Review Category : The Latest News & Events

The Ministry of Finance (MoF) has urged some State-owned enterprises (SOEs) to hasten their equitisation and divestment plans, as progress remains slow and might fail to meet their deadlines this year.

The MoF reported that authorities approved equitisation plans for only five SOEs in the first five months of this year, while the Government set to equitise at least 85 SOEs this year.

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When New Yorker Neal Bermas was planning a trip around Asia in 1999, he chose HCM City as one destination among several. He did not expect that his encounters with homeless and street children here would become the first chapter in the story of his attachment to Vietnam. With his years of experience in the hotel and restaurant business, he founded a non-governmental organisation (NGO) called STREETS international to provide vocational training to at-risk children in Hoi An. He spoke with An Vu on the establishment of STREETS and its future

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Ho Chi Minh City/Vietnam, May 15, 2018 – Warburg Pincus, leading global private equity firm focused on growth investing, and Becamex IDC Corp, the largest industrial real estate developer in Vietnam, announced today the official launch of their joint venture BW Industrial Development Joint Stock Company (“BW Industrial”) in Vietnam. With over 2,000,000 square meters of projects under development and initial investment of over US$200 million, BW Industrial is the largest ‘for-rent’ industrial and logistics developer in Vietnam.

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The Communist Party of Vietnam (CPV) will focus its efforts on reforms, striving towards a “contingency of officials with competence, virtue, and reputation befitting their duties.”

This commitment manifested clearly in the Resolution of the 7th plenary meeting of the 12th Central Committee that concluded on May 12, and was signed into effect by the Party’s leader Nguyen Phu Trọng on Saturday.

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The use of e-Government would help fight corruption, push administrative reform and improve the investment environment, said Prime Minister Nguyen Xuan Phuc.

The sluggish building of e-Government will lead to low productivity and backwardness, the PM said at a working session on e-Government building with representatives of several ministries, agencies and the national committee on IT application in building the e-Government in Hanoi on Monday.

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