A subsidiary of the Masan Group conglomerate has finalized an agreement to divest its entire ownership of a German tungsten powder manufacturing subsidiary to Japan’s Mitsubishi for $134.5 million. Masan High-Tech Materials disclosed the transaction involving the sale of H.C.…
Vietnam achieved a trade surplus of $8.01 billion from January to May, with export revenue totaling $156.77 billion and imports reaching $148.76 billion, marking respective year-on-year increases of 15.2% and 18.2%. According to the General Statistics Office, of the total…
The People’s Committee of Can Tho, a city in Vietnam’s Mekong Delta, has approved non-project aid amounting to US$122,000 from a Dutch non-profit organization to enhance marine plastic waste collection using litter traps and to establish a trial recycling system.…
Foreign investors are increasingly investing in the Vietnamese resort and hotel realty market, drawn by the potential for a full market recovery, experts report. International investors have acquired Vietnamese properties through mergers and acquisitions (M&A) deals. These investors are targeting…