FastGo to launch ride-hailing services in Danang (Wednesday, September 5,2018)
Ride-hailing service firm FastGo has announced plans to roll out services in the central coastal city of Danang on September 10, comprising FastBike, FastCar and FastTaxi. Besides this, it will organize reward programs for its driver-partners who earn a high income and demonstrate good performance.
Company to invest VND700 billion in Nga Bay floating market (Wednesday, September 5,2018)
A company has proposed to the authorities of the Mekong Delta province of Hau Giang a plan to develop tourism at the local famous Nga Bay floating market, Nga Bay town, at a cost of more than VND700 billion (nearly US$30 million).
UNIQLO to open first store in Vietnam next year (Tuesday, September 4,2018)
Japanese casual clothing retailer UNIQLO unveiled its plans to open its first store in Vietnam during the fall of 2019, marking its further expansion in Southeast Asia.
K-Foorand Vietnam 2018 brings 11 leading Korean brands to Hanoi (Tuesday, September 4,2018)
Eleven leading food brands from the Republic of Korea (RoK) will hit the shelves of Vinmart supermarkets in Hanoi for the first time within the framework of K-Foorand Vietnam 2018.
VinaCapital splash out on Tam Tri Medical Group (Tuesday, September 4,2018)
The Vietnam Opportunity Fund (VOF), managed by VinaCapital Group, on August 31 announced its US$25 million investment in the Tam Tri Medical Group, which owns four private hospitals in Da Nang, Nha Trang city, Ho Chi Minh City and Dong Thap province.
Sabeco ticker perks up after dividend announcement (Friday, August 31,2018)
After Saigon Alcohol, Beer and Beverage Corporation (Sabeco) announced paying dividend, its share valuation saw an increase by approximately VND7,000 per share to VND220,000 ($9.7).
Young businesses create 3 million jobs in three years (Thursday, August 30,2018)
Nearly 10,000 members of the Vietnam Young Entrepreneurs Association (VYEA) created three million jobs in 2015-18, the group said at their sixth national congress in Ha Noi on August 27.
Savipharm recognized as sci-tech firm (Thursday, August 30,2018)
Savi Pharmaceutical JSC (Savipharm) was granted a science-technology certificate by the HCMC Department of Science and Technology on August 27, making it the first pharmaceutical firm to obtain the certificate, and benefiting from many incentives offered by authorities.
Toyota Vietnam announces know-how program 2018 (Wednesday, August 29,2018)
Toyota Motor Vietnam (TMV) in cooperation with Hanoi University of Science and Technology (HUST) has announced to implement the Monozukuri Program – Know-how to success in manufacturing and business 2018.
B.Grim acquires Phu Yen solar power project for $35.2million (Tuesday, August 28,2018)
B. Grimm Power Plc. has completed the $35.2 million acquisition of solar photovoltaic power project in Vietnam as part of the expansion of its portfolio of overseas renewable power projects.
Vinacomin aims to produce 41 tonnes of coal in 2019 (Tuesday, August 28,2018)
The Viet Nam National Coal and Mineral Industries Group (Vinacomin) aims to produce and sell 41 tonnes of coal in 2019, posting a 10-15 per cent year-on-year increase.
Hoang Gia Seafood to import South Korean abalone (Monday, August 27,2018)
Hoang Gia International Trading Seafood JSC, which specializes in supplying seafood to large-scale restaurants and hotels in Vietnam, signed multiple deals with South Korean firms on August 23 for importing seafood into Vietnam.
Domestic firms still sidelined (Monday, August 27,2018)
While billions of dollars is spent annually importing auto parts for assembly at home, Vietnam exports a roughly equivalent value of spare parts for automobiles, motorbikes and motor vehicles every year. However, export in this field is just a playground of foreign businesses. Domestic enterprises are basically still outsiders.
Vina One Steel Company: Effort to confirm Vietnamese brand (Monday, August 27,2018)
To build a solid foothold and reach its current success, Vina One Steel Company has overcome numerous difficulties and slips. And, Vina One Steel is now a popular name to consumers. The ingenious leadership of the Executive Board and the valuable devotion of the staff are bringing Vina One Steel closer to the position of being a leading steelmaker in Vietnam and Southeast Asia.
NutiFood enters Vietnam’s instant coffee market (Sunday, August 26,2018)
Nutrition and dairy-processing company NutiFood Vietnam entered the domestic instant coffee market today, August 22, with the launch of Nuticafé iced coffee.
Hoang Anh Gia Lai to expand banana farming for China export (Saturday, August 25,2018)
Hoang Anh Gia Lai Agriculture Jsc is set to invest in another 5,000 hectares of land in Cambodia to grow bananas for export to China.
Vingroup establishes sci-tech fund (Saturday, August 25,2018)
Vietnam’s largest property developer, Vingroup, has established a fund worth VND1 trillion (US$42.9 million) to support research projects on science and technology applications, according to local media.
Digiworld to distribute PNKids gummy candies (Friday, August 24,2018)
Digiworld Corporation on August 22 signed a cooperation agreement with U.S.-based Incontech Group to distribute PNKids gummy candies in the Vietnamese market.
ABB celebrates 25-year legacy in Vietnam (Friday, August 24,2018)
ABB, a pioneering technology leader in power grids, electrification products, industrial automation, and robotics and motion, celebrates its 25th year in Vietnam this August.
Bosch signs partnership agreement on workforce training (Friday, August 24,2018)
Bosch, a leading global supplier of technology and services, signed a memorandum of understanding (MOU) today, August 22, with the Directorate of Vocational Education and Training, international cooperation agency GIZ and LILAMA 2 International Technology College to establish a public-private partnership on a project titled, “Integrating Requirements Resulting from Industry 4.0 in TVET in Vietnam.”
Six South Korean firms invest in Quang Ngai (Thursday, August 23,2018)
Six enterprises from the Republic of Korea on Wednesday officially held a groundbreaking ceremony at the Dung Quat Economic Zone and received investment certificates from the central province of Quang Ngai.
LotteMart plans to consume 6 tons of Son La longans (Thursday, August 23,2018)
The 2018 Son La longan and safe farm produce week which opened at LotteMart Ba Dinh and LotteMart Dong Da in Hanoi on August 20 is the final event in a series of four activities to promote the consumption of Son La longans and safe agricultural products in the capital city.
PHI Group enters competition in Vietnamese real estate market (Wednesday, August 22,2018)
Through the co-operation with Hanoi MHD JSC, PHI Group, a diversified holding company from the US focused on mergers and acquisitions and investments in numerous sectors, will establish solid operations in the real estate market and development in Vietnam.
OCB issues over US$39.6 million worth of shares (Wednesday, August 22,2018)
The Orient Commercial Joint Stock Bank (OCB) has successfully issued shares worth more than VND900 billion (over US$39.6 million) to increase its chartered capital.
Vinalines to launch IPO in September (Tuesday, August 21,2018)
Vietnam National Shipping Lines (Vinalines) will launch its initial public offering (IPO) on September 5, in a bid to sell over 488 million shares, equivalent to a 34.8% stake, reported news site VietnamPlus.
FLC launches Bamboo Airways (Tuesday, August 21,2018)
Bamboo Airways’ first flights are scheduled for October and the airline plans to open 37 domestic and international routes in the future.
Masan buys tungsten facility for US$29 million (Monday, August 20,2018)
Nui Phao Mining Company Ltd has acquired Germany-based H.C.Starck GmBH’s 49% stake in Nui Phao – H.C.Starck Tungsten Chemicals Manufacturing LLC (NHTCM) for US$29.1 million.
Vinh Hoan exports jump in July (Monday, August 20,2018)
Seafood processor Vinh Hoan Corporation has announced its July exports rose 36 per cent year on year to US$37 million.
Viet Thanh Long An Steel Company: To built brand by quality and prestige (Monday, August 20,2018)
Viet Thanh Long An Steel Company, set up 14 years ago (in 2004), has gradually secured its foothold and reputation on the market with diverse and popular products. Its current strong position is built on a long persistent journey.
Sendo raises US$51 million in Series B funding (Sunday, August 19,2018)
Sen Do Technology JSC, the operator of Vietnamese customer-to-customer marketplace Sendo, has announced that it has secured an investment of $51 million in Series B funding led by the SBI Group from Japan, with SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures as new investors.