Dai-ichi Life VN gets OK to up capital

Insurance provider Dai-ichi Life Vietnam has received a licence to raise its capital to US$117 million, from $100 million, so as to invest in new distribution channels in Việt Nam.

GODACO seafood processing factory starts operation

Gò Đàng Joint Stock Company (GODACO) on Thursday put into operation its high-quality seafood processing factory in the An Hiệp Industrial Zone in southern Bến Tre Province's Châu Thành District.

VGG to issue 2.1 million ESOP shares

Việt Tiến Garment Corporation (VGG) will issue 2.1 million shares under the employee stock ownership plan (ESOP) in the first quarter of this year.

Sao Khue Awards launched

The Vietnam Software and IT Services Association (VINASA) on Monday launched the 2017 Sao Khue Awards under the sponsorship of the Ministry of Information and Communications.

Lotte Mart recognised for successful 2016

Lotte Mart has received several awards for its performance in 2016, including “Outstanding Business” and “Excellent Products and Services to Customers” as well as “Outstanding Entrepreneur” for its general director Hong Won Sik.

New trade centre opens in Tây Ninh

A new trade centre opened its doors in Tây Ninh City last week. Financed by Thành Thành Công Group, the 15.000-square.metre TTC Plaza Tây Ninh comprises a supermarket, trade and entertainment areas and cinemas.

New general director for Military Bank

The Military Commercial Joint Stock Bank (MBB) has appointed vice-chairman of its board Lưu Trung Thái as its general director, with effect from January 16.

 

Đà Nẵng to set up four new IPs

Đà Nẵng City will establish four new industrial parks (IPs) by 2020, Hồ Kỳ Minh, vice chairman of Đà Nẵng City's People's Committee, said.

 

Ichi Group opens second plant in south

The Ichi Paint Group officially inaugurated and put into operation its new paint factory Morichi in southern Long An Province’s Hải Sơn Industrial Park on January 8.

 

PVEP, Landmark cooperate in oil, gas

PetroVietnam Exploration Production Corporation (PVEP) and Landmark Software Services of Halliburton, a US multinational corporation, signed a memorandum of understanding (MoU) on co-operation in oil and gas exploration and exploitation.

Metro Cash Carry gets renamed

One year after buying Metro Cash & Carry Vietnam for 655 million euros, TCC Group on Tuesday officially rebranded it as MM Mega Market Vietnam Company Ltd (MM Mega Market Vietnam).

Open-end funds outperform VN-Index in 2016

Open-end funds operating in Việt Nam have recorded a positive 2016 with rate of returns of some funds outperforming the growth of the benchmark VN-Index on the HCM Stock Exchange.

New shopping model for Saigon Co.op

Saigon Co.op and Saigon Co.op Investment-Development Company last Saturday launched Sense Market, a new shopping model that combines food market and modern shopping places at the September 23 Park’s Zone B in HCM City’s District 1.

Solar panel factory opens in Bắc Giang

Trina Solar Group on Friday started operation of a US$100-million factory manufacturing solar panels in the Quang Châu Industrial Park in Việt Yên District, northern Bắc Giang Province.

Garment 10 targets 6% rise in revenue

Garment 10 Corporation JSC (GARCO 10) is targeting a 6 per cent rise in revenue in 2017 compared to last year, its general director Nguyễn Thị Thanh Huyền said.

Toyota VN presents new board

Toyota Motor Vietnam (TMV) appointed Toru Kinoshita president of the group’s Management Board on January 1.

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