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Vietnam food co Vissan plans IPO, Korean conglomerate CJ in race for strategic stake

18-Apr-2015 Intellasia | Deal Street Asia | 6:00 AM

CJ Cheiljedang Corp (CJ), one of South Korea’s leading conglomerates and manufacturer of processed food, is reportedly interested in picking up a strategic stake in the [...]
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Vietnam’s economy on the right track: Australian Ambassador to Vietnam

18-Apr-2015 Intellasia | VnEconomy | 6:00 AM

Before the 2015 Spring Economic Forum, Australian Ambassador to Vietnam Hugh Borrowman said that the Vietnam’s economy is moving in the right direction. Hugh said that [...]
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Steel consumption rebounds

18-Apr-2015 Intellasia | Vnexpress | 6:00 AM

As reported by the Vietnam Steel Association (VSA), the sales situation in Q1/2015 had strong growth thanks to warming signs of the real estate market and the prospering [...]
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Business Brief April 17

17-Apr-2015 Intellasia | | 3:41 PM

* ANZ Vietnam Bank yesterday announced a three-month campaign running until July 31 to offer promotional interest rate options for its mortgage customers. The interest rate [...]
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Bussinesses cease operations due to failure to find output

17-Apr-2015 Intellasia | BizLive | 6:00 AM

The Vietnam Business Annual Report 2014 report published by Vietnam Chamber of Commerce (VCCI) shows that the failure to find out output and prices of raw materials are the [...]
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LienVietPostBank pours 400b dong in Five Star Garden project

17-Apr-2015 Intellasia | Kinhdoanhnet.vn | 6:00 AM

Lien Viet Post Commercial Joint Stock Bank (LienVietPostBank) and Five Star Kim Giang Co., Ltd has signed a credit agreement funding the project of Dai Kim Service, Trade, [...]
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Vietnam Gold Bounces Back on April 16 amid Global Rebound

17-Apr-2015 Intellasia | Stoxplus | 6:00 AM

Vietnam’s gold prices rebounded on April 16 following global gains, prompting the difference between local and global prices to narrow to VND3.71 million a tael. As of [...]
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Mega International Commercial Bank Co., Ltd – HCM City Branch Approved to Add Activities

17-Apr-2015 Intellasia | Stoxplus | 6:00 AM

The State Bank of Vietnam (SBV) on April 14, 2015 issued Decision 549/QD-NNNN approving the addition of activities in the operating license of Mega International Commercial [...]
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Vietnamese insurer PVI plans capital increase in core biz

17-Apr-2015 Intellasia | Deal Street Asia | 6:00 AM

Vietnam’s insurance group PVI Holdings, an arm of the oil and gas giant PetroVietnam, is in consolidation mode. It plans to increase capital in the subsidiaries [...]
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VIETNAM PRESS-Helicopter firm signs $216 million insurance deal – Vietnam Economic Times

17-Apr-2015 Intellasia | Dailymail | 6:00 AM

State-run Vietnam Helicopter Corp (VNH) has signed a contract worth nearly $612 million with a consortium of three domestic insurance firms, including Baoviet Holdings and [...]
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Merging PG Bank with VietinBank will create Vietnam’s 2nd largest lender by assets

17-Apr-2015 Intellasia | Tuoitre News | 6:00 AM

The Vietnam Joint Stock Commercial Bank for Industry and Trade, better known as VietinBank, on Tuesday got the approval from its shareholders for a merger with Petrolimex [...]
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Exclusive cooperation trend between insurers and banks

17-Apr-2015 Intellasia | Dau Tu Chung Khoan | 6:00 AM

If nothing changes, another life insurance company would announce its exclusive cooperation with a domestic commercial bank in May 2015. This will be the third insurance [...]
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Sacombank plans to use 100m treasury stocks to pay dividend to shareholders

17-Apr-2015 Intellasia | Nguoi Dong Hanh | 6:00 AM

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has recently announced documents of the 2015 annual shareholders’ meeting. One of the important issues to be [...]
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IMF raises forecast on Vietnam’s GDP growth in 2015

17-Apr-2015 Intellasia | Nguoi Dong Hanh | 6:00 AM

The International Monetary Fund (IMF) has published the World Economic Outlook (WEO) on April 14th 2015. Accordingly, IMF forecasted that the Gross Domestic Product (GDP) of [...]
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Vietnam posts $1.4b trade deficit in March: customs

17-Apr-2015 Intellasia | Reuters | 6:00 AM

Vietnam posted a trade deficit of $1.39 billion in March, compared with an initial government estimate of a $600 million deficit, Vietnam Customs said on Wednesday. Exports [...]
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