Press Review - August 2017

Tuesday, 01 August 2017 10:00

 

31 August 2017

BUSINESS IN BRIEF 31/8

Multi-billion VND ethanol projects back on planning table

SOEs divest $163.4 million in 8 months

Prime Minister calls on Gov’t to cut business fees

Grab and Uber fined, Mai Linh and Vinasun losing value

Ministry proposes scrapping 3,000 business conditions

Foreign insurers expand distribution network

Vinalines, Rent-A-Port ink logistics deal

Govt says rules on software export management no longer necessary

Enterprises can sue customs officers for wrong goods evaluation

 

30 August 2017

BUSINESS IN BRIEF 30/8

Uber pays out US$10 million to get back on Philippine roads

Euro tops US$1.20 to hit highest level since early 2015

Finance ministry opposes high incentives for special economic zones

Licensed software boosts IP rights

Lee&Man warned to have pulp mill license revoked

PM pledges good conditions for ExxonMobil

406 SOEs approved for divestment in 2017-2020

Vietnam’s trade deficit hits $2.13 billion in first eight months

Central Group targets pouring more money into Vietnam

 

29 August 2017

Vietnam attends meeting in Australia to accelerate TPP

British firms want to join Tan Son Nhat expansion project

Challenges still ahead for Vietnamese seafood exporters

Multi-billion dong ethanol projects back on planning table

Firms consider pulling out of social housing projects

Low feed-in tariff freezes wind power projects

Finance Ministry wants 1% tax on transfer price in M&A deals

 

28 August 2017

BUSINESS IN BRIEF 28/8

Foreign investment on the rise in VN

Indonesia trip delivers MoUs

New collateral rules good for VN banks: Moody’s

Foreign investment on the rise in VN

Tax agencies ramp up anti-transfer pricing measures

 

27 August 2017

Vietnam plans to offload stakes in top aviation firms by up to 30%

 

25 August 2017

Vietnam economic future uncertain as it still relies on FDI: experts

Amazon says Whole Foods deal to close Monday, vows lower prices

European stocks mixed as bankers meet, Trump talks debt

Shinhan, VinaCapital to invest $100m in Novaland via new PE vehicle: Report

 

24 August 2017

Vietnamese spend big money to expand retail networks

Spending on fruit, veg imports rises

Asian stock markets tick up on US tax plan hopes

Gov’t considers recognising bitcoin in VN

Nearly 2000 business conditions up for the chop

Sugary drinks may get unsavoury tax

Real estate records new M&A deals in first half

Tax increases could have negative impact on economy

Vietnamese shoppers no longer the world’s thriftiest: Nielsen

 

23 August 2017

Foreign chains a launchpad for Vietnam goods to reach world market

Chevron CEO Watson to step down

US delays antidumping investigation on VN’s tool chests

Government details SOE divestment plan until 2020

Contractor Kumho wins $1.5 million in debt trial

Green growth- a magnet for foreign investors

Disappointing revenues from bauxite-alumina projects

Build, operate and transfer transport projects criticised for lack of tendering

Bribes continue to dictate Vietnam's medicine prices, trial uncovers

 

22 August 2017

Market analysts remain vigilant on market outlook

Foreigners who want to buy houses in Hanoi told to wait

Gov’t looks to cut special inspections red tape

VAMC makes first seizure of mortgaged asset

MPI proposes big breaks for special economic zones

Gov’t urges mobilisation of idle gold

Farm sector set for wave of mergers, acquisitions

CapitaLand launches first $300m Vietnam private equity fund

Deputy PM demands tax hike reviews, experts beg to differ

Uber reduces fare gap in Ho Chi Minh City

Capital for high-tech agriculture

Foreigners to be allowed to own houses in VN for up to 99 years

Vietnam to launch venture capital regulation in 2017

IFC mulls $150m convertible loan in Vietnam’s An Binh Bank

PE firm EQT invests in Vietnam’s English language trainer ILA

 

20 August 2017

Central Group to reinforce Vietnamese investments

Foreign retailers ramp up investment in Vietnam

Coca-Cola suggests broader approach to SCT

FDI from tax havens poses risks to economy

 

21 August 2017

Companies warned about massive layoffs of workers over 35

Steel maker to invest in US$97 million factory

Market analysts remain vigilant on market outlook

 

19 August2017

Higher second home tax to pose challenges

 

18 August 2017

Linking national and regional customs windows

Why are foreigners’ house purchases proceeding at a sluggish rate?

Ca Mau wants to build $3.5 billion seaport

PetroVietnam to begin large-scale divestment

Mekong Capital plans to divest from Traphaco

Big brands see drop in revenue in more competitive market

OK for new bond market plan

 

17 August 2017

Steel consumption witnesses increase

Steel, fertiliser shares buoy market

VPBank attracts $1.2b in pre-listing purchase offers

Finance Ministry proposes ‘reasonable’ tax hikes

SOEs facing divestment to be made public soon

Domestic digital content firms ask for fair policies

Closer look at three companies to be divested by VNPT and EVN

Reforms help M&A landscape to shine

Banks’ messy cross-ownership resembles ‘bamboo shavings’

 

16 August 2017

Co Chien IZ to be built for $53m

Indonesia told to invest in Viet Nam to boost trade

Major banks accelerate listing preparations

ExxonMobil to kick off multi-billion dollar gas-to-power complex in October

VinaLand divests entire holding in My Gia township project

 

15 August 2017

BUSINESS IN BRIEF 15/8

Real estate assn proposes issuing land-use certificates to foreigners

Việt Nam: 30 years of FDI and counting

MoIT to reduce two-thirds of admin procedures

MobiFone ordered to complete equitisation in 2018

Real estate assn proposes issuing land-use certificates to foreigners

 

14 August 2017

Leveraging strategic HR management in the era of digitisation

Industrial park occupancy rate reaches 73%

Condotels’ legality to be clarified amid rising demand

26 enterprises’ equitisation plans approved in seven months

Bad debt measures go into effect

MoT to inspect ACV capital efficiency

Competition heats up in the Vietnam soft drink market

House purchases remain out of foreigners’ reach

Over 90% of fuels imported from SE Asia, South Korea in Jan-Jul

Finance Ministry wants to tax second homes to restrict speculation

Mekong makes second education deal, puts $4.9m in YOLA

 

13 August 2017

PV Power to sell 20% in IPO in revised plan, 29% strategic stake

 

12 August 2017

Mixed response to MoIT circular on milk prices

Radical proposals for special zones

Novaland steps up M&A game

 

11 August 2017

New temporary import for re-export regulations next month

New circular to enhance banking supervision

Strong MA role seen in infrastructure developments

Mobile World may take over Tran Anh

Accelerator VIISA launches second cohort, pushes to build global teams

Vietnam M&A deal value up 12% to touch $5.8b in 2016

 

10 August 2017

Vietnam-ASEAN trade up 7-fold in 20 years

Taxi firms slam ‘impossible’ restrictions

Da Nang seaside resort real estate attractive to investors

The winners of Vietnam M&A Forum 2017

Legal reforms to push M&A market forward

VinaCapital continues restructuring with $11 million Tasco private placement

Masan's history of unique M&A

Bad debts dampen M&A boom in banking industry

Asian powers map varied M&A plans

Samsung sets up logistics company as market heats up

KIDO to sell 14.8% of frozen food subsidiary

Abundant attractive deals make huge contribution to M&A market

ESP Capital invests in Cooky.vn; Kido sells 14.8% of frozen food biz

Vietnam refinery operator plans $84m IPO, eyes 49% strategic sale

 

09 August 2017

BUSINESS IN BRIEF 9/8

Vietnamese retailers look to foreign retail markets

Japanese firms eye Vietnamese market

 

08 August 2017

BUSINESS IN BRIEF 8/8

Angel investors still not keen on Vietnam’s startups

Coal companies report good H1 earnings

 

07 August 2017

Fees to make up more bank revenue

FDI firms to get unexpected inspections

Foreigners rush to contribute capital to local enterprises

MoIT to impose temporary safeguard measures on imported fertiliser

VN to improve competitiveness of major export products by 2020

No more self-printed invoices

Regional minimum wages may increase by 6.5 per cent in 2018

Leading brewers’ ad spending meets diminishing returns

Singaporean firms eye e-commerce

Big three grip lion’s share in lending

Bitcoin trading floor collapse causes panic among investors

Saigon Securities optimistic about casino industry in Vietnam

Foreigners rush to contribute capital to local enterprises

Increasing M&A for financial institutions

Galaxy Studio seeks to earn $25m with cinema ops exit

Vinamilk to sell another 3.33% shares in October

Mobile World to acquire electronics retailer Tran Anh

VinaCapital invests $11m in Vietnamese construction firm Tasco’s private placement

 

06 August 2017

Vincom Retail plans $600 million IPO

 

05 August 2017

SCIC to sell over 48 million Vinamilk shares

Construction ministry to revaluate unlicensed buildings

 

04 August 2017

BUSINESS IN BRIEF 4/8

Retail sales, services revenue up by 10%

Special econ zones should enjoy special rules: PM

Hospital project: Investor fined over environmental impact report

Korean convenience store chain GS25 sets foot in Vietnam

Danang denies Uber pilot run

Home Credit Vietnam records bumper crop

Vietnamese cinema market worth more than $100 million

Transport Ministry urged to be cautious about licensing airlines

 

03 August 2017

Dairy firms to set own retail prices

PV Gas D to sell stake to Tokyo Gas Asia

Domestic air carriers post huge profits in H1

PM nod to revoke company’s infrastructure development licence

Taiwanese brewer to enter Vietnamese market

Casino operator SunCity to pick 34% stake in Vietnamese resort project for $77m

Vietnam: Tokyo Gas acquires 24.9% of PVGas D; GS Retail in JV with SonKim Land

Vietnam: Warburg-backed Vincom Retail plans $600m IPO this year

 

02 August 2017

Online sellers on Facebook asked to declare income

Investors seek opportunities in $9 billion online-tourism market

BUSINESS IN BRIEF 2/8

Regulations key to electronics growth

New payment mode for G-bonds

Online sellers on Facebook asked to declare income

PM issues ultimatum for ODA disbursement

How can Vietnamese transfer USD abroad to pay for house purchases?

Money flows into real estate market as prices rise

VC funding in SEA deep tech startups at early stage: Innovatube Fund’s Hajime Hotta

 

01 August 2017

BUSINESS IN BRIEF 1/8

Thai Binh Economic Zone to be established

Vietnam has first credit rating company

Transport firms move online

Ministry urges Thach Khe Iron Mine termination

Thriving online lending carries potential risks

As online sales boom, fast-delivery services thrive

VinaCapital infra vehicle completes divestment of SEATH assets, to wind up fund

 
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