Purchasing 11.5m shares, VEIL becomes strategic partner at PCC1
Power Construction JSC No 1 (PCC1) has sold nearly 11.5 million shares to the London-traded Vietnam Enterprise Investments Limited (VEIL) for nearly VNĐ380 billion (US$16.9 million).
Power Construction JSC No 1 (PCC1) has sold nearly 11.5 million shares to the London-traded Vietnam Enterprise Investments Limited (VEIL) for nearly VNĐ380 billion (US$16.9 million).
Indochina Capital and Kajima Corporation officially debuted the Indochina Kajima Development (ICC-Kajima) yesterday, a joint effort to invest $1 billion in the Vietnamese real estate market in the next 10 years.
Private realty developer Truman Holdings Corporation Viet Nam announced a VND2 trillion (US$89.6 million) project named New City Project in northern Thá Binh Province on Wednesday.
A seminar held in the capital yesterday by the Central Institute for Economic Management (CIEM) and Japan’s Mitsubishi Research Institute (MRI) reported the findings of a study on the slow growth of the Vietnamese parts supply industry.
Hà Nội will develop luxury hotels in the capital city’s prime locations in the next five years, as part of its efforts to promote tourism.
Provinces and cities in the Southeastern region should enhance linkages to enable the region to capitalize on opportunities and overcome challenges from global integration, delegates said at a forum held in HCM City yesterday.
There remains room for Việt Nam and Brazil to foster bilateral co-operation, especially in agriculture, a business conference heard yesterday in Ha Noi.
Shares sank for a third day on the two national stock exchanges, driven by record foreign sells in the final reallocation trading day for Exchange-Traded Funds (ETFs).
Việt Nam may launch the first derivatives market in the first quarter of next year, officials said at a press briefing yesterday.
Experts highlighted the development potential of the Cửu Long (Mekong) Delta to Vietnamese and French entrepreneurs yesterday during an investment promotion seminar in Cần Thơ City.
The total value of the 50 most valuable brands in Việt Nam in 2016 amounts to around US$7.3 billion, an increase from around $5.5 billion last year.
Vietnamese businesses which have never exported Siluriformes fish (catfish) products to the United States have been asked to temporarily stop registering exports to that country.
Shares on the HCM Stock Exchange lost early gains in the morning trade yesterday as increased foreign selling continued to weigh on large-cap stocks.
The Việt Nam Singapore Industrial Park Joint Venture Company (VSIP) plans to expand its scale in Bình Dương and Bắc Ninh provinces to offer more diverse services to investors.
The State Bank of Việt Nam this week approved in principle a plan to merge the Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) and the Vinaconex-Viettel Finance JSC (VVF).
Việt Nam Competition Authority (VCA) has warned of fraud related to the trading of virtual currency and raising funds through a multi-level practice.
The Government will divest its stake in Vietnam Dairy Products JSC (Vinamilk) this year, a senior official from the Ministry of Finance told a press briefing on Wednesday.
There is an increasing risk that Việt Nam’s public debt will exceed a national red line, the Ministry of Planning and Investment (MPI) said in its latest report.
High stockpiles coupled with fierce competition from cheap imported steel are hitting the domestic steel industry which is already under scrutiny regarding its impacts on the environment. President of the Việt Nam Steel Association Hồ Nghĩa Dũng speaks to bnews.vn on the necessity of investments in steel production as well as what should be paid attention to when investing in steel projects.
The export value of domestic fruits and vegetables is expected to reach US$2.5 billion this year, surpassing the value of rice exports for the first time, the Ministry of Agriculture and Rural Development (MARD) announced.