In addition, many northern provinces have accelerated the process of issuing cultivation area codes for a variety of specialty fruits in order to increase the added value. As a result, in 2020, many types of fruit will be exported through official channels to quality markets at prices many times higher than before, such as lychee exported to Japan, longan exported to Australia, and dragon fruit exported to the US. These results have contributed to bringing Vietnam’s agricultural, forestry and fishery export turnover to a record US$ 41.25 billion in 2020 in the context of the agricultural sector facing many challenges due to natural disasters and epidemics. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25
Funding a start up business
Vietnamese firms thrive despite divestment of foreign shareholders
Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems. Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest. Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014. The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders
M&A in real estate remains robust
Foreign investors need to review different channels. Some deals were nearing completion but have still failed due to legal issues. The integration post-COVID-19 pandemic is another problem. When we must restructure to avoid confusion but in my opinion, it is necessary to change governance structures to ensure a smooth transition between buyers and sellers. … [Read more...] about M&A in real estate remains robust
