Category: Vietnam
Business Briefs 26 April 2019
* Tien Phong Plastic JSC (NTP) said its consolidated net profit in the first quarter of 2019 surged 77.58% from a year earlier to VND71.62 billion, backed by lower management [...]
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Vietnam advances inter-country adoption service with Unicef, US support
Stepping up inter-country adoption service is part of Vietnam`s efforts to maximise conditions for children. Vietnam has greatly protected children’s rights and [...]
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Why do banks’ Q1 profits increase sharply?
Some banks have published the business results in the first quarter (Q1) of 2019 with very positive profit figures. However, what experts are concerned about is the [...]
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Waterway transport still limited in Vietnam despite potential
Only 50 percent of Vietnam’s inland waterway network, measured in kilometers (19,000), is easily navigable, according to the Department of Inland Waterway. The [...]
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RoK investors offer huge opportunities for Vietnamese startups
Vietnamese startups are expected to have more opportunities to receive investment and support from Korean investors, who are coming in droves in Vietnam, experts have said. [...]
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Massive production relocation from China to Vietnam spikes surge in labour demand
China was the largest source of greenfield Investment in Vietnam in Q1/2019 with $732.2 million, accounting for 18.9 percent of the total. As Sino-US trade tensions have [...]
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Maritime Commercial Joint Stock Bank to list shares on HoSE
The Vietnam Maritime Commercial Joint Stock Bank (MSB) is planning to list its shares on the Ho Chi Minh Stock Exchange (HoSE) in the third quarter of 2019. The plan was [...]
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Hanoi starts turning railway viaduct into new cultural space
Locals are now using the space in front of the vaults as a parking lot or to sell stuffs. Hanoi’s Old Quarter Management Board has announced that it has reopened a [...]
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Vinhomes Q1 profit reaches $116 million
Real estate giant Vinhomes JSC recorded a net profit of VND2.69 trillion in the first quarter, according to its newly-released consolidated financial report. The $116 million [...]
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PPP in Transportation: Completing Model, Creating Motivation for Economic Development
Transport infrastructure plays a foundational role in socio-economic development. However, this is an area that needs huge economic resources. Therefore, for many years, the [...]
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HDBank targets profits up 27pct in 2019
The HCM City Development Joint Stock Commercial Bank (HDBank) plans to collect 5.07 trillion VND (217 million USD) in pre-tax profits this year, an increase of 27 percent [...]
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2019 Food & Hotel Vietnam underway in HCM City
The 2019 Food & Hotel Vietnam, the country’s leading international food and hospitality trade exhibition, opened at the Saigon Exhibition and Convention Centre in [...]
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Hanoi international plastic, rubber, packing industry exhibition 2019 opens
The 2019 Hanoi International Plastic, Rubber, Printing, Packing Industry Exhibition opened in Hanoi on April 24, attracting 180 exhibitors from 10 countries and territories [...]
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CPTPP to help Vietnam exports grow 10pct amid global uncertainties: Brokerage
Vietnam will face difficulties in exporting as global growth is slowing down, dragged down by China. Electronics and mobile phones also run into difficulties with a global [...]
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Banks target higher business goals, raising charter capital in 2019
Several banks approved their 2019 business targets and plans for raising capital in annual shareholders’ meetings on Tuesday. Vietibank (CTG), Vietnam’s biggest [...]
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