The Enterprise Law stipulates that the legal entity of state-owned enterprises (SOEs) has full rights and obligations as that of any other enterprise in the economic sector with similar organizational structures.
Facebook took a major step on Monday towards formalizing its planned cryptocurrency Libra, establishing a council of 21 firms committed to launching and overseeing the currency — a move overshadowed by more than half a dozen of its initial partners dropping out.
The steel market across the world recorded a slowdown as trade tensions between the US and China remain unresolved, and all major global economies showed a negative growth rate, with substantial decrease in production activities and a slowdown in demand for steel as well.
The Vietnam Chamber of Commerce and Industry (VCCI) will host the Vietnam Business Summit-2019 (VBS-2019) on 16 October in Hanoi, with the theme "Vietnam-A Trusted Business Partner in the Digital Age”.
Speaking to Saigon Investment prior to the Vietnam Business Summit (VBS-2019), Ms Pham Chi Lan, former member of the Prime Minister’s Board of economic researchers, said that Vietnam is under a lot of pressure currently, and VBS-2019 will be a great opportunity to choose good investors and partners for future development projects.
IFC, a member of the World Bank Group, is providing a loan of up to $87.5 million to BIM Land Joint Stock Company, a leading property developer in Vietnam, to support the growth of sustainable tourism infrastructure in Vietnam and Lao PDR.
Over the last few years, there have been many M&A deals between foreign investors and domestic companies in the retail sector. However, recently many domestic brands are being recognized strongly for their own quality.