Archive for December 20th, 2016

Vietjet valued $1.2b

20-Dec-2016 Intellasia | Vneconomictimes | 6:00 AM

Upcoming IPO of 14.9 percent of shares will bring in $200 million, according to Reuters, which would put the carrier’s value in excess of $1 billion. Vietjet Air plans [...]
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How will the real estate market perform in 2017?

20-Dec-2016 Intellasia | VNN | 6:00 AM

While some experts believe the real estate market will be active in 2017, others think the market will cool down and encounter difficulties. Tran Kim Chung, deputy head of [...]
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Faster equitisation needed: official

20-Dec-2016 Intellasia | Bizhub | 6:00 AM

Speeding the equitisation of State-owned enterprises (SOEs) and development of the stock market is important to secure a government policy to restructure businesses over the [...]
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Construction industry to thrive in 2017

20-Dec-2016 Intellasia | Vneconomictimes | 6:00 AM

Despite current weaknesses the outlook is positive for industrial growth, according to an international research group. Vietnam’s construction industry will grow by 6.3 [...]
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State-owned corporation bosses travel abroad to avoid responsibilities

20-Dec-2016 Intellasia | VNN | 6:00 AM

Many managers of state-owned corporations have gone abroad recently for health care or training courses. Some of them have lost contact with their enterprises. The common [...]
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Viettel aims to be among Top 20 global tech companies

20-Dec-2016 Intellasia | Vneconomic Times | 6:00 AM

Military-run telecom company to expand operations and break into Top 20 over next decade. The military-run Viettel group will move from a telecom service provider and become [...]
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Phu My Hung introduces Midtown project

20-Dec-2016 Intellasia | Vneconomictimes | 6:00 AM

Leading real estate corporation developing new HCM City complex with Japanese investors. The Phu My Hung Development Corporation, one of Vietnam’s leading real estate [...]
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LDG Group holding on to Grand World Phu Quoc

20-Dec-2016 Intellasia | Vneconomictimes | 6:00 AM

Contrary to recent reports, LDG is not planning to sell luxury resort and villa project on Phu Quoc Island. CEO of the LDG Group, Nguyen Cao Cuong, has confirmed with VET [...]
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Vietnam budget carrier to open Hanoi – Siem Reap route next year

20-Dec-2016 Intellasia | Tuoi Tre News | 6:00 AM

Vietjet is poised to launch a new service connecting Hanoi and the Cambodian city of Siem Reap next year, the low-cost carrier announced Friday. The new route, scheduled to [...]
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Doosan Vina exports container cranes to Saudi Arabia

20-Dec-2016 Intellasia | VNA | 6:00 AM

The Doosan Heavy Industries Vietnam Co. Ltd (Doosan Vina) shipped eight made-in-Vietnam rubber tyred gantry cranes (RTGCs) to Saudi Arabia on December 18. Each crane is more [...]
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VN-Japan company opens big warehouse in Binh Duong

20-Dec-2016 Intellasia | VNA | 6:00 AM

New Land Vietnam – Japan Joint-Stock Company (New Land VJ JSC) has opened a two-hectare warehouse at the Binh An Textile and Garment Industrial Park in Di An town of [...]
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Textile exports to hit $28.5b in 2016

20-Dec-2016 Intellasia | VNA | 6:00 AM

Vietnam’s textile and garment exports this year are estimated to reach 28.5 billion USD, meeting roughly 92 percent of the set plan due to market difficulties, the [...]
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Viglacera starts $40m Cuban join venture

20-Dec-2016 Intellasia | VIR | 6:00 AM

The joint venture of Viglacera Corporation-JSC (Viglacera) and Cuban El Grupo Empresarial Industrial de la Construccion (Geicon) is expected to start operation in early 2017 [...]
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Some $311m needed for iron ore mine in Ha Tinh

20-Dec-2016 Intellasia | VNA | 6:00 AM

Around 7 trillion VND (311 million USD) has to be mobilised to restart work on the iron ore project in central Ha Tinh province, a Ministry of Industry and Trade official [...]
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Enterprises under pressure to complete 2016 annual targets

20-Dec-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

The business and production activities of enterprises are often more exciting in the end of the year compared to the rest of the year. The fourth quarter of the year is often [...]
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