There is a growing need to better integrate and connect domestic markets to ensure that any potential slowdown in exports can be offset by higher domestic demand.
The government continues to support private investors participate in major transportation projects under the form of public-private partnership (PPP).
Changing the procurement method to domestic bidding would help “ensure national security and enhance capacity of Vietnamese enterprises in fields of infrastructure development,” said the Ministry of Transport.
The move is aimed to promote private investors taking part in government projects, which are in need of resources for efficient implementation.
Since last June, 33 listed Chinese companies have informed China's two stock exchanges of their plans to follow their foreign counterparts out of the country to mitigate the prolonged trade war between China and the US.
Over the past 10 years, M&A activities in Vietnam have been growing strongly and become an indispensable part of the investment – business ecosystem in Vietnam.
Vietnam’s economy maintains rapid growth rate despite facing growing risks and uncertainties from global trade.
Targeted destinations for the company include key economic hubs like Ho Chi Minh City, Hanoi and Haiphong, as well as high-growth areas like Danang, Phu Quoc, Nha Trang, Cam Ranh and Hoi An.
Manufacturing shift from China will continue for the time being regardless of the situation concerning the trade war, given China’s current low fertility rate, higher labor costs and overly concentrated risks of production.
Following the agreement, Auchan would hand over its 18 super markets and e-commerce platform to Saigon Co.op.
About 70% of the initial revenue is expected to come from VIP gamblers, but Suncity is confident Vietnam’s economy is strong enough to bring in more mass gamblers.