Việt Nam News

The Vietnam Entertainment Fund (VEF), which aims to increase value through medium- and long-term investments in the entertainment sector, made its debut in HCM City on Thursday. 

US based cloud computing company, Nutanix, is now present in Việt Nam to support business growth with its leading hyperconverged solutions, including 100 per cent software-based and multi-cloud management technologies.

The Taiwanese International Trade Fair – Taiwan Expo (Taiwan Expo 2018), which opened in HCM City on Thursday offers Vietnamese and Taiwanese companies the opportunities to tie up with each other.

Alpha King, a foreign-owned property developer and consultancy, officially launched in HCM City on Wednesday nearly two years after first coming to the country.

FedEx Express, one of the world’s largest express service providers, launched a new flight on Wednesday connecting Hà Nội with the FedEx Asia-Pacific Hub in Guangzhou, China.

Samsung Việt Nam (SEV) and the Ministry of Industry and Trade (MoIT) on Tuesday in HCM City opened the third and forth course of the training programme for Vietnamese consultants in support industry in the south.

The Việt Nam Vegetable Oils Industry Corporation (Vocarimex) has seen a significant improvement in performance in the one year since it was acquired by giant food producer KIDO Group.

Xiaomi on Tuesday officially unveiled its next generation Android One smartphones, Mi A2 and Mi A2 Lite.

Home Credit Vietnam Finance Company Limited has tied up with three insurance companies, PTI, GIC and Bảo Minh, to provide additional benefits to the spouses of customers who buy insurance to cover 100 per cent of their loan.

The Petrovietnam Petrochemical and Textile Fiber Joint-Stock Company (PVTex) with An Phát Holdings JSC (APH) and An Sơn Textile Fiber JSC on Tuesday signed a contract to process drawn textured yarn (DTY) made by Đình Vũ polyester fibre plant.

The Việt Nam National Textile and Garment Group (Vinatex) on Tuesday officially opened the Vinatex Fashion Centre in Hà Nội.

The Cotec Construction Joint Stock Company (Coteccons or CTD) announced revenue of VNĐ8.3 trillion (US$360 million) in the second quarter of this year, up 34 per cent year-on-year.

BIDV Metlife is targeting premium growth of 50 per cent to reach VNĐ90 billion (US$3.87 million) this year.

Pickup truck Ford Ranger has continued its success in the Asia Pacific in 2018 with  sales  increasing in the first six months by almost 9 per cent year-on-year to 69,103 units, Ford said.

Chubb Life Insurance Vietnam Company Ltd has been conferred the “International Life Insurer of the Year” and the “New Insurance Product of the Year” awards for the Vietnamese market by Insurance Asia, a Singapore-based finance and insurance publication.

Giant property company Phú Mỹ Hưng Development Corporation late last week unveiled a show house of its new project, Hưng Phúc Premier (Happy Residence Premier), where it plans to start selling units next month.

Sacombank recovered more than VNĐ3.6 trillion (over US$154.5 million) worth of bad debt in the first half of the year, bringing its non-performing loan ratio to 3.3 per cent compared to 4.28 per cent at the end of last year.

Ending the first half of the year, FPT’s revenue and profit before tax exceeded the year-to-date target and achieved strong growth.