VinaCapital fund plans to divest from KDH
Once the deal is completed, Vietnam Ventures Limited will hold 20.5 million shares of KDH, equivalent to an ownership rate of 3.67 per cent and will no longer be a major shareholder of KDH.
Universal Robots advises Việt Nam’s manufacturers to deploy cobots
In 2020, the manufacturing sector played a pivotal role in driving Việt Nam’s economy, contributing to 5.82 per cent in the economy. Additionally, it accounts for 16.69 per cent of the GDP of Việt Nam.
Seafood exports to go up by 10% in Q2
Seafood exports are expected to fetch US$2.1 billion in the second quarter, a year-on-year increase of 10 per cent, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
Securities companies mobilise trillions of đồng to serve investors
With securities firms now allowed to increase their total liabilities to serve the increasing number of customers, the Vietnamese market has never been more active.
Legal framework needed to manage virtual financial investment platforms
Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.
'Vin' stocks drag down Vietnam market
The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) declined 0.48 per cent, or 6.02 points, to finish Tuesday at 1,252.68 points.
Transfer money for free, sign up for Sacombank's combo 4.0
Sacombank has rolled out Combo 4.0 with preferential treatment in terms of fees for retail customers using its eBanking services and Sacombank Pay app.
Northern provinces promotes sale of lychee amid pandemic
Việt Nam’s lychee production hubs are making preparations to promote sale of this type of fruit when the harvest season was nearing and to cope with any disruptions which might be caused by the COVID-19 pandemic.
Alibaba, Baring Private Equity Asia invest $400m in Masan retail arm, The CrownX
Masan Group Corporation (HOSE: MSN) and a consortium led by Alibaba Group and Baring Private Equity Asia on May 18 announced the signing of definitive agreements for the acquisition of a 5.5 per cent stake in The CrownX for a cash consideration of US$400 million.
Bắc Kạn launches OCOP e-commerce floor
Bắc Kạn's provincial authority signed a deal with the Kim Nam Group on Monday to launch the backanmarket.vn e-commerce floor, to boost the sustainable consumption of local One Commune, One Product (OCOP) goods.
Bình Định gives in-principle approval to urban, eco-tourism project
Bình Định Province's authority has given in-principle approval to a project on developing the Diêm Vân urban and eco-tourism area in Tuy Phước District.
PV Power to hold annual general meeting on May 27
PetroVietnam Power Corporation (PV Power) decided to hold the 2021 annual general meeting of shareholders on May 27.
Foodstuff prices rise, pose inflation threat
Prices of foodstuffs have been increasing due to rising costs of raw materials.
Việt Nam wants to quadruple mango exports by 2030
Việt Nam plans to expand the area under mango and production by 2030 to achieve exports of US$650 million to take advantage of the growing global demand for the fruit.
Local fashion brands struggle to compete in domestic market
A recent report on the local fashion market of the Vietnam Industry Research and Consultancy (VIRAC) found that Vietnamese fashion brands are losing out in the local market, which is increasingly dominated by international brands.
Logistics enterprises grow strongly in Q1, boosted by FTAs and industry's bright outlook
Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021.
HCM City to develop riverine infrastructure, economy
HCM City is focusing on developing riverside infrastructure and space for businesses there by 2045.
Aviation authority proposes removal ceiling rates of airfares
The Civil Aviation Authority of Vietnam (CAAV) has proposed removal of the cap for airfares on domestic flight routes operated by at least three carriers.
Shares lose ground on heavyweights
Vietnamese shares dropped on Monday, weighed down by market heavyweights as profit-taking pressure increased significantly towards the closing minutes of trading.
Coffee chains, foreign and local, keep expanding
Since entering Việt Nam last October, Thailand’s leading beverages chain Café Amazon has opened an outlet each in Bến Tre, Tiền Giang and Trà Vinh provinces and HCM City, and has plans to expand across the country.
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