Coteccons to expand foreign ownership

Coteccons Construction Corporation (Coteccons) (CTD) plans to raise its foreign ownership ratio cap from the current 49 per cent to 60 per cent, the company said.

SCIC divests from Điện Biên Company

State Capital Investment Corporation (SCIC) will sell 673,256 shares, or 47.23 per cent of charter capital, of Điện Biên General Services And Travel Trading Joint Stock Company.

VN to import petrol for next five years

Việt Nam is expected to continue importing petroleum products for the next five years as production of major oil refineries is unable to meet the increasing local demand.

Heineken Vietnam backs sustainable growth

Heineken Vietnam has announced its achievements and future direction for sustainable development through the release of its 2016 Sustainable Development Report.

 

Vietnamese dragon fruit exported to 40 markets

Vietnamese dragon fruit is being exported to 40 countries and territories, such as China, Thailand and Indonesia, according to the Ministry of Agriculture and Rural Development (MARD). 

Sofitel Legend Metropole Hanoi names new GM

Sofitel Legend Metropole Hanoi has tapped hospitality industry veteran William J. Haandrikman to lead the 116-year-old hotel as its general manager. Haandrikman was previously general manager of Thailand’s Sofitel Bangkok Sukhumvit.

Vinafood 2 to extend IPO

Deputy Prime Minister Vương Đình Huệ has ordered the extension of initial public offering (IPO) and adjustment of value of enterprises for equitising Việt Nam Southern Food Corporation’s (Vinafood 2).

VN Air firms awarded for service quality

Nội Bài Cargo Terminal Services (NCTS) JSC and Vietnam Airport Ground Services (VIAGS) Co., Ltd, both subsidiaries of national flag carrier Vietnam Airlines, received awards from Singapore Airlines for their excellent service for Singapore Airlines’ flights to and from Nội Bài International Airport.

Binh Son Refining and Petrochemical’s IPO lures investors

The initial public offering (IPO) of Bình Sơn Refining and Petrochemical Company Limited (BSR) in the fourth quarter of this year is expected to lure big investors, especially those with value, given the company’s mammoth capitalisation.

DBC plans to sell 55% capital in Dabaco Food

Việt Nam’s Dabaco Group (DBC) will transfer a part of its chartered capital in Dabaco Foodstuffs Processing Company Limited (Dabaco Food) to Kido Corporation (KDC) and DBC’s chairman of board Nguyễn Như So.

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