Archive for September, 2006
Vietnam’s Global Competition Ranking Falls
A few days ago, the World Economic Forum (WEF) have issued a report on Global competitiveness for year 2006
WEF has always been providing reports on the competitiveness of economies in the world for the past 27 years. For this year, it has collected opinions from 11,000 business leaders from 125 economies worldwide to make this [...]
September 29, 2006
Posted in: ASIA PACIFIC REGION, Vietnam 
No Comments
Vietnam And China Business Forum
The first business forum between Vietnam and China has been held last Wednesday whereby an agreement on the development of small and medium sized- enterprises was signed between the Vietnam Planning and Investment Ministry and the State Development and Reform Commission of China.Â
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What is interesting is that at the forum, Vietnamese Deputy Prime Minister Nguyen [...]
September 28, 2006
Posted in: Vietnam No Comments
Singapore-based Overseas-Chinese Banking Corp (OCBC) Acquired 10 percent of VPBank
The State Bank of Vietnam Wednesday has approved Singapore-based OCBC to buy 10 percent stake for around $15.7 million in the Hanoi-based Vietnam Commercial Joint Stock Bank for Private Enterprises, or VPBank, after consideration of the foreign bank’s profile.Â
OCBC in future, intends to increase its share in VPBank to 20 percent to become the foreign [...]
September 28, 2006
Posted in: Singapore, Vietnam No Comments
Singapore Brewer Takes-over Foster’s Vietnam assets
Singapore–based Asia Pacific Breweries Ltd (APB) started in Vietnam in 1991 by joining forces with Ho Chi Minh City-based Saigon Trading Corp. to set up Vietnam Brewery Limited (VBL).Â
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APB has acquired Foster Group’s breweries in Vietnam for US$105 million under the August deal. The agreement has brought in an exclusive right for APB to manufacture [...]
September 28, 2006
Posted in: Singapore, Vietnam No Comments
Vietnamese Companies Wanting to list stocks on foreign markets through ‘backdoor’
Cavico Corporation, through backdoor listing, has become the first Vietnamese company listed on a US stock market.
Cavico merged with Agent 155 Media Group, a San Diego-based company. Since May 2006, under the stock code CVCP, Cavico has been the first Vietnamese company listed on the America Pink Sheets market.
The foreign listing has helped Cavico build [...]
September 28, 2006
Posted in: Vietnam No Comments
Malaysian Firm To Build Stations On Gas Pipeline
PetroVietnam and the Malaysian company, Nacap Asia Pacific Sdn Bhd, inked an equipment procurement and construction (EPC)Â
Nacap Asia Pacific would design, purchase, build and operate on a trial basis three gas distribution stations in Phu My, Nhon Trach and Hiep Phuoc districts.Â
The pipeline would carry gas from the Cuu Long and Nam Con Son basins [...]
September 28, 2006
Posted in: Vietnam No Comments
Pharmaceuticals Distribution In Chaos?
If you a pharmaceutical related company that wish to invest in Vietnam, do take note of what have been reported in Viet Nam News ( 27/09/06):
“ The distribution of pharmaceuticals in Viet Nam is overly complex and has too many wholesalers acting as middlemen, Medicines were sold through a myriad of agents and around 18,000 [...]
September 28, 2006
Posted in: Vietnam No Comments
