Archive for August 2nd, 2019

Fruit producer HAGL Agrico to boost capital by 25 pct

02-Aug-2019 Intellasia | VN Express | 6:02 AM

HAGL Agrico plans to convert bonds into shares and raise its charter capital by 25 percent to VND11.08 trillion ($477.93 million). On August 9, the company, formally Hoang [...]
» More

Chances for Malaysia firms to pour capital into VN’s infrastructure

02-Aug-2019 Intellasia | VNA | 6:02 AM

Maxfield Brown, a representative of Dezan Shira & Associates, has said it is time for foreign investors to pour capital into infrastructure in Vietnam. In his view, [...]
» More

Vietnam will face severe power shortages from 2021ministry

02-Aug-2019 Intellasia | Reuters | 6:02 AM

Vietnam will contend with severe power shortages from 2021 as electricity demand outpaces the construction of new power plants in the Southeast Asian country, Vietnam’s [...]
» More

Sheraton Saigon celebrates Mid-Autumn Festival with traditional and artisanal mooncakes

02-Aug-2019 Intellasia | VNS | 6:02 AM

Sheraton Saigon Hotel & Towers offers special Mid-Autumn mooncakes handcrafted by its culinary team This year, the hotel continues to collaborate with young calligraphy [...]
» More

Tra Vinh applies advanced technology in super-intensive shrimp farming

02-Aug-2019 Intellasia | VNA | 6:02 AM

The Department of Agriculture and Rural Development of the Mekong Delta province of Tra Vinh is running a high-tech project to boost the capacity of the local super-intensive [...]
» More

Chinese carmaker SAIC eyes Vietnam expansion

02-Aug-2019 Intellasia | VN Express | 6:02 AM

SAIC Motor International plans to work with Malaysia’s Tan Chong Motor Holdings to expand their Vietnam operations. The two parties have signed a memorandum of [...]
» More

Vietnamese firms lack capacity to join global supply chains

02-Aug-2019 Intellasia | VNA | 6:02 AM

Vietnamese firms in the mechanical engineering outsourcing sector have low competitiveness when joining global supply chains largely due to their small scale, technological [...]
» More

NextTech launches startup support fund

02-Aug-2019 Intellasia | The Saigon Times | 6:02 AM

NextTech Group today, July 31, launched its startup support fund, called Next100, with initial capital of $10 million. The fund is aimed at supporting startups in the initial [...]
» More

First train for second Hanoi metro to arrive next March

02-Aug-2019 Intellasia | VN Express | 6:02 AM

The Nhon-Hanoi Railway Station metro line will receive its first of 10 trains from France next March, railway authorities say. The aluminum-alloy trains will be built to [...]
» More

Next Iphone might be made in Vietnam: NY

02-Aug-2019 Intellasia | Hanoi Times | 6:02 AM

The move would lift the ambitions of a nation already well on its way to becoming a powerhouse maker of smartphones and other high-end gadgets. Vietnam’s factories have [...]
» More

RoK shares experience with Vietnam in mobilising private capital

02-Aug-2019 Intellasia | VNA | 6:02 AM

The Republic of Korea (RoK) has agreed to cooperate with Vietnam in sharing experience in mobilising private investments for infrastructure development. The two sides reached [...]
» More

Workshop on open-ended mutual funds seeks to educate young investors

02-Aug-2019 Intellasia | VNS | 6:02 AM

The open-ended mutual fund market has developed rapidly in recent years, with quarterly growth averaging 17.6 per cent since 2016, a workshop on investors and open-ended [...]
» More

Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

02-Aug-2019 Intellasia | VN Express | 6:02 AM

Vietnam’s biggest private conglomerate Vingroup earned VND2.6 trillion ($112 million) from sales of electric bikes, cars and smartphones in H1 2019. This figure is a [...]
» More

Southern bourse makes turnaround

02-Aug-2019 Intellasia | The Saigon Times | 6:02 AM

Even though the local stock market’s two biggest largecaps, VIC and VCB, ended losing today, July 31, the recovery of many bluechips helped the VN Index make a sharp [...]
» More

Stock market briefs

02-Aug-2019 Intellasia | The Saigon Times | 6:02 AM

Vincom Retail JSC (VRE) has released its consolidated financial report for the second quarter. The retailer booked over VND1.9 trillion in net revenue, up 31 percent against [...]
» More