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Viglacera Corp., Vietnam’s biggest construction materials producer, plans one of the largest foreign stake sales by a state-owned company to help triple export revenue in the next five years.
Analysts at a recent economic conference in Ho Chi Minh City presented a brighter economic outlook for Vietnam this year, naming a number of industries that have begun to bounce back.
The stagnant property market is showing signs of livening up with major transactions taking place after many years.
Vietnam’s manufacturing remained positive for the sixth straight month February with new orders and production increase, HSBC said in a report.
Indonesia plans to woo companies from Japan to Europe as political turmoil in Thailand and rising wages in Malaysia boost the attractiveness of Southeast Asia’s biggest economy.