Hafele Vietnam opens biggest distribution center (Tuesday, June 12,2018)
Hafele Vietnam has opened its largest distribution center in the country with the participation of more than 500 customers and partners nationwide.
Pharmacy firm faces difficulties as competition rises (Tuesday, June 12,2018)
Hau Giang Pharmaceutical Joint Stock Company (DHG) is gradually losing its share on the traditional OTC distribution channel, according to Viet Dragon Securities Company (VDSC).
SonKim Land joins development team of Metropole Thu Thiem (Monday, June 11,2018)
Leading real estate developer SonKim Land Corporation, Quoc Loc Phat JSC (Quoc Loc Phat), and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) have signed a strategic cooperation agreement and officially kicked off The Metropole Thu Thiem project in Thu Thiem New Urban Area (District 2, Ho Chi Minh City).
Brand investigation service for assessment of brand protection capability (Monday, June 11,2018)
If a brand, which has submitted form for and been granted protection certificate, but its owner hasn’t used it, the third party may submit form to ask the National Office of Intellectual Property to annul the brand protection certificate of the owner of that brand, in case the brand hasn’t been used in 5 consecutive years as from the date of submitting form for being granted protection certificate.
The bright outlook for Techcombank (Monday, June 11,2018)
The trend of retail lending and the firm credit growth rate have opened a new prospect for Vietnamese banking. Talking with VIR about banking development, Barry Weisblatt, head of research at Viet Capital Securities, has expressed his belief in the Vietnamese banking sector, especially in Techcombank.
EVN achieves first and positive credit rating from Fitch Ratings (Monday, June 11,2018)
Vietnam’s electricity company, Vietnam Electricity (EVN) is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.
Vinacomin records high coal output, sales (Sunday, June 10,2018)
The Vietnam National Coal and Mineral Group (Vinacomin) has accelerated coal production and sales in order to meet targets set for the first six months of this year.
Viettel links Myanmar with fast 4G (Sunday, June 10,2018)
Situated along National Highway No 1, on the left bank of the Ayeyarwaddy River, Thadon is a poor and underdeveloped village.
Forbes Vietnam announces top 50 firms (Saturday, June 9,2018)
Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8% of total market capitalisation on the HCM and Hanoi stock exchanges.
F&N hands in 15th registration to increase Vinamilk holding (Saturday, June 9,2018)
Aiming to raise ownership in Vinamilk, Singapore-based F&N Dairy Investment has been repeatedly registering to buy over 14 million shares. This is the 15th time the investor has professed to its ambition of raising ownership in Vinamilk.
Viettel eyes US$50 million from online film website (Friday, June 8,2018)
The Viettel Military Industry and Telecoms Group’s Viettel Media aims to earn revenue of US$50 million from its online film store Keeng Movies by 2020, a representative from the firm said at the official launch of the website in Ho Chi Minh City on June 6.
Businesses need to innovate for greater benefits from digital economy (Friday, June 8,2018)
The digital economy has ushered in an era of new business models and methods which present huge opportunities for businesses to expand their markets, reduce business costs and promote after-sales services as well as facilitating global shopping habits.
Viet Nam food firms set for India expo (Thursday, June 7,2018)
Many Vietnamese firms are set to participate in the Vibrant Tamil Nadu Expo and Summit in Madurai city, India, to seek information and business opportunities, a meeting heard in HCM City yesterday.
BASF, BIOMIN to introduce new phytase for Vietnam’s feed industry (Thursday, June 7,2018)
BASF ties up with BIOMIN to introduce new phytase to unlock vital nutrients for Vietnam’s feed industry.
ManpowerGroup signs jobs agreement with East Saigon Vocational School (Thursday, June 7,2018)
ManpowerGroup Vietnam signed a memorandum of understanding on June 5 with the East Saigon Vocational School to recruit and train staff in District 9, in line with the Government’s Resolution 44/NQ-CP on innovation in education and Instruction 2699 on boosting occupation orientation.
Kid bag brand Nohoo enters local market (Wednesday, June 6,2018)
Uy Vu Group, on International Children’s Day last Friday, introduced the children's bag Nohoo at AEON Mall in Binh Tan District, marking a penetration of the brand into the Vietnamese market.
Vietnam Airlines signs deal with Sabre (Wednesday, June 6,2018)
National flag carrier Vietnam Airlines signed a cooperation agreement on Monday with Sabre Airline Solutions Corporation to apply U.S. airline technology solutions to the aviation, hotel and tourism sectors, with the aim to meet passengers’ demands for services and to increase the airline’s efficiency.
Vietnam National Shipping Lines to hold IPO in August (Wednesday, June 6,2018)
The Vietnam National Shipping Lines (Vinalines) is scheduled to carry out its initial public offering (IPO) in August, according to the firm’s latest equitisation plan recently submitted to the Prime Minister for approval.
PetroVietnam contributes US$1.79 bln to State budget in five months (Tuesday, June 5,2018)
The National Oil and Gas Group (PetroVietnam) has contributed 40.8 trillion VND (1.79 billion USD) to the State budget in the first five months of 2018, exceeding the plan by 32 percent and representing 55 percent of the yearly target.
Central Group and Big C present gifts to disadvantaged children (Tuesday, June 5,2018)
Central Group Vietnam and Big C supermarket chain are organizing a series of events at Big C supermarkets nationwide until June 4 to donate gifts to orphaned, disabled and poor children on the occasion of International Children’s Day.
MB to increase charter capital to over US$951.5 million (Monday, June 4,2018)
The State Bank of Vietnam (SBV) recently approved a proposal of the Military Commercial Joint Stock Bank (MB) to raise its charter capital.
More than 80 Chinese businesses to buy Luc Ngan lychees (Monday, June 4,2018)
More than 80 Chinese businesses will arrive in Luc Ngan district of Bac Giang province to buy lychees during the upcoming harvest season, says Tran Quang Tan, director of the provincial Department of Industry and Trade.
MINISO looks to expand its presence in the local market (Monday, June 4,2018)
To further consolidate its position in Vietnam, MINISO, a Japanese designer brand, has opened 40 stores and expects to set up 50 more stores by the end of 2018, said the general manager of MINISO Vietnam.
DHL eCommerce moves to capitalize on market growth (Sunday, June 3,2018)
About six months after launching a national network of ServicePoints in Vietnam, DHL eCommerce has announced a new service that supports local online retailers to better meet the demand of consumers and the division of global logistics group Deutsche Post DHL to bank on the growth of Vietnam’s e-commerce market.
Pharung Shipyard delivers first oil tanker to RoK partner (Saturday, June 2,2018)
The Pharung Shipyard Company under the Vinashin Group on May 31 handed over to a Republic of Korea (RoK) partner a 6,500DWT oil tanker following a contract signed in 2016.
Vietnamese firms capable of joining support industry (Saturday, June 2,2018)
Numerous Vietnamese companies have shown their ability to join Samsung’s supply chain thanks to the support of the South Korean group’s innovative consultant programme.
Vietcombank, PV GAS up co-operation (Friday, June 1,2018)
Vietcombank and PetroVietnam Gas Corporation (PV GAS) signed a comprehensive strategic co-operation agreement in the central city of Quy Nhon earlier this week.
Ut Ut Quan to open 50 barbecue and craft beer restaurants (Friday, June 1,2018)
Ut Ut Quan Co Ltd, which is operating the two barbecue and craft beer restaurant chains Ut Ut Quan and BiaCraft, plans to open 50 new restaurants in five years after cutting a deal with an investor to raise new capital.
New firms up by 3.5% in 5 months (Thursday, May 31,2018)
Viet Nam saw an increase in the number of new enterprises and their registered capital in the first five months of 2018 due to improving business conditions.
Vuivui.com expands to fashion and cosmetics (Thursday, May 31,2018)
Online shopping website vuivui.com owned by Mobile World Group on May 28 expanded business to fashion and cosmetics with a variety of fashion items such as clothes, footwear, bags and cosmetics to customers.