A court in the UK has found that FitzWalter Aviation Holdings, which had a leasing agreement with Vietnam’s Vietjet, had the right to cancel said lease back in 2021. Vietjet had argued that the lease termination was illegal and had refused to allow four aircraft to be repossessed. The judgement

Vietnam’s Hoa Phat Steel: Stock Review

Huong Nguyen August 9, 2024

While the challenges are evident, the potential of Hoa Phat’s Dung Quat 2 complex to drive future growth cannot be ignored. This complex is expected to start operating in early 2025, targeting an annual production capacity of 5.6 million tons of steel, including 4.6 million tons of HRC and 1 million tons of specialty steel. This could potentially stimulate revenue, and profits, making Hoa Phat an intriguing investment prospect.

Indian pharmaceuticals firms planning US$200 million investment in Vietnam

the-shiv August 9, 2024

Indian pharmaceutical giants SMS Pharmaceuticals and Sri Avantika Contractors are considering establishing a US$200 million plant in a manufacturing park in Thanh Hoa province. The project has already attracted around 50 potential secondary investors, according to Vietnam Investment Review. Of note, Vietnam’s pharmaceuticals market is projected to reach approximately US$2.4

Vietnam News Roundup: August 2 to August 8

Mark Barnes August 9, 2024

This week’s Vietnam news roundup covers foreign trader stock market activity, bad debts, the latest manufacturing developments, the Big Mac Index, EU standards warning on Vietnam produce exports, Vietnam’s outbound FDI and more…