Vinacomin posts record profit of nearly US$150 million in nine months (Thursday, October 18,2018)
On Tuesday, Viet Nam National Coal and Mineral Group (Vinacomin) reported a record profit of VND3.5 trillion (nearly US$150 million) in the first nine months of this year.
Co.opmart Dinh Tien Hoang to close its doors (Wednesday, October 17,2018)
A Co.opmart supermarket on Dinh Tien Hoang Street in HCMC’s Binh Thanh District, earning some VND2 billion in revenue per day from average traffic of 80,000 customers, will shut down on October 25 to hand over the premises as required by the landlord, reported Nguoi Lao Dong newspaper.
Local company to ship last batch of Fired Heaters to Uzbekistan (Wednesday, October 17,2018)
Lilama 69-1 JSC, a subsidiary of Vietnam Machinery Installation Corporation – JSC, will ship 700 tonnes of Fired Heaters to Uzbekistan in November.
Singaporean enterprises seek opportunities in Vietnam (Tuesday, October 16,2018)
A Singaporean mission of nearly 20 firms will visit Vietnam from October 15 to 19 to sound out cooperation prospects. The trip is jointly held by the Vietnam Trade Office in Singapore, the Malaysia-Singapore Chamber of Commerce and Industry and the Singapore Business Federation.
TH Group imports 1,800 more dairy cows from US (Tuesday, October 16,2018)
Vietnamese dairy firm TH True Milk (TH Group) on October 14 received nearly 1,800 dairy cows of 3 or 5-month pregnancy which were inseminated through embryo transfer from US’ high-yield dairy cow Holstein Friesian.
Viettel launches Viettel Business Solutions Corporation (Tuesday, October 16,2018)
Viettel Group on Monday in Ha Noi officially announced the establishment of the Viettel Business Solutions Corporation, marking a move into its so-called fourth development stage.
Firms aim to boost official farm exports to China (Monday, October 15,2018)
Many Vietnamese firms want to boost exports of agricultural products to China via official channels to gain higher value and avoid risks from unofficial cross-border trade, but face a number of difficulties in seeking to bring their trade above-board.
City honours outstanding firms, entrepreneurs (Monday, October 15,2018)
Nearly 200 enterprises and entrepreneurs in HCM City were awarded for their outstanding achievements at a ceremony held in the city on Saturday.
Vietnam Airlines launches in-town check-in service (Monday, October 15,2018)
Vietnam Airlines began offering its passengers an in-town check-in service beginning October 10.
Japanese firms wish to cooperate with Vietnamese partners (Saturday, October 13,2018)
Japanese firms expressed their desire to cooperate with Vietnamese partners during the Vietnam – Japan trade exchange in Ho Chi Minh City on October 11.
Giant livestock processing factory opens in Dong Nai (Saturday, October 13,2018)
The GreenFeed Viet Nam Corporation and the Dong Nai Food Industry Company on Wednesday inaugurated a processing factory in Trang Bom District, Dong Nai Province.
Ovaltine launches chocolate buckwheat beverage with DHA (Saturday, October 13,2018)
Ovaltine, a well-known instant malted drink producer, has introduced its chocolate buckwheat drink containing docosahexaenoic acid (DHA), a nutrient essential to the brain development of children from three to six years old.
Hapro strikes rice export deals at world rice conference (Friday, October 12,2018)
The Hanoi Trade Corporation (Hapro) has inked three contracts to export rice to Malaysia and the US worth nearly US$2.5 million during an ongoing international rice conference.
Metalex Vietnam 2018 attracts 14 Japanese businesses (Friday, October 12,2018)
The Tokyo SME Support Center will join Vietnam Int'l Machine Tool & Metalworking Solutions Expo (Metalex Vietnam 2018) which will take place at Saigon Exhibition & Convention Center (SECC) on October 11-13.
Russia’s Ural Airlines proposes route to Phu Yen (Thursday, October 11,2018)
Ural Airlines, Russia’s fourth largest carrier, has proposed an air route connecting Russia with the south central province of Phu Yen, baodautu.vn reported.
Vietjet launches three new routes to Japan (Thursday, October 11,2018)
Vietjet on Wednesday announced three new international routes linking Viet Nam with Japan, in a move accelerating the growth of tourism and trade between the two countries and across the region.
SMEs urged to make innovations (Thursday, October 11,2018)
Deputy Prime Minister Truong Hoa Binh has urged small- and medium-sized enterprises (SMEs) to innovate to take advantage of industry 4.0 and engage in the global value chain. Binh made the call at the Viet Nam Association of SME’s ceremony held on Tuesday in Ha Noi to celebrate Viet Nam Entrepreneur’s Day (October 13th).
Seafood enterprises advised to boost domestic consumption (Wednesday, October 10,2018)
Enterprises should make changes to their aquatic product processing and manufacturing to serve the domestic market of some 97 million consumers besides export markets, Nguyen Quoc Toan, acting head of the Agro Processing and Market Development Authority, said at a seminar on October 8.
Bamboo Airways postpones maiden flight (Wednesday, October 10,2018)
Bamboo Airways, a subsidiary of property developer FLC Group, will launch its first flight at the end of this year instead of on October 10 as the company has yet to complete business registration procedures, news website Vietnamplus reported, citing Bamboo Airways General Director Dang Tat Thang.
European firms upbeat about free trade pact with Vietnam (Wednesday, October 10,2018)
Nine out of ten European companies want the European Union-Vietnam Free Trade Agreement (EVFTA) to be implemented next year, or as soon as possible thereafter, according to a report released by the European Chamber of Commerce in Vietnam (EuroCham).
RoK Group buys 9.5% stake in Masan Corporation (Wednesday, October 10,2018)
Masan Group Corporation has announced the completion of SK Group’s purchase of 109.89 million of its treasury shares at VND100,000 (US$4.28) per share for a total consideration of US$470 million.
SHB honoured as best bank for corporate social responsibility (Tuesday, October 9,2018)
The Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) has been honoured by the financial publication Asiamoney as the best bank for corporate social responsibility in Vietnam.
PVTrans’ pre-tax profits soar over nine months (Tuesday, October 9,2018)
The pre-tax profit of the PetroVietnam Transportation Corporation (PVTrans) hit VND540 billion in the first nine months of this year, 42% higher than the same period last year and meeting the target set for this year.
Vietnam Airlines teams with Vingroup to create aviation, tourism products (Tuesday, October 9,2018)
National flag carrier Vietnam Airlines and Vietnam’s largest property developer, Vingroup, clinched a cooperation agreement to develop combined aviation and tourism products across their entire network of flight routes and Vinpearl lodging facilities, at a meeting in the capital city of Hanoi this Thursday, October 4.
VietBank to raise charter capital before listing on UPCoM (Monday, October 8,2018)
The Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank) targets to list its shares on the Unlisted Public Company Market (UPCoM) within a year of increasing charter capital to more than VND4.25 trillion (US$181 million) in 2018.
Vinalines to debut on UPCoM on October 8 (Monday, October 8,2018)
State-owned shipping firm Vietnam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8, announced by the Hanoi Stock Exchange.
Sun Life Vietnam wins the “Best Life Insurance Solutions Provider - Vietnam 2018” Award - IFM (Sunday, October 7,2018)
On September 24, Sun Life Vietnam Insurance Company Limited (“Sun Life Vietnam”) has been named the “Best Life Insurance Solutions Provider – Vietnam 2018” by the International Finance Magazine (IFM).
HGS: Better than the best (Sunday, October 7,2018)
The Hanoi Ground Services Joint Stock Company (HGS) considers the punctuality of flights and the quality of passenger service as major and decisive factors for its development.
SMEs urged to join value chains (Saturday, October 6,2018)
Better supplier-buyer relations with multinationals located in Viet Nam would help small- and medium-sized enterprises gain access to electronics global value chains, experts have said.
FPT establishes partnership with Shinhan bank in ICT, finance (Saturday, October 6,2018)
Local technology corporation FPT on October 4 signed a memorandum of understanding (MoU) on strategic cooperation in digital banking with Shinhan, South Korea’s largest bank, at Shinhan’s headquarters in Seoul.