Experts urge caution on M&A exploiting low share prices
06:00 | 24/08/2020 Economy
(VEN) - Capital contributions and share purchases by foreign investors have helped Vietnamese businesses gain access to new ecosystems and ensure undisrupted supplies. However, given the current volatility of the stock market and uncertainty of the economy induced by Covid-19, experts are cautioning against so-called “vultures” seeking to buy Vietnamese shares and/or companies at rock-bottom prices.
Vietnam’s pork price paradox
06:00 | 22/08/2020 Trade
(VEN) - In a bid to bring down the high price of pork, an important staple in the Vietnamese diet and a persistent source of inflationary pressure, the government is allowing live pig imports from Thailand. However, for now, the meat imports have not made a dent in prices, which continue to register record highs.
Textile, garment sector: Flexibility for adaptability
06:00 | 21/08/2020 Industry
(VEN) - The export value of textiles and garments is forecast to continue plunging in the third quarter of this year without any sign of recovery. Therefore, businesses need to be flexible to adapt themselves to the situation.
Khanh Hoa Province seeks more government funds for rural production
13:00 | 18/08/2020 Industry
(VEN) - Khanh Hoa Province is seeking greater support from the Ministry of Industry and Trade and the Ministry of Finance for investment in technology demonstration models, advanced machine application in production, and infrastructure investment in industrial clusters in order to modernize rural industrial enterprises.
Positive signs in attracting power industry investment
13:00 | 13/08/2020 Industry
(VEN) - Director of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) Hoang Tien Dung told Vietnam Economic News’ Lan Anh & Ba Cuong that the willingness of domestic and foreign private investors to develop power projects without government guarantees is a plus in attracting power industry investment.