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Tag Archives: Vietnam&#039s

Vietnam's FPT eyes US to increase global presence: report

Vietnamese top IT company FPT has identified the US as an important market to expand its overseas presence, according to a Nikkei Asian Review report. FPT hopes to have some mergers and acquisitions worth US$ 50-100 million in the US, where its revenue growth is about 45 percent this year, ...

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Vietnam's dong falls a sixth week as Fed rate hike draws near

Vietnam’s dong fell for a sixth week, the longest run of declines since April, after the U.S. signaled it’s close to raising interest rates just as sentiment toward the currency deteriorates amid widening deficits. The fiscal shortfall in the Southeast Asian economy has exceeded the government’s full-year target, while the ...

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Vietnam's fund manager acquires US distributor of Saigon beer

More Saigon beer products are expected to be shipped to the US, following the takeover of the US distributor Heritage Beverage. File photo Ho Chi Minh City-based Saigon Asset Management Corporation has struck a deal to acquire Heritage Beverage, the sole distributor of the popular Saigon beer in Canada and ...

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Vietnam's biggest airport project faces financial hurdle

Soon after it was approved by legislators, the Long Thanh Airport project has faced its first hurdle: a possible lack of funding for site clearance. Authorities in the southern province of Dong Nai, where the airport will be located, announced at a meeting on Friday that it has sought the government’s ...

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