Viettel, SCIC to sell all stakes in Vinaconex JSC (Friday, November 2,2018)
Telecom giant Viettel and the State Capital Investment Corporation(SCIC) will auction off all their stakes in the Vietnam Construction and Import-Export JSC (Vinaconex), according to the Hanoi Stock Exchange (HNX).
PropertyGuru buys into Vietnamese real estate portal (Thursday, November 1,2018)
Singapore-based real estate technology company PropertyGuru Group on October 31 announced it has injected investment into Vietnamese property portal Batdongsan.com.vn. With this investment, the Singaporean firm has officially become the major shareholder, taking full control of the local property site.
VN firms post low working capital efficiency (Thursday, November 1,2018)
Viet Nam’s listed companies lag behind firms in most world regions in terms of working capital performance, the latest study of auditor PricewaterhouseCoopers (PwC) Vietnam has revealed.
PetroVietnam calls on Government support for Block B-O Mon gas project (Thursday, November 1,2018)
PetroVietnam has called on National Assembly deputies to propose creating favourable conditions to speed up the Block B-O Mon Gas project which is behind schedule.
My Chau Printing and Packaging (MCP): profit equals 40 percent of annual plan in 9 months (Wednesday, October 31,2018)
My Chau Printing and Packaging Joint Stock Company (MCP) achieved VND77.5 billion revenue in the third quarter of 2018, down 5.7 percent compared with the same period last year.
Ricons reached over VND88 billion profit in Q3 (Wednesday, October 31,2018)
In the third quarter of 2018, Ricons Construction Joint Stock Company (Ricons) achieved consolidated sales of nearly 2.3 trillion dong and the profit after tax of its parent company (consolidated) reached 88 billion dong. In the first 9 months, the revenue reached more than VND5,33 trillion, profit after tax was VND214.8 billion, profit per share (EPS) was VND7,310.
TTC joins ED & F Man Sugar to bring organic sugar to Europe (Wednesday, October 31,2018)
TTC Attapeu, a subsidiary of Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC Sugar) signed a strategic cooperation with ED & F Man Sugar ( United Kingdom) on the consumption of organic sugar produced in Laos and the sale of sugars from 2018 to 2019 to the European market.
Bao Minh earned VND165 billion after tax profit in 9 months (Wednesday, October 31,2018)
Bao Minh Securities Joint Stock Company (coded BMI) reported that in the first nine months of 2018, the total revenue was 3,058 billion dong, equaling 70.8 percent of the year plan and increasing nearly 4.37 percent compared to the same period last year.
$72m garment factory opens in Nam Dinh (Wednesday, October 31,2018)
Bao Minh Garment and Textile Joint Stock Company on Tuesday inaugurated its new garment factory in the northern province of Nam Dinh.
BIDV’s pre-tax profit up over 30% in nine months (Wednesday, October 31,2018)
The Bank for Investment and Development of Vietnam (BIDV)’s pre-tax profit increased by 30.6% year-on-year to VND7.2 trillion (US$305.45 million) in the first three quarters of 2018.
Hapro signs agricultural contracts worth US$2 million (Tuesday, October 30,2018)
Hanoi Trade Corporation (Hapro) has signed contracts for exporting agricultural products worth about 2 million USD at the world’s largest food innovation exhibition SIAL Paris.
Auchan products to be sold on Lazada (Tuesday, October 30,2018)
Auchan Retail Vietnam and Lazada Vietnam, an Alibaba-owned online retailer, has recently signed a memorandum of understanding on strategic cooperation to allow customers to purchase French products online with rapid delivery through Lazada.
Vietnam Finance Co. Ltd in Hong Kong marks 40th anniversary (Monday, October 29,2018)
The Vietnam Finance Company Limited (VFC) in China’s Hong Kong, the first overseas financial institution of Vietnam, marked its 40th founding anniversary on October 26.
Vietnamese firms display fashion products at Hong Kong fair (Monday, October 29,2018)
Thirty-five leading manufacturers of handicrafts, garments, textiles, and fashion accessories and garment-related industries in Viet Nam are displaying their products at an international fair in Hong Kong that opened on Saturday.
Uniqlo acquires stake in Vietnamese fashion firm (Sunday, October 28,2018)
Japanese global apparel retailer Uniqlo has bought a 35% stake in Vietnamese fashion company Elise, said Tran Thi Thanh Thuy from the Multilateral Trade Policy Department under the Ministry of Industry and Trade.
Vietnam Airlines to use new-generation regional jet aircraft (Sunday, October 28,2018)
National carrier Vietnam Airlines plans to replace its fleet of ATR aircraft with new-generation regional jet aircraft containing about 100 seats in order to improve the efficiency of operation and service quality on short routes.
Vinamilk imports 200 more dairy cows (Saturday, October 27,2018)
The Vietnam Dairy Products Joint Stock Company (Vinamilk) imported more than 200 organic dairy cows from Australia in October.
Japanese firms explore Ha Nam’s investment environment (Saturday, October 27,2018)
A business delegation from Tokyo capital city of Japan had a working session with leaders of the northern province of Ha Nam October 25 to inquire about the local investment environment.
Saigon Construction Corporation always appreciate human factors (Saturday, October 27,2018)
With transparent, apparent and humane business operations, Saigon Construction Corporation (SGC) has confidently asserted its brand and position in the market. Particularly, the company succeeded in opening Nguyen Cuu Van Apartment with reasonable price and assured quality leading to the outstanding name of SGC on the real estate market.
Bai Bang Paper Company provides environment friendly products for customer (Friday, October 26,2018)
Knowing that producing paper is a sensitive sector to environment, Bai Bang Paper Company, a member of Vietnam Paper Corporation, has applied modern technologies for enterprise development.
Vietnam Oil and Gas Group tops Profit500 Ranking (Friday, October 26,2018)
The Vietnam Oil and Gas Group (PVN) returned to the first place in the Profit500 Ranking, a survey on the 500 most profitable companies in Vietnam in 2018.
National brands to be announced in December (Friday, October 26,2018)
The Ministry of Industry and Trade (MoIT) plans to announce the 2018 national brands in December.
Viettel, TH Milk win international awards (Thursday, October 25,2018)
Viettel Group’s online charging service called vOCS 3.0 won the gold winner for best new product or service of the year in telecommunications. The award was granted by International Business Stevie Awards in London on October 21.
Japanese firm joins US$35m project in Hanoi (Thursday, October 25,2018)
Japan-based firm Sanei Architecture Planning Co., Ltd, which is active in the real estate sector, has taken part in a joint venture with Leadvisors Capital Management to develop the Leadvisors Tower office block on Pham Van Dong Street, Hanoi City, at a total cost of US$35 million.
Vietnam Airlines to replace ATR aircraft fleet (Thursday, October 25,2018)
Vietnam Airlines is planning to gradually replace its ATR 72 twin turboprop passenger aircraft with jetliners configured with some 100 seats each to improve the effectiveness of its short-haul flights.
Vinasun seeks $1.8m compensation from Grab for ‘losses’ (Thursday, October 25,2018)
At a trial in HCM City on Tuesday a government prosecutor said ride-hailing company Grab’s operations have caused losses to taxi giant Vinasun.
Foreign animal feed firms expand in Viet Nam (Thursday, October 25,2018)
The animal feed industry, which is growing at 10-15 per cent annually, is highly attractive to foreign investors, who are steadily expanding their production.
Over 250 firms join VIIF 2018 (Wednesday, October 24,2018)
More than 250 domestic and foreign firms from various countries and territories are participating in the Viet Nam International Industry Fair 2018 (VIIF 2018) which opened its doors on Tuesday in the capital.
500 enterprises in HCM City trained to use 24/7 e-tax payment scheme (Wednesday, October 24,2018)
About 500 enterprises in HCM City have been trained to use a 24/7 e-tax payment system by the city’s Customs Department.
Vinafood 1, 2 win bid to supply rice to Philippines (Tuesday, October 23,2018)
The Viet Nam Northern Food Corporation (Vinafood 1) and Viet Nam Southern Food Corporation (Vinafood 2) won a bid last week to sell 14,000 tonnes and 15,000 tonnes of rice, respectively, to the Philippines.