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Business Briefs May 24, 2017

24-May-2017 Intellasia | | 3:10 PM

* Hoa Binh Construction & Real Estate Corporation (HBC) and Hungarian firm Thermowatt Energy and Building Ltd signed a memorandum of understanding (MoU) on cooperation [...]
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Seafood companies struggling with bank loans

24-May-2017 Intellasia | NDH | 6:00 AM

According to experts, there are many reasons leading to the hard time of seafood sector in recent years. Some of them are technical barriers, trade protection and quality [...]
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Insurers speed up plans to increase capital for 2017

24-May-2017 Intellasia | DTCK | 6:00 AM

Originating from various needs, both life and non-life insurance companies are speeding up plans to increase charter capital for 2017. Through the separate issuance of 20 [...]
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Blue chips push up VN Index

24-May-2017 Intellasia | VNS | 6:00 AM

The benchmark VN Index rose 1.2 per cent to 742.63 points on Monday morning as large-cap stocks continued their rise, giving the market solid momentum. Financial, realty and [...]
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NA action on debt pushes market up

24-May-2017 Intellasia | VNS | 6:00 AM

Shares advanced on Monday on strong support from the banking sector, following a new National Assembly resolution to resolve bad debt. The benchmark VN Index on the HCM Stock [...]
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Experts: Correction risk seen rising this week

24-May-2017 Intellasia | The Saigon Times | 6:00 AM

The stock market is facing rising correction risk this week as speculative stocks may come under strong selling pressure after their recent gains, according to securities [...]
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Habeco targets 9 per cent increase in revenue

24-May-2017 Intellasia | VNS | 6:00 AM

Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) targets total revenue of over VND8.8 trillion (US$390 million) in 2017, up 9.1 per cent year-on-year. The [...]
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Difficulties forecast for IPO of Dung Quat refinery operator

24-May-2017 Intellasia | The Saigon Times | 6:00 AM

Binh Son Refining and Petrochemical Co Ltd (BSR), the operator of Dung Quat Oil Refinery, will conduct its IPO in the fourth quarter with 5-6 percent of shares to be offered, [...]
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TTC Group seeks to take over HAGL’s sugar business

24-May-2017 Intellasia | VIR | 6:00 AM

Bien Hoa Sugar Joint Stock Company and Tay Ninh Sugar Joint Stock Company, two subsidiaries of TTC Group, will take over the sugar operation of Hoang Anh Gia Lai in a bid to [...]
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Is thermometer of the economy deviating?

24-May-2017 Intellasia | NDH | 6:00 AM

The stock market is about to go half way through 2017. The VN Index is still showing strong growth expectations with an increase of more than nine percent since the beginning [...]
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Path to EU widened for Vietnamese garments-textiles

24-May-2017 Intellasia | VNA | 6:00 AM

Vietnam’s garment-textile sector is expected to expand its markets once the Vietnam-EU Free Trade Agreement (EVFTA) comes into force in early 2018, reducing tax on [...]
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Asean auto demand predicted to grow in 2017

24-May-2017 Intellasia | VNA | 6:00 AM

Asean auto demand is forecast to continue rising in the rest of this year, despite the saturation of the market, according to a survey by the Financial Times’ [...]
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Car market to see changes with new regulations

24-May-2017 Intellasia | Vietnamnet | 6:00 AM

The domestic market will open more widely to foreign cars as enterprises now will not be required to submit as many documents as they did before, as stipulated in Circular No [...]
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Industrial real estate a promising sector this year

24-May-2017 Intellasia | VN Economic Times | 6:00 AM

Samsung Display received an investment license earlier this year for its $2.5 billion expansion project in northern Bac Ninh province’s Yen Phong Industrial Park (IP), [...]
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Saigon housing market slows as insiders warn of crash

24-May-2017 Intellasia | VN Express | 6:00 AM

Sales in the first quarter fell 13 percent from late last year with a 47 percent drop in the apartment sector. The residential property market in HCM City has slowed this [...]
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