Finance ministry rejects Long Son Petrochemical proposal for higher import taxes

Finance ministry rejects Long Son Petrochemical proposal for higher import taxes

The Ministry of Finance has disagreed with a proposal by Long Son Petrochemicals (LSP), the investor of the $5.4-billion Long Son Petrochemicals Complex, to raise the most-favored nation (MFN) tax on some plastics products from 0% to 3%.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investors make major inroads into Vietnam private equity scene

Investors make major inroads into Vietnam private equity scene

The Vietnamese market has been proving attractive to international private equity (PE) companies, reflected by the investment portfolio expansion of giants like KKR, Warburg Pincus and SK Group.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cool Japan Fund channels $10 mln into pizza chain 4P’s

Cool Japan Fund channels $10 mln into pizza chain 4P’s

Cool Japan Fund (CJF) has decided to invest $10 million into 4P’s Holdings Pte., which operates a chain of Japanese Italian pizza restaurants 4P’s in Vietnam and Cambodia incorporating Japanese ingredients.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's fast growth charms investors amid global uncertainties: VinaCapital

Vietnam's fast growth charms investors amid global uncertainties: VinaCapital

Fast economic growth amidst global uncertainties has been touted at VinaCapital's investor conference as Vietnam's primary attractiveness.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

France’s EDF, VinaCapital eye first survey on 3GW offshore wind project in southern Vietnam

France’s EDF, VinaCapital eye first survey on 3GW offshore wind project in southern Vietnam

EDF Renewables and investment management firm VinaCapital Group are seeking Vietnamese authorities' nod to make initial surveys on a 3-gigawatt wind power project offshore of Vung Tau.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bank of America to open HCMC branch

Bank of America to open HCMC branch

Bank of America is completing procedures to open its second Vietnam branch in Ho Chi Minh City after the first in Hanoi 27 years ago.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Private equity investment gathers pace in Vietnam

Private equity investment gathers pace in Vietnam

Private equity funds have been gathering pace in Vietnam to capitalize on what the fast-growing economy, with an almost 100 million population, can offer.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7