Vietnam could overtake Indonesia to become the world’s largest corn importer if import of the farm produce continues to grow as strongly as this year, heard a conference on agriculture in HCMC last week.

There are two paths for the leaders of state-owned enterprises (SOEs) to follow after SOEs equitized, either becoming hired workers or civil servants at state agencies. In fact, there is another choice – retirement.

The Electricity of Viet Nam Group last week said it had divested from many companies.

Vietnam’s economy will continue to recover next year but at a slower pace, said Nguyen Dinh Cung, president of the Central Institute for Economic Management (CIEM).

The Ministry of Transport divested from non-core businesses in 36 State-owned enterprises underits management in the first 10 months of this year, collecting nearly VND2.4 trillion (US$107 million).  

Substantial infrastructure development is turning the northern port city of Haiphong into an attractive destination for investment.