 50MW biomass power plant in the central province of Binh Dinh. This proposal, outlined in a recent announcement by the Binh…
Before 2040, Vietnam is set to initiate trial coal mining activities in the Red River basin, aiming to utilize coal in the region for industrial purposes by 2050. As per the approved development strategy for the coal industry on January…
Participating in the development of Hanoi’s fifth metro line, a Chinese corporation is set to construct a 39 km route at an estimated cost of VND65 trillion (US$2.63 billion). The Hanoi Department of Transport, in collaboration with the China Pacific…
Hyosung Group, a South Korean industrial conglomerate, has revealed its commitment to inject an additional $2 billion into Vietnam in 2024. During an event discussing investment opportunities in the Vietnamese market, Cho Hyun-sang, vice chairman of Hyosung Group, announced the…
On January 18, a new collaboration was unveiled between the Asian Development Bank (ADB) and British International Investment (BII), the United Kingdom’s development finance institution and impact investor. This partnership aims to fund up to $100 million in green trade…
European businesses express confidence in Vietnam’s recovery potential, with plans to bolster their investments in the country, according to a representative. Despite economic challenges, European companies, such as Nestle Vietnam, remain steadfast in their investment commitments, as evidenced by a…