Genco 3 confirms IPO date in February 2018

The Power Generation Corporation 3 (Genco 3) will put more than 267 million shares, accounting for 12.8 per cent of its charter capital, up for sale in its initial public offering (IPO) in February 2018.

Banks push VN-Index to new 10-year high

Việt Nam’s benchmark VN Index rose to a 10-year high on Thursday, boosted by financial stocks that are expected to deliver positive earnings reports for the past quarter and the whole year.

Thaco’s first BMW and MINI cars shipped

The first 55 cars of Trường Hải Automobile Joint Stock Co (Thaco), including 21 BMW-branded cars and 34 MINI-branded cars, have officially shipped to Việt Nam for year-end distribution.

 

Vietnam, Russia sign deal on autos

Russian vehicle makers will set up joint ventures in Việt Nam to manufacture and assemble trucks and cars with 10 seats and above, crossover utility vehicles and several kinds of special-purpose vehicles.

TMV to recall over 8,000 Corolla units

Toyota Motor Vietnam (TMV) is recalling more than 8,000 locally-assembled Corolla units to check and replace the airbag inflator module of the front passenger airbag.

Quảng Ninh wants $660m for projects

The People’s Committee of the north-eastern Quảng Ninh Province is calling for an investment of VNĐ15 trillion (US$660.8 million) into five projects.

VN firms need trademarks: experts

Enhancing the capacity of enterprises, especially in creating trademarks, is an important requirement for enterprises to meet consumer demand in domestic and export markets, heard a conference in Hà Nội on Wednesday.

VN stocks rises for a fourth day

Việt Nam’s benchmark VN Index increased for a fourth straight session on investor confidence in both the corporate sector and the country’s overall economy in the fourth quarter.

Quảng Ninh shows strong investment growth this year

The northern province of Quảng Ninh in 2017 saw a year-on-year increase of 10.1 per cent in total investment to VNĐ60.6 trillion, according to the Quảng Ninh provincial Department of Planning and Investment.

Association proposes housing stimulus package

HCM City Real Estate Association has proposed the State Bank of Việt Nam should raise a stimulus package similar to its previous VNĐ30 trillion (US$1.3 billion) preferential home loan package.

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