Việt Nam News

CJ CheilJedang, a subsidiary of South Korean conglomerate CJ Group, on Monday announced a new vision for its food business in Việt Nam.

Hà Nội Stock Exchange has allowed Mai Linh Northern Joint Stock Company to register 48.6 million shares on the Unlisted Public Company Market (UPCoM) under stock code MLN.

The construction of an ultra-clear float glass factory, the first of its kind in Việt Nam, kicked off in the southern Bà Rịa-Vũng Tàu Province’s Tân Thành district on Monday.

An Việt International Operation Investment JSC and Iran’s Rahavaran Tosee Mihan company signed a Memorandum of Understanding (MoU) last week to achieve a two-way trade volume of US$500 million by 2018.

The additional branches are eligible to undertake a variety of financial and banking activities, such as capital mobilisation, lending, payment and others, the bank said in its statement.

 Lộc Trời Group listed over 67 million shares on the Unlisted Public Company Market (UPCoM) on Monday.

The Hồ Chí Minh City-based Saigon Plant Protection JSC (SPC) has recently opened a representative office in Myanmar, after obtaining a local licence earlier this year.

Hà Nội Power Corporation (EVN Hà Nội) put into operation 179 medium and low voltage grid works in the first six months of the year, contributing to providing electricity for production and daily living of residents.

The US Department of Commerce (DOC) has announced the termination of the anti-dumping investigation on polyester fibre imported from Việt Nam.

Bosch Group will pump an extra US$47 million into its manufacturing plant in the southern province of Đồng Nai, adding to the capital already invested by the group over the past few years.

Sài Gòn Thương Tín Commercial Joint Stock Bank (Sacombank) reported pre-tax profit of VNĐ428 billion (US$18.9 million) in the first half of 2017, a year-on-year increase of 70.4 per cent.

Australia’s Anti-Dumping Commission (ADC) has announced a partial rescission of its anti-dumping, anti-subsidy investigation on Vietnamese zinc-coated (galvanised) steel.

Mercedes-Benz Vietnam (MBV) reported year-on-year growth of more than 60 per cent in automobile sales during the first half of 2017, its best performance in its 22 years in Việt Nam. 

Việt Nam is among the top ten countries buying US residential real estate, according to an annual survey of residential purchases from international buyers released earlier this week by the US National Association of Realtors (NAR).

Hà Nội Stock Exchange (HNX) has announced that Electricity of Việt Nam (EVN) will auction 15 per cent of its stake, equivalent to 37.5 million shares, in EVN Finance Joint Stock Company.

TRP Việt Nam Company Limited officially launched its production plant of thorns, heating pads and plastic materials with a capital investment of over US$42 million at Việt Nam - Singapore Industrial Park II, the southern province of Bình Dương on Friday.

TTC Energy Joint Stock Company has signed an agreement with Saigon Co.op Investment Development Joint Stock Company to install a 588 kWp solar power system on the roof of the latter’s Sense City Department Store in Bến Tre city.

Saigon Securities Inc. (SSI) reported pre-tax profits of VNĐ402.3 billion (US$17.7 million) on revenues of VNĐ762.1 billion (US$33.57 million) in the second quarter of the year, up 9.5 per cent and 10.3 per cent year-on-year.