
It is set to buy a 49 percent stake in a leading local firm

Analysts said it was unable to compete with the increasingly dominant Vietnamese chains

They were promised $178 a month but have received around $130 or less

He hopes the US will become the biggest foreign investor in the city and Vietnam

The park's management has been accused of cutting water to punish tenants who refuse to pay the fee

The Vn Index will extend gains to about 642 by the end of 2016, acording to a Bloomberg survey

"We need to make the stock market more dynamic, but ... we also need to strengthen regulation of the market."

All Southeast Asian stock markets post losses in 2015 except for Vietnam.

Details on ownership ratios, scopes of investment

An analysts said the sale could raise US$814 million

The deal is said to increase Vietnammm's share in the local food ordering service to 90 percent

But the rapidly appreciating bank shares have prompted concerns about relying too much on foreign investors

Investment applications will be approved faster and more transparently, the city says

“Attracting investment from the US is very important in the context that we want to attract higher quality projects.”

Surprise move came nearly 2 years after they won a competitive bidding process