Chinese furniture firms to boost investment in Vietnam (Monday, December 11,2017)
Many Chinese furniture producers, especially those from Tianjin City, have plans to step up investment and trade ties with Vietnamese companies, said Gao Xi Zhi, chairwoman of the Tianjin Furniture Association.
USG Boral adds US$20 million investment (Monday, December 11,2017)
USG Boral, a leading producer of building materials, announced on December 7 to invest an additional US$20 million in its plant at Hiep Phuoc Industrial Zone in Nha Be District, HCMC.
BSR inks crude oil supply agreements with Socar, Glencore (Monday, December 11,2017)
Binh Son Refining and Petrochemical Co. Ltd. (BSR) has signed crude oil supply agreements with two trading companies – Glencore Singapore and Socar Trading SA – to supply the Dung Quat refinery for the 2018-25 period.
Nestlé Vietnam receives a Sustainable Business title (Monday, December 11,2017)
Swiss-backed food and beverage company Nestlé Vietnam has recently received the title of Sustainable Business 2017 at an annual ranking programme in Hanoi.
FPT starts work on university and software park in Can Tho (Sunday, December 10,2017)
FPT Group on December 6 commenced construction on a FPT University campus and a software park inside a complex in the Mekong Delta city of Can Tho with a total investment of VND1.4 trillion (US$61.64 million).
GoBear Vietnam receives 1 mil online visitors within first year of operation (Sunday, December 10,2017)
GoBear Vietnam was closing on the 1,000,000 visitor mark on December 7 after a single year of operations in Vietnam. GoBear keeps improving and will add an enhanced credit card comparison function in January 2018.
Amway Vietnam recognized as sustainable business for 2nd time (Saturday, December 9,2017)
Amway Vietnam has for the second time been recognized as one of the top 100 sustainable businesses in Vietnam by the Vietnam Business Council for Sustainable Development (VBCSD) under the Vietnam Chamber of Commerce and Industry (VCCI).
Lazada to close the year with a bang (Saturday, December 9,2017)
On December 11-14, Lazada will hit the reset button for the annual sales season named “Online Revolution” following the previous successful mega sales dated on November 9-11 with 1.5 million products sold within three days.
Samsung Electronics Viet Nam tops largest firms list (Friday, December 8,2017)
Samsung Electronics Viet Nam has overtaken Viet Nam National Oil and Gas Group (PetroVietnam) to become the largest firm in Viet Nam in 2017.
Viet Nam’s 100 most sustainable firms honored (Friday, December 8,2017)
Viet Nam’s 100 most sustainable businesses of 2017 were announced at a ceremony in Ha Noi on Wednesday.
Masan seen buying out Vinacafé Bien Hoa (Thursday, December 7,2017)
Masan Beverage, a subsidiary of Vietnam’s fast-moving consumer goods giant Masan Group Corporation, intends to offer a bid to buy out Vinacafé Bien Hoa JSC, according to a notice sent to the State Securities Commission on December 5.
FPT cooperates with Japan partner to offer tech solutions (Thursday, December 7,2017)
Vietnamese tech firm FPT Corporation and Japan’s Daiwa Institute of Research Holdings Ltd on December 5 struck a strategic cooperation agreement on research and development of new technology solutions.
VN telecom providers reports positive business results (Thursday, December 7,2017)
Vietnamese telecommunication companies achieved positive business results in the first 11 months of this year, according to the Ministry of Information and Communications.
Vietnamese, Spanish firms attend networking conference (Wednesday, December 6,2017)
Representatives from almost 120 Vietnamese and Spanish enterprises participated in a get-together in Hanoi on December 5 to mark the 40th founding anniversary of diplomatic ties between the two nations.
Vietnam Airlines welcomes 200 millionth passenger (Wednesday, December 6,2017)
National carrier Vietnam Airlines organised a ceremony to welcome the 200 millionth passenger at Tan Son Nhat International Airport, HCM City, on Tuesday.
Vietnam Airlines joins hands with Bangkok Airways (Tuesday, December 5,2017)
National carrier Vietnam Airlines (VNA) will enter into a codeshare agreement with Bangkok Airways to operate flights between Viet Nam and Thailand.
Hoa Phat to build post-tensioning steel plant (Tuesday, December 5,2017)
Hoa Phat Group has decided to invest VND1 trillion (US$43.9 million) in building a high quality post-tensioning steel factory, Vu Thi Anh Tuyet, deputy director of Hoa Phat Equipment and Accessory Company Limited, said.
Brand valuation still a novel concept for VN firms (Tuesday, December 5,2017)
No Vietnamese name figures in the list of top 500 world brands, showing that enterprises here are yet to fully realise the importance and value of branding in a globalising market. The brand equity of some firms carries greater value than their physical assets, noted Vu Ba Phu, director of VIETRADE, the department of trade promotion, said at a forum in Ha Noi yesterday.
Japanese firm gets nod to build US$2.58-billion thermal power plant (Monday, December 4,2017)
Japan’s Sumitomo Corporation has gained an investment certificate to develop Van Phong 1 thermal power project worth US$2.58 billion in the central coast province of Khanh Hoa.
Samsung seeks more Vietnamese part suppliers (Monday, December 4,2017)
The increasing number of Vietnamese suppliers who provide parts and components to Samsung would not only help Samsung Vietnam (SEV) reduce its production costs, but also develop the country’s auxiliary industry, according to Kim Dong Hwan, SEV’s deputy general director.
Korean firms eye Viet Nam partners (Monday, December 4,2017)
The companies are in sectors like cosmetics; food including soybean paste, soy sauce, dried shiitake mushroom, black garlic, and snacks; beverages; and agricultural produce like rice, fruits, and ginseng.
VNA, Polish Airlines ink co-operation agreement (Friday, December 1,2017)
Vietnam Airlines (VNA) and LOT Polish Airlines signed a co-operation agreement on Wednesday to bring more benefits and travel options to their passengers.
Phuc An affirming brand name by product quality (Thursday, November 30,2017)
Be the headquarters of Vietnam's cashew industry, both the local government and the business community have still struggled to seek ways to increase the value of cashew trees. With the passion for cashew trees and the desire for the sustainable development of the cashew industry, Phuc An Co., Ltd took the lead in investing modern factory, applying scientific and technological achievements into production, and gradually solved the hard quiz of adding value to cashew trees.
An Dien Co., Ltd to make fine impressions on customers (Thursday, November 30,2017)
“Faithfulness” and “kindness” have been the servicing principles of An Dien General Trading Co., Ltd during 20 years of operation. On that journey, the company is proud of being led by devoted and talented Nguyen Thi Kim Lien, Director of An Dien General Trading Co., Ltd and Chairwoman of the Thanh Khe Business Association, Da Nang City. The company is confident to achieve new remarkable results in the coming time and become a reliable choice for domestic and foreign customers.
Vissan retails pork at wholesale prices (Thursday, November 30,2017)
Vissan, Vietnam’s leading meat processor, on November 28 inaugurated its first outlet to retail pork at wholesale prices on Bui Huu Nghia Street in Binh Thanh District, HCMC.
AkzoNobel acquires V.Powdertech business to strengthen presence in Southeast Asia (Thursday, November 30,2017)
AkzoNobel has agreed to acquire the business of V.Powdertech Co., Ltd., the leading Thai manufacturer of powder coatings supplying a range of products for domestic appliances, furniture, and general industrial applications, to strengthen its power coatings business in Southeast Asia.
Foreign firms dominate VN electronics (Thursday, November 30,2017)
Although Viet Nam is the world’s 12th-largest exporter of electronics and the third-largest in ASEAN since 2015, up to 95 per cent of the country’s electronics output comes from foreign-owned enterprises instead of domestic ones, the Central Institute for Economic Management (CIEM) announced on Tuesday.
Siemens fosters next generation of digital talent in Vietnam (Wednesday, November 29,2017)
Hanoi University of Science and Technology and German industrial giant Siemens last week signed a Memorandum of Understanding to promote mutual co-operation in science and technology development towards Industry 4.0.
15 Vietnamese banks listed among Asia Pacific’s strongest (Wednesday, November 29,2017)
Fifteen Vietnamese banks have recently been named in The Asian Bankers’ AB500 ranking and survey of Asia Pacific’s strongest banks.
Argentinean businesses explore opportunities in Vietnam (Wednesday, November 29,2017)
Eleven Argentinean businesses trading in beef, goat meat, pork, seafood, cereals, and soya beans will attend meetings with prospective Vietnamese partners in Ho Chi Minh City on November 29 and in Hanoi on December 1.