Vietnam Airlines named among Vietnam’s top 10 sustainable businesses (Tuesday, April 17,2018)
National flag carrier Vietnam Airlines has been honored as one of Vietnam’s 10 top sustainable businesses in 2017.
Vissan aims high for pre-tax profit (Tuesday, April 17,2018)
Riding on the better-than-expected performance last year, Vissan, a leader in meat processing in the country, has set a target of making VND179 billion in pre-tax profit.
IPP Group to pour $440 million into Van Don SAEZ (Monday, April 16,2018)
IPP Group (Imex Pan Pacific Group) has proposed pouring VND10 trillion ($440 million) into the whole non-tariff area of Van Don Special Administrative-Economic Zone (SAEZ) in 2018-2023.
54 excellent estate businesses, projects honoured (Monday, April 16,2018)
A total of 54 businesses and projects were honoured with the Vietnam Property Awards 2018 in Hanoi on April 14 in recognition of their significant contributions to the development of the real estate market in Vietnam.
VTVCab cancels IPO after few investors show interest (Monday, April 16,2018)
The Vietnam Television Cable Corporation (VTVCab) will cancel its initial public offering (IPO) on April 17 as only one investor registered to attend the auction by the end of April 10, 2018 – the deadline for investors to sign up for the IPO.
Lufthansa Technik plans aircraft maintenance facility in Vietnam (Saturday, April 14,2018)
Lufthansa Technik AG, a Germany provider of maintenance, repair and overhaul for civil aircraft, jet engines and components, has expressed interest in establishing an aircraft maintenance facility in Vietnam.
VinaPhone targets US$61.6 million pre-tax profit (Saturday, April 14,2018)
National mobile network operator VinaPhone targets a pre-tax profit of VND1.4 trillion (US$61.6 million) in 2018, a year-on-year increase of 6.7%.
Viglacera plans to reduce State ownership to 36% (Friday, April 13,2018)
State-owned glass and construction ceramic producer Viglacera will develop plans to reduce the State ownership in the firm to 36 per cent in May 2018.
Polyester plant to resume operations in April (Friday, April 13,2018)
The Dinh Vu Polyester Fibre Plant (PVTex) will resume the operation of three production lines on April 18, targeting an output of 189 tonnes of yarn in the first month.
Russian firms showcase goods at expo (Thursday, April 12,2018)
Many Russian firms are exhibiting their products during the 28th Viet Nam International Trade Fair (Viet Nam Expo 2018), which opened at the International Exhibition Centre in Ha Noi on Wednesday.
Saigon Co.op to open 50 more convenience stores (Thursday, April 12,2018)
Saigon Co.op, the country’s leading retailer, will open an extra 50 Cheers in convenience stores in HCMC in partnership with NTUC FairPrice of Singapore this year, said Nguyen Thanh Nhan, general director of Saigon Co.op.
Vinacomin aims to produce 9.45 million tonnes of raw coal in Q2 (Wednesday, April 11,2018)
Vietnam National Coal and Mineral Industries Corporation (Vinacomin) aims to produce 9.45 million tonnes of raw coal in the second quarter of 2018, and at the same time, sell 9.54 million tonnes of coal, including 540,000 tonnes for export.
Vietcombank offloads 6.67 million shares in OCB (Wednesday, April 11,2018)
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will auction off its 6.67 million shares of the Orient Commercial Bank (OCB).
Hoa Phat exports wire drawing steel to Laos, RoK (Wednesday, April 11,2018)
Hoa Phat Equipment & Accessories Co., Ltd, a subsidiary of the leading Vietnamese steel maker Hoa Phat Group (HPG), sold 3,000 tonnes of wire drawing steel in the domestic and foreign markets, namely the Republic of Korea (RoK) and Laos, in the first quarter of 2018.
900 businesses to attend textile fair in HCM City (Tuesday, April 10,2018)
The Vietnam Saigon Textile and Garment Industry/Fabric and Garment Accessories Expo (Saigon Tex 2018) to be held in HCM City this week will offer local and foreign businesses a good chance to promote their brands, seek information and explore partnership opportunities.
Vingroup enters pharmaceutical industry with Vinfa (Tuesday, April 10,2018)
Conglomerate Vingroup has announced its entry into the pharmaceutical industry with its Vinfa brand.
Vietbank seeks to buy LIM II Tower at VND1.4 trillion (Monday, April 9,2018)
Vietbank has plans to spend VND1.4 trillion (US$61.4 million) acquiring LIM II Tower in HCMC’s District 3 from Hoa Lam Corporation, according to the bank’s document prepared for its 2018 shareholder meeting.
Grab’s acquisition of Uber opens door for Vietnamese firms (Monday, April 9,2018)
Grab’s acquisition of Uber opens the door for Vietnamese businesses to enter the ride-sharing market, said Khuat Viet Hung, Vice Chairman of the Vietnam National Safety Traffic Committee.
EVN’s electricity output and imports rise by 11.2% (Monday, April 9,2018)
Electricity of Viet Nam (EVN) posted total electricity output and imports of 48.96 billion kilowatt hours in the first quarter of the year, representing 11.2 per cent yesr-on-year.
Vissan to increase beef, pork supply in 2018 (Sunday, April 8,2018)
The Vissan Joint Stock Company plans to increase revenue by 18 per cent, reaching VND4.6 trillion (US$204.5 million) this year compared with that of last year.
Vinamilk to open 4 farms in Thanh Hoa (Saturday, April 7,2018)
The Vietnam Dairy Products Joint Stock Company (Vinamilk) would invest in four hi-tech dairy farms in the central province of Thanh Hoa until 2020, said general director Mai Kieu Lien.
CJ CGV Vietnam reports stellar 2017 performance (Saturday, April 7,2018)
The Republic of Korea's conglomerate CJ's CJ CGV Vietnam, the leading film distributor and movie theatre operator in Vietnam, reported VND2.8 trillion ($122.7 million) in revenue in 2017 with a market share of 47 per cent, running laps around competitors.
Saigon Times Group organizes Mekong startup event Friday (Saturday, April 7,2018)
The Saigon Times Group and Can Tho University will jointly organize a roundtable discussion themed “How to start up a business effectively” on Friday, gathering several leaders in the Mekong Delta as key speakers.
Doosan Vina’s filter equipment sent to Chile (Friday, April 6,2018)
Doosan Heavy Industries Viet Nam Co. (Doosan Vina) has shipped reverse osmosis (RO) expansion racks and high pressure piping systems – equipment essential to desalination filter systems – to the Escondida Water Supply plant in Chile.
VPBank to lift chartered capital to US$1.22 billion (Friday, April 6,2018)
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to increase its current chartered capital from VND15.7 trillion (around US$691.6 million) to VND27.8 trillion (US$1.22 billion) in 2018, the bank announced at its shareholders’ recent meeting.
VinaCapital and Dragon Capital pour $21 million in CenLand (Friday, April 6,2018)
Two large foreign investment funds managed by VinaCapital and Dragon Capital have spent $21 million buying a 25 per cent stake in Century Land JSC (CenLand).
Vinacomin posts high coal output, consumption (Friday, April 6,2018)
Vinacomin said its coal output in the three-month period reached 9.4 million tonnes, while the consumption was 9.8 million, meeting 27 per cent and 27.3 per cent of the whole year’s production and consumption targets.
Hoang Lien Son Technical Ceramics JSC: Consecutives development (Friday, April 6,2018)
Established in 1979, Hoang Lien Son Technical Ceramics Joint Stock Company (HOCERATEC) was formerly a State-owned business entity and transformed into a joint stock company in 2004. HOCERATEC is proud to be a leading Vietnamese manufacturer of insulated ceramics for the electricity industry in Vietnam and the world.
Khanh Hoa Power JSC strives for benefits of customers (Thursday, April 5,2018)
Over more than 30 years of establishment and development, Khanh Hoa Power Joint Stock Company has strived to affirm its pioneering and driving role in the industrialization and modernization of Khanh Hoa province.
Amata licenced for $1.6b project (Thursday, April 5,2018)
Amata VN Public Company Limited, a subsidiary of Thailand-based Amata Corporation PCL, has received a licence to develop the first phase of the US$1.6 billion industrial and urban project in the northern province of Quang Ninh, around 150 km from the capital Ha Noi.