Vinalines fails to choose strategic investor (Wednesday, August 8,2018)
Vietnam National Shipping Lines (Vinalines) is set to launch its initial public offering (IPO) early next month, but it has yet to find a strategic investor, the company announced today, August 6.
Indian firms eye Vietnamese healthcare sector (Wednesday, August 8,2018)
Indian enterprises participating in a meeting between Indian and Vietnamese medical enterprises, held by the Consulate General of India in HCMC on August 3, expressed a desire to invest heavily in the healthcare sector of Vietnam.
HADICO contributes on sustainable development of Vietnam agricultural sector (Wednesday, August 8,2018)
Hanoi Agriculture Investment and Development Co.,Ltd (HADICO) operating in agricultural sector is performing an important task of agricultural sector of Hanoi: Developing high-quality vegetable, tree, flower…; maintaining and preserving rare Mia chicken genes; Supplying pigs and storing first-line plants; ensuring the sustainable agricultural development of the capital in the future.
Vietnam Airlines, Vinamilk shake hands to provide 4-star service (Tuesday, August 7,2018)
Vinamilk products, served on Vietnam Airlines flights departing from Vietnam, will have specially designed packing to promote the quality of the country’s single four-star airline.
T&T Group to import raw cashews from Guinea Bissau (Tuesday, August 7,2018)
T&T Group of Vietnam pledged to import raw cashew nuts from Guinea Bissau with an annual volume of 150,000-200,000 tons in 2018 and the following years under a memorandum of understanding on agribusiness signed in Hanoi on August 6.
HDBank wins top US award for annual report (Tuesday, August 7,2018)
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has won the Platinum Award, the highest recognition, at the 2017 Vision Awards Annual Report Competition organised by the League of American Communications Professionals.
CONINCO: Developing with the motto “Assurance for future” (Tuesday, August 7,2018)
Over 37 years of construction and development, with the motto “Assurance for future”, CONINCO – Consultant and Inspection Joint Stock Company of Construction Technology and Equipment has constantly improved the quality of construction consulting services.
Hoang Long Seafood to be equipped with management software (Monday, August 6,2018)
Citek Technology JSC signed an agreement on August 3 with Hoang Long Seafood Processing Co Ltd to set up an enterprise resource planning system.
Top 1,000 biggest payers announced (Monday, August 6,2018)
The 1,000 biggest tax payers in Viet Nam in 2017 contributed more than VND110 trillion (US$4.72 billion) to the State budget, increasing 8.45 per cent from the previous year, and accounting for 63 per cent of total tax contributions.
Established 11 years ago, thanks to the highest efforts for prestige and quality, KTF Furniture Design, Production, Trading, Import and Export Co.,Ltd has strived and become a leading business, confidently affirmed its position and prestige in the furniture sector.
PV Gas - Pioneer in social welfare activities (Sunday, August 5,2018)
In the context of the domestic and world economies facing with many difficulties, PV Gas gained many main targets, have been fulfilled, highlighting its core roles in the Vietnam Oil and Gas Group (PVN) in terms of completion of the general targets as well as contributing to the state budget.
Forbes Vietnam honors top 50 listed firms (Saturday, August 4,2018)
Forbes Vietnam organised a ceremony to honor Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
Vina Chuoi receives funding of more than VND2 billion (Friday, August 3,2018)
Vina Chuoi, a startup specializing in foods and beverages made from bananas, received funding of VND2.3 billion (US$98,900) from two investors on reality TV show Shark Tank, which was broadcast on the evening of August 1 on the VTV3 channel.
EU firms to bid on public contracts (Friday, August 3,2018)
Starting early next year, EU investors will be able to tender for several types of public infrastructure projects in Vietnam for the first time under EU-Vietnam Free Trade Agreement commitments.
Quang Nam Power Company Continuously professionalising power services (Friday, August 3,2018)
Quang Nam Power Company (PC Quang Nam) was established on April 1, 1997 as a member of Central Power Corporation (EVNCPC). Over 21 years of construction and development, the company has actively fulfilled its task of supplying electricity for people’s livelihoods and business operations in Quang Nam province with rising safety, continuity, stability and quality. PC Quang Nam has importantly contributed to Quang Nam province’s socio-economic development, industrialisation and modernisation.
Scavi Vietnam set to earn US$200 million in annual revenue (Thursday, August 2,2018)
Scavi Vietnam JSC, a subsidiary of the France-based Corèle International Group, is set to meet its targets of earning US$200 million per year and maintaining the annual growth rate at 30-40% between 2018 and 2022.
PVN signs trade agreements on gas field exploitation (Thursday, August 2,2018)
Viet Nam National Oil and Gas Group (PetroVietnam) on July 31 signed a number of trade agreements on exploiting the Sao Vang - Dai Nguyet project.
Vietjet Air reports robust growth in revenue (Wednesday, August 1,2018)
Vietjet Air announced its business results in the second quarter of 2018 with the robust growth in core business activities, including air transport and ancillary revenue.
Hoa Phat enjoys 27% profit growth in H1 (Wednesday, August 1,2018)
Hoa Phat has posted revenue and post-tax profit gains of nearly VND27.6 trillion (over US$1.19 billion) and over VND4.4 trillion (US$190 million) in the first half of 2018, representing rises of 30% and 27% from the same period last year, respectively.
VAMC helps bring ratio of non-performing loans to under 3% (Tuesday, July 31,2018)
The ratio of the non-performing loans (NPLs) at commercial banks fell from 3.61% at the end of 2013 to 2.18% at present, according to Chairman of the Vietnam Asset Management Company (VAMC) Nguyen Tien Dong.
New enterprises surge in 7 months (Tuesday, July 31,2018)
These figures represented year-on-year increases of 4 per cent in the number of businesses and 12 per cent in the level of capital, statistics from Business Registration Management Agency under the Ministry of Planning and Investment revealed.
Alpha King officially joins Vietnamese property market (Monday, July 30,2018)
Alpha King Real Estate Development JSC on July 25 launched its brand in the local market, aiming to make Vietnam its main real estate market over the long term.
Hoa Phat Dung Quat prepares first steel production (Monday, July 30,2018)
The Hoa Phat Dung Quat Iron and Steel Production Complex is planning to begin production by the fourth quarter of 2019, providing an estimated four million tons of steel per year, for use as mainly construction and hot-rolled coil steel serving local markets.
Enterprises urged to meet requirements of Japanese manufacturers (Monday, July 30,2018)
Vietnamese enterprises need to improve their capacity to produce raw materials, components and machines of high quality to meet requirements of Japanese manufacturers in the country, experts said at a meeting held in HCM City last week.
Samsung trains 50 consultants in southern Vietnam (Friday, July 27,2018)
Samsung Vietnam and the Ministry of Industry and Trade jointly held the opening ceremony of a training program for 50 consultants in supporting industries in southern localities on July 24.
Techcombank’s pre-tax profit doubles in first half (Friday, July 27,2018)
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) posted a record pre-tax profit of VND5.19 trillion (US$223.5 million) in the first half of the year – approximately double that of the same period in 2017.
PV Oil to hold shareholder meeting this month (Friday, July 27,2018)
PetroVietnam Oil Corporation (PV Oil), a major fuel trading arm of the State-owned Vietnam National Oil and Gas Group (PVN), is scheduled to hold its first-ever shareholder meeting on July 30, following its initial public offering (IPO) in January.
Nghi Son 2 thermal power project to begin soon (Thursday, July 26,2018)
South Korea’s Doosan Heavy Industries & Construction and its subsidiary Doosan Heavy Industries Vietnam announced on July 24 that they had received an initial payment of US$170 million for the Nghi Son 2 Thermal Power Plant project, signaling its commencement.
Vinamilk invests US$19.7m in Laos firm (Thursday, July 26,2018)
Vietnam’s leading dairy processor, Vinamilk, has spent nearly US$19.74 million acquiring a 51% stake in Lao–Jagro Development Xiengkhouang Co., Ltd, which is headquartered in Laos’ Xiengkhouang Province, aiming to develop a complex of hi-tech beef-dairy farms.
RoK seafood firms seek opportunities in Vietnam (Thursday, July 26,2018)
A business-to-business (B2B) meeting was organised by the Vietnam Chamber of Commerce and Industry and K-Fish Trade Support Centre in HCM City, providing opportunities for 12 firms from the Republic of Korea (RoK) and 50 local seafood companies to seek and foster partnerships.