Savico shuts down taxi company (Tuesday, March 27,2018)
Saigon General Service Corporation (Savico) announced to the State Security Commission of Viet Nam and HCM City Stock Exchange that its taxi brand - ComfortDelgro Savico Taxi - has been closed to preserve funds and reengineer its taxi-related business plans.
Vietsovpetro – The largest oil and gas producer in Vietnam (Tuesday, March 27,2018)
Overcoming over 30 years of efforts, Vietsoxpetro – Vietnam-Russia oil and gas joint venture has confidently marked its achievements on oil and gas industry of Vietnam and made important contributions to the development of the Vietnamese oil and gas industry in particular and the Vietnamese economy in general. Vietsovpetro is proud to be the largest oil and gas producer in Vietnam and the leading unit of the Vietnam National Oil and Gas Group.
Nexen Tech builds first manufacturing facility in Vietnam (Monday, March 26,2018)
The Republic of Korea (RoK)'s Nexen Tech established a new facility to improve production capacity to meet customer demand and enhance its competitiveness through the systematic production of specialised parts for hybrid and electric vehicles.
Hyundai Motors to open VN plant (Monday, March 26,2018)
Automaker Hyundai Motor, Thanh Cong Group and the People’s Committee of Ninh Binh signed a memorandum of understanding (MoU) to construct the second automobile plant in the northern province of Ninh Binh.
Lang Son Trading and Production JSC: Targets to become a strong and reputable company (Monday, March 26,2018)
Lang Son Trading and Production Joint Stock Company was established under Decision 2189/QD-UBNT-KT dated November 10, 2005 of the Lang Son Provincial People’s Committee and brought into official operation in March 2006. As a multi-business entity, the company initially confronted a lot of difficulties but the company managed to overcome hardships to stabilise production and business, increase sales and ensue livelihoods for employees.
Phuc Son Co., Ltd: Affirming brand by projects quality (Monday, March 26,2018)
After more than 10 years doing business in Lang Son province, Phuc Son Construction Co., Ltd has carried out dozens of projects in the province. The creditability of the company incremented after each project is built.
USG Boral Vietnam launches game-changing lightweight material solutions for modern construction (Sunday, March 25,2018)
In the workshop themed “Shaping the Future Together”, USG Boral, a global leader in building products technology, announced the launching of its new lightweight material solutions for modern construction.
MobiFone and Samsung intensify 5G cooperation (Sunday, March 25,2018)
Samsung Electronics Co., Ltd. and MobiFone Global signed an agreement to boost engineering and commercial cooperation on 4G and 5G networks in Vietnam on March 22 in Hanoi in front of about 100 ICT businesses from Korea and Vietnam.
PV Power replaces PetroVietnam as power plants investor (Saturday, March 24,2018)
The Vietnam National Oil and Gas Group, known as PetroVietnam, has proposed transfering two gas-fuelled power plants – Nhon Trach 3 and 4 – to PetroVietnam Power Corporation (PV Power), according to the Government Office.
VINA ONE Steel: Building Tomorrow, Confidently Sailing Rough Seas (Saturday, March 24,2018)
During more than 15 years of construction and development, Vina One Steel Manufacturing Corporation (Vina One Steel) has always been proud as a well-positioned steel maker in the industry by constantly offering products that meet all increasing requirements of customers for quality and style. In particular, on January 19, 2018, VINA ONE was ranked among the TOP 500 companies in Vietnam and graded 91st out of the 500 largest private enterprises in Vietnam in 2017.
Ninja Van Announces Official Launch in Vietnam (Friday, March 23,2018)
On March 21, Ninja Van, Southeast Asia’s technology-enabled logistics company, has announced official launch of their operations in Vietnam. Known for offering customised options, accessible customer support service and hassle-free delivery experiences to e-commerce merchants and social sellers, Ninja Van currently delivers to the entire region of Vietnam.
FPT cuts deal with GE Digital (Friday, March 23,2018)
FPT clinched a cooperation agreement with GE Digital on March 20, under which the two sides will join forces in trade cooperation and training in Vietnam and ASEAN, according to FPT chairman Truong Gia Binh.
Sao Mai Group to develop more value-added tra fish products (Friday, March 23,2018)
Sao Mai Group has inked a cooperation agreement with the Research Institute for Marine Fisheries (RIMF) on technology transfer to process more value-added tra fish products.
TSV Pioneers Renewable Energy Development in Ninh Thuan (Friday, March 23,2018)
TSV Corporation and The Blue Circle recently held the inauguration of the first phase and the construction of the second phase of the Dam Nai wind power plant project in Ninh Thuan. This is the first wind power project to go into commercial operation in Ninh Thuan Province, creating the premise,an important foundation for Ninh Thuan to become the centre of renewable energy of the country.
VPG Yen Bai Mineral JSC Asserting Strong Brand (Friday, March 23,2018)
VPG Yen Bai Mineral Joint Stock Company (YVG) was transformed from a State-owned enterprise in 2001.
SMEs benefit from State’s business support policies (Thursday, March 22,2018)
Small- and medium-sized enterprises (SMEs) will benefit from many support policies of the State, especially those in information support; consultation; human resources development; startup and innovation; and value chain participation.
Central Group to expand investment in Vietnam (Thursday, March 22,2018)
Thailand's Central Group is planning to spend 200 billion THB (around 6.3 billion USD) on expanding domestic and overseas retail networks and hotels in the next five years, with Vietnam named as a prioritised market.
Minh Phu Corp reveals ambitious plans upon return to stock exchange (Wednesday, March 21,2018)
Leading seafood firm Minh Phu Corporation has plotted out grand strategies to defend the “King of Shrimp” title, following its comeback to the public market this month.
Petrolimex Aviation recognised as Vietnamese top brand (Wednesday, March 21,2018)
The Petrolimex Aviation Fuel JSC has been named among top Vietnamese brands as part of an award held by the Ministry of Industry and Trade in response to the “Vietnamese people prioritise Vietnamese goods” campaign.
Vietjet to launch direct service between HCMC and Brisbane next year (Tuesday, March 20,2018)
Vietnam’s low-cost carrier Vietjet and Brisbane Airport Corporation (BAC) in the Australian state of Queensland clinched a cooperation agreement in Sydney last Friday to open a direct air link between HCMC and Brisbane next year.
PVEP sells 5% interest in Block 15-1/05 to Murphy (Tuesday, March 20,2018)
The PetroVietnam Exploration Production Corporation (PVEP) has signed a deal on the transfer of a 5% interest and the administration right in Block 15-1/05 to Murphy Cuu Long Bac Oil Co. Ltd.
Vietjet plans new Vietnam-Australia air route (Monday, March 19,2018)
Vietnam’s low-cost airline Vietjet and the Brisbane Airport Corporation (BAC) of the Australian State of Queensland signed a agreement in Sydney on March 16 for the launch of a direct air route between HCM City and Brisbane with the aim of promoting tourism, trade exchange, and integration in the region.
Singapore firms eye VN food industry (Monday, March 19,2018)
Many Singaporean firms are interested in investing in food, agriculture, and dining services in Viet Nam as they forecast that these sectors will thrive in the near future amidst broader ASEAN integration.
F.D.C listed in top 10 building contractors (Sunday, March 18,2018)
F.D.C Investment Construction Joint Stock Company has entered the top ten most reputable building contractors of 2018 with the ninth position as announced by Vietnam Report (VNR).
Based on the cooperation agreement signed by the Research Institute for Marine Fisheries (RIMF) and International Development & Investment Corporation (Sao Mai - IDI) in 2017, Sao Mai Group recently took a long stride in bilateral connectivity by signing the “Technology transfer cooperation in production of value added pangasius products in Vietnam.”
VIB sets ambitious goals for this year (Saturday, March 17,2018)
Vietnam International Bank (VIB) has announced its pre-tax profit target of more than VND2 trillion (US$87.8 million) for this year, up 43% compared to 2017.
Vinafood II raises US$51 mln selling 23% of stakes in March IPO (Friday, March 16,2018)
The State-run Vietnam Southern Food Corporation (Vinafood II) raised nearly VND1.16 trillion (US$51.1 million) from selling 22.97% of its stakes at an initial public offering (IPO) on March 14.
Amazon studying Vietnam market (Friday, March 16,2018)
The world’s leading e-commerce player, Amazon, is scoping out the Vietnamese market, hoping to benefit local consumers and enterprises.
UK’s group encouraged to participate in SOEs’ restructuring (Thursday, March 15,2018)
The United Kingdom’s Jardines Matheson Group can enlarge its investment to take part in the restructuring of State-owned enterprises (SOEs) and credit institutions in Viet Nam.
Japan bank mulls PetroVietnam plan (Thursday, March 15,2018)
The Japan Bank for International Cooperation (JBIC) is considering funding the Block B&52/97 project of the Viet Nam Oil and Gas Group (PetrolVietnam) with loans without a government guarantee.