Ho Chi Minh City approves investment in logistics centers

(Saigon Investment) - The People's Committee of Ho Chi Minh City recently approved a project to develop logistics centers in the City at a total cost of VND 95,800 bn, and a long term vision until 2030. Dr. NHAN CAM TRI, Vice Rector of University of Economics in Ho Chi Minh City spoke with Saigon Investment in more details on this upcoming project.

HCMC’s total retail sales of goods rise 11.9 percent in 2020

(Saigon Investment) - The Department of Industry and Trade of Ho Chi Minh City, on January 13, held a conference to summarize its activities in 2020, deploy the plan for 2021, and honor the typical industrial and supporting industry products in HCMC in 2020.

Vietnam eyes productivity to grow 7.5 percent annually by 2030

(Saigon Investment) - Vietnam expects annual growth of labour productivity to exceed 7.5 percent by 2030, according to a master plan on enhancing productivity based on science, technology and innovation for the 2021 – 2030 period recently issued by the Prime Minister.

The Hub of  Solar Power

The Hub of Solar Power

(ĐTTCO) - According to the Institute of Energy, Binh Dinh and Phu Yen are two provinces with excellent conditions for setting up solar power plants. In the last few years many investors have built plants in these two places, making them the country’s green power hub.

To revise Enterprise Law according to practical requirements

To revise Enterprise Law according to practical requirements

(ĐTTCO) - The Enterprise Law in 2014 contributes positively to the formation of a favorable and fair business environment, motivates the establishment, growth and expansion of enterprises. Since 2014, both the number of new enterprises and total registered capital have been increasing annually thanks to the simplified procedure and the improved regulation on protection of investors and shareholders.

Investment in stock market is mainly short-term

Investment in stock market is mainly short-term

(ĐTTCO) - Though the Vietnamese stock market has been developing to some extent in the last few years, mobilisation of funds for the economy has been mainly dependent on the banking system. 

The financial system is imbalance

The financial system is imbalance

(ĐTTCO)-Vietnam’s capital market has grown over the last 20 years in market size and product variety. However, some constraints remain, especially the imbalance between the capital and money markets.  

Hoan My Medical Corporation has new Chairwoman

Hoan My Medical Corporation has new Chairwoman

(DTTC) - Recently, Clermont Group (owner of Hoan My Medical Corporation) has appointed Ms. Vu Thuy Anh as Chairwoman of the Board of Directors of Hoan My Medical Corporation.
Industry 4.0  Accepting loss to approach

Industry 4.0 Accepting loss to approach

(ĐTTCO) - The most important thing for Vietnam now is to find a driving force for the economy. The Prime Minister quickly understood the potential of the private sector in spurring economic growth.

Sophism of Signing Bonus

Sophism of Signing Bonus

(ĐTTCO) - The loss incurred by the PetroVietnam joint venture in Venezuela is still mired in controversy. To get an independent view on this issue, Investment & Finance asked Professor Tran Ngoc Tho to analyse data from 2006 to 2010. 

Two bottlenecks in Land Law

Two bottlenecks in Land Law

(ĐTTCO) - Vietnam's Land Law has been useful for the last 30 years since economic reform began and especially when perceptions changed as the economy moved from subsidies to the market. However, though its revenues from lands have steadily increased the government has been plagued by improper valuations.
Why are Vietnamese private enterprises still small?

Why are Vietnamese private enterprises still small?

(ĐTTCO) - We have to admit that the private sector has been playing an important role in our economy by creating jobs, contributing to the government’s revenues and generally fulfilling its social responsibilities. A 2013 study by the IFC found that the private sector created around 90 percent of all jobs in most developing countries.
Restoration  of the nearly 100  years old mansion

Restoration of the nearly 100 years old mansion

(ĐTTCO) - Built nearly 100 years ago, the mansion at 110-112 Vo Van Tan Street is considered as a work having the most architectural and historical value in Ho Chi Minh City. After spending US$35 million to own this ancient mansion, the owner has hired some leading conservation experts in the world to start upgrading and restoring it.

The importance of private sector

The importance of private sector

(ĐTTCO) -After three decades of adopting policies to foster the private sector, we have to admit it was right to try and develop the country by adopting the market mechanism. This achievement cannot be reversed and is to the credit of the private sector.
Private sector is still sluggish

Private sector is still sluggish

(ĐTTCO) - Over the last 30 years the private economy has been growing significantly. However, private companies remain small, fragmented and weak. There are some emerging corporations like VinGroup, Hoa Phat, Truong Hai, and SunGroup, but they are not enough to change the big picture.