VitaDairy opens second dairy plant in Binh Duong (Tuesday, October 23,2018)
VitaDairy Company began operating its second dairy factory on October 18 at the My Phuoc Industrial Park in the southern province of Binh Duong. Its first dairy plant is located in the capital city of Hanoi.
Vietcombank opens first overseas subsidiary in Laos (Monday, October 22,2018)
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) opened its first overseas subsidiary in Vientiane, Laos, on October 19.
Samsung concludes third training course for Vietnamese consultants (Monday, October 22,2018)
Samsung Vietnam and the Ministry of Industry and Trade (MoIT) rounded off its third training course for Vietnamese consultants in the supporting industry with a ceremony in Ho Chi Minh City on October 19.
Aber ride-hailing service hits the road in Hanoi (Monday, October 22,2018)
Aber, the second Vietnamese ride-hailing service, launched its Hanoi operations on October 19, four months after making its Ho Chi Minh City debut.
PV DRILLING: “Reaching out to the world – building up the future” (Monday, October 22,2018)
In the context of stiff competition on oil and gas services market, PetroVIetnam Drilling and Well Services Corporation (PV Drilling) has powerfully risen to be the “pioneer of Vietnam drillers” and trustworthy contractor in the region and in the world.
PetroVietnam Oil Corporation to accompany with development of Vietnam (Saturday, October 20,2018)
PetroVietnam Oil Corporation (PV OIL) is a subsidiary of Vietnam National Oil and Gas Group (PetroVietnam), established pursuant to Decision No. 1250/QD-DKVN dated 6th June 2008 of the Board of Directors of PetroVietnam, consolidation of PetroVietnam Trading Company (Petechim) and PetroVietnam Oil Processing and Distribution Company (PDC). The establishment of PetroVietnam Oil Corporation complies with the Government guideline on converting independent cost-accounting subsidiaries in State Corporations into the model of parent company – subsidiary company for the purpose of adapting to the international integration trend, optimizing and promoting the resources, improving the competitive capacity in trading crude oil and petroleum products in domestic and international market.
Honda still dominates Vietnam motorcycle market (Saturday, October 20,2018)
Honda Vietnam on October 18 publicized its business performance over the past six months, showing its automobile sales surged 102% year-on-year and it held a motorcycle market share of 76.6%.
Hyosung Group gunning for M&A in Vietnam (Friday, October 19,2018)
The Republic of Korea's industrial giant Hyosung Group aims to turn Vietnam into a major manufacturing base to realise its global expansion target.
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.
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.
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.
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.
Eurowindow: Leading glass supplier in Vietnam (Friday, October 12,2018)
Eurowindow is employing 3,500 staff, including qualified experts, engineers, and high skill trained workers, with a nationwide distribution network: 3 branches, nearly 40 showrooms, hundreds of agents and distributors.
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.