Vietnamese garment companies increase competitiveness (Monday, January 29,2018)
Vietnam earns billions of dollars from garment and textile exports every year. But in the domestic market, local enterprises are facing fierce competition from foreign rivals.
Vinamilk set to expand abroad (Monday, January 29,2018)
Dairy giant Vinamilk will continue to expand abroad, especially in emerging market like Laos and Myanmar, this year.
HANOI BEER - ALCOHOL - BEVERAGE JOINT STOCK CORPORATION (Monday, January 29,2018)
HANOI BEER - ALCOHOL - BEVERAGE JOINT STOCK CORPORATION 183 Hoang Hoa Tham Street, Ba Dinh District, Hanoi Tel: (024) 3845.3843 - Fax: (024) 3722.3784 Website: www.habeco.com.vn
PV Gas to spend US$3.5 billion on gas projects (Sunday, January 28,2018)
PetroVietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam National Oil and Gas Group, plans to invest around US$3.5 billion in gas transport, processing, distribution and import projects between now and 2020.
Mitsubishi Motors launches locally assembled Outlander autos (Sunday, January 28,2018)
Having operated for 23 years in Vietnam, Japanese automaker Mitsubishi Motors Corporation on January 23 launched its first Outlander autos assembled in the country with the price lower than those imported from Japan.
New M&A Approach from Sao Mai Group (Saturday, January 27,2018)
Sao Mai Group made a remarkable achievement as it completed four corporate acquisitions in a short time: An Giang Tourist Joint Stock Company, Dong Thap Tourism Joint Stock Company, Phu Hung - Phu Quoc Joint Stock Company and most recently Nhut Hong Joint Stock Company. They were rescued by Sao Mai Group when they stumbled during economic crisis.
Minh Long I to build and develop business culture (Saturday, January 27,2018)
Although founded in as late as 1970 Minh Long Co. is the heir of a long ceramics producing tradition starting with the grand-father of Mr Ly Ngoc Minh, Minh Long’s founder, and spanning over three generations, or a century time-wise, down to the fourth generation which is now in charge.
RoK Group acquires Prudential Finance in Vietnam (Friday, January 26,2018)
Prudential Plc on January 23 announced that it had reached an agreement to sell 100% of its Prudential Vietnam Finance Company (PVFC) to Shinhan Card Co Ltd, a subsidiary of the Shinhan Financial Group (Shinhan), at a cost of US$151 million.
Vietcombank to sell 7.6 million Vietnam Airlines’ shares (Friday, January 26,2018)
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has registered to sell 7.6 million shares of the Vietnam Airlines Corporation, which is listed as HVN on the stock market.
Kien Giang Cement: Continuously improve product quality (Friday, January 26,2018)
With its accumulated experience, brand reputation, technical expertise, and especially its continuous efforts for better product quality, Kien Giang Cement Joint Stock Company has constantly provided the market with high and stable quality cement products and became a popular cement brand in Kien Giang province and the Mekong Delta region.
Kien Hung JSC tp provide best products for clients (Friday, January 26,2018)
Overcoming 17 years of establishment and development, Kien Hung Joint Stock Company VN (KIHUSEA VN) has quickly affirmed its name in seafood processing and fishmeal export thank to the insight of the Management Board and the efforts of the entire staffs to increase product values.
Zinc Oxide Vietnam starts recycling plant (Thursday, January 25,2018)
Zinc Oxide Corporation Vietnam on January 23 broke ground for construction of an electric arc furnace dust recycle plant in the southern province of Ba Ria-Vung Tau.
Thai firm keen on 100% stake at LSP (Thursday, January 25,2018)
Thailand’s SCG Group wants entire stake of the Vietnam Oil and Gas Group (PetroVietnam) to own 100% of the Long Son Petrochemicals (LSP) Complex in the southern province of Ba Ria-Vung Tau.
BIM Group kicks off $35-million solar power project in Ninh Thuan (Thursday, January 25,2018)
One of Vietnamese leading private groups BIM and the Philippines-based AC Energy have started developing BIM 1 solar power plant in Phuoc Minh commune in the central province of Ninh Thuan.
JD.com announces investment in Tiki (Wednesday, January 24,2018)
JD.com, China’s largest retailer, has gained another foothold in Southeast Asia with its strategic investment in Tiki, Vietnam’s leading B2C e-commerce platform.
HDBank signs MoneyGram deal for money transfer (Wednesday, January 24,2018)
HDBank has signed up MoneyGram, a global provider of money transfer and payment services, to provide its customers with quick and easy international money transfer services.
VRG expects to list on HOSE in mid-2018 (Wednesday, January 24,2018)
Vietnam Rubber Group (VRG) expects to trade its shares on the Hochiminh Stock Exchange (HOSE) in June or July, four to five months after the launch of its initial public offering (IPO), said VRG board member Pham Van Thanh.
Viglacera to reduce State holding to 36% (Wednesday, January 24,2018)
Viglacera Corporation JSC (Viglacera) plans to reduce its State ownership to 36% this year, said Luyen Cong Minh, executive chairman of the corporation.
Vietnam Airlines among top 10 companies in country (Tuesday, January 23,2018)
Vietnam Airlines Corporation has ranked 9th in the Top 50 Vietnam The Best.
Vietlott earned $168.6 million revenue in 2017 (Tuesday, January 23,2018)
Viet Nam Lottery Company (Vietlott) reported a revenue of more than VND3.8 trillion (US$168.6 million) in 2017, more than double the revenue in 2016.
Vietnam Rubber Group to launch IPO in early February (Tuesday, January 23,2018)
Vietnam Rubber Group (VRG) is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2.
Thai Amata group makes large scale investment in Vietnam (Monday, January 22,2018)
Amata Corporation Pcl, Thailand’s largest developer of industrial estates, plans to invest 3.4 billion Baht (around US$110 million) in its Vietnamese projects this year.
Steel Corporation committed to finish 2017’s leftover projects (Monday, January 22,2018)
The Vietnam Steel Corporation (VNSTEEL) needs support from the Government to resolve any remaining problems associated with its two key projects, general director Nguyen Dinh Phuc said at a meeting on Friday.
Private firms grow well: Viet Nam Report (Monday, January 22,2018)
The number of private companies in the top 500 largest Vietnamese enterprises list (VNR500) rose by 2.5 times in 2017 after 10 years of the rankings being used.
NutiFood milk powder products shipped to 300 US supermarkets (Sunday, January 21,2018)
Nutrition Food Joint Stock Company signed a contract with Delori Foods International on January 18 in HCM City to secure export of its milk products to the US market.
SCIC’s pre-tax profit rises 33% (Saturday, January 20,2018)
State Capital Investment Corporation (SCIC) expects to make a pre-tax profit of VND6.6 trillion (US$290.5 million) in 2017, posting a 33 per cent year-on-year increase.
Ba Huan Company to diversify into processed foods (Saturday, January 20,2018)
Ba Huan Company, which supplies fresh products and is well-known for its safe eggs in the southern region, has said that this year it will focus on processed items to offer customers more choices.
TH Group begins construction of hi-tech milch cow farm in Phu Yen (Friday, January 19,2018)
Vietnam’s TH Group, famous for its TH True Milk brand, held a ground-breaking ceremony in the south central province of Phu Yen on January 18 for a high-tech milch cow and milk processing complex.
Sabeco targets 50% market share this year (Friday, January 19,2018)
After acquiring 53.56% stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco), ThaiBev announced plans to sell between 1.85 and 2 billion litres of beer and increase Sabeco’s market share to 50% this year.
Doosan Vina urged to expand operation in Vietnam (Thursday, January 18,2018)
Prime Minister Nguyen Xuan Phuc suggested Doosan Heavy Industries Vietnam Co., Ltd (Doosan Vina) further expand its production and provide more important equipment for key projects in Vietnam.