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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VietinBank Chair: ‘ If following Circular 41, CAR is less than 8pct and capital raising is very urgent ‘
Plans to increase capital and to deal with the 68-floor VietinBank Tower project in Ciputra urban area were two key issues particularly interested by shareholders at the [...]
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Building a global footprint for Vietnam’s produce
Firmness and possession of a clear vision and strategy are what the owner of a leading exporter of cashew nuts in Vietnam under brand name “Dan-D-Pak” to strict [...]
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LOTTE Mart launches eco-green campaign
LOTTE Mart is carrying out a campaign called “Eco-green. I Act, You Too” with the desire to inspire customers to reduce the use of plastic bags and replace them [...]
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National industry promotion programme must be renovated
The national industry promotion programme is set to focus more on creating breakthroughs for rural industries in enhancing productivity, quality and competitiveness of [...]
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TPBank wants to jump into consumer finance
According to documents of the 2019 Annual general Meeting (AGM) on April 23rd of Tien Phong Commercial Joint Stock Bank (TPBank), the bank proposed shareholders to approve [...]
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Best Western & Vindeb partner in condotel development
Two sign memorandum to build condotel project in Quang Nam province. Best Western, one of the leading brands in hotel management from the US, recently signed a memorandum [...]
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Work starts on Korea-Tra Vinh wind farm project
A ceremony was held in the Mekong Delta province of Tra Vinh on April 24 to launch the construction of the Korea-Tra Vinh wind power plant, a joint project of Tra Vinh Wind [...]
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FE Credit reaps ‘sweet fruit’ thanks to focusing on existing customers
In the first quarter of 2019, FE CREDIT continued to keep a strong increase in 2018 and recorded a total of 20 percent loan and disbursement contracts compared to the same [...]
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Binh Dinh approves new coastal project
Binh Dinh Province authorities have approved a new project for an entertainment and tourism site after the previous investor abandoned the old project. The project which [...]
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Travel firm charged with fraud
HCM City police have pressed charges against Golux Advertising Services and Trading Co., Ltd, for allegedly swindling more than 60 tourists of VND4.6 billion. Last year, more [...]
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Eximbank’s shareholders call for chairperson’s dismissal again
A group of major shareholders of Vietnam Export Import Bank (Eximbank) has sent a letter to the office of the board of directors requesting a meeting to consider the [...]
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Yeah1′s pre-tax profit falls 80pct following incident with YouTube
The pre-tax profit of digital media group Yeah1 in the first quarter of the year was posted at over VND8 billion, down almost 80 percent against the year-ago figure of VND39 [...]
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What makes Vietnam’s industrial real estate most attractive in 2019?
Geographic location, policies and incentives in drawing foreign capital inflows have formed robust status for Vietnam`s industrial real estate. Both domestic and foreign real [...]
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Vietnam bans import of machinery more than 10 years old
New rules and conditions will make it much more difficult to import old machinery and equipment into Vietnam. From June 15, the import of used machinery and equipment will [...]
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