Wednesday, July 18,2018 - 13:54 GMT+7  Việt Nam EngLish 

  Two foreign firms vie for Vinamilk shares (Wednesday, July 18,2018)

Two investors from Singapore are competing to raise their ownership in Vietnamese dairy processor Vinamilk as the firm plans to sell more shares.

  Fivimart and Citimart report accumulated losses with AEON on board (Wednesday, July 18,2018)

After co-operating with Japanese supermarket chain operator AEON Company Limited, while the operations of Hanoi-based Fivimart and Saigon-based Citimart improved, they also fell deeper into losses.

  Vietjet opens new route to Osaka (Wednesday, July 18,2018)

Vietjet has opened an HCMC–Osaka route, following the successful launch of the Hanoi-Osaka route to meet the travel and trade demands of tourists and locals.

  PetroVietnam posts positive outcomes in H1 (Wednesday, July 18,2018)

The Vietnam Oil and Gas Group (PetroVietnam) not only reached the majority of its targets for the first half of 2018, but also went beyond expectations, statistics showed.

  Nam Long announces cooperation on mega residential complex in Long An (Tuesday, July 17,2018)

Nam Long Group has announced its strategic cooperation with three other investors to develop the first phase of Waterpoint Township, a mega ecological residential area in Long An Province.

  Vinalines to auction over 280 million shares in August (Tuesday, July 17,2018)

Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.

  BCONS teams with Thai partner for project development (Tuesday, July 17,2018)

BCONS Construction signed a memorandum of understanding (MoU) with A Asset Co., Ltd, a subsidiary of Thailand-based PPSN Co., on July 14 on cooperation in the design and management of a construction project.

  FPT buys US-based tech advisory firm (Monday, July 16,2018)

Information-telecommunication-technology group FPT Corporation (FPT) has acquired 90% of the US-based tech advisory firm Intellinet Consulting (Intellinet).

  Agribank aims to maintain top commercial bank status (Monday, July 16,2018)

The Vietnam Bank for Agriculture and Rural Development (Agribank) aims to maintain its status as the leading commercial bank in Vietnam in its strategic business orientation to 2025.

  Binh Thuan businesses protest beach erosion (Sunday, July 15,2018)

Many businesses in Binh Thuan said they face difficulties and called on provincial authorities to resolve them.

  TNI opens first King Coffee in Gia Lai (Saturday, July 14,2018)

TNI Corporation has opened the first cafe under the King Coffee brand in Gia Lai Province as part of its strategy to develop a coffee shop chain in Vietnam.

  More enterprises shuttered in first half of 2018 (Saturday, July 14,2018)

Despite the high economic growth, the number of businesses shutting down across the country in the first half of 2018 was higher than expected, leading to a slump in job creation compared with the same period last year, experts said.

  Nokia sees Vietnam as key market (Friday, July 13,2018)

A representative of HMD Global, the maker of Nokia-branded mobile phones, has confirmed that Vietnam is a key market for Nokia owing to its robust growth for both basic phones and smartphones.

  Nestlé enters Vietnamese fish sauce market (Friday, July 13,2018)

Nestlé Vietnam, which has long been known as a major beverage maker, launched a Maggi fish sauce on July 10, marking its entry into the local fish sauce market.

  Domestic companies earn US$33 billion from Jan-June exports (Thursday, July 12,2018)

The domestic business sector earned roughly US$33.1 billion in outbound sales in the first half of the year, increasing by 19.9% year-on-year, according to a newly released report by the Ministry of Industry and Trade (MoIT) on its website.

  Bamboo Airways given approval for investment (Thursday, July 12,2018)

Deputy Prime Minister Trinh Dinh Dung has approved Bamboo Airways’ investment project at Phu Cat Airport in the south central province of Binh Dinh.

  IFC, TPBank sign deal on US$100 million loan (Wednesday, July 11,2018)

The International Finance Corporation (IFC) and Tien Phong Commercial Joint Stock Bank (TPBank) have inked a deal under which the IFC will provide a syndicated loan of US$100 million to help TPBank extend long-term funding to mirco-, small- and medium-sized enterprises (MSMEs), and individual borrowers through digital delivery channels.

  Vietnam Airlines offers QR code payment for passengers (Tuesday, July 10,2018)

The national carrier Vietnam Airlines has officially started accepting quick response (QR) code payments for its passengers from July 9.

  BSR changes to joint stock model (Tuesday, July 10,2018)

Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai has officially been operating as a joint stock company since July 1, 2018.

  European firms optimistic about Viet Nam’s business environment (Tuesday, July 10,2018)

European firms remain optimistic about the business environment in Viet Nam, according to EuroCham’s latest Business Climate Index (BCI).

  Vietcombank named Vietnam’s best bank in 2018 by FinanceAsia (Monday, July 9,2018)

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the best bank of Vietnam in 2018 by FinanceAsia.

  Insurance firms plan to go digital (Monday, July 9,2018)

Most insurance businesses are planning to apply new technologies in management systems and improving customer services, and many also plan to study new products to meet the market’s demand and diversify insurance sale channels, according to a recent Vietnam Report survey.

  Vietnamese business club makes debut in RoK (Monday, July 9,2018)

The Vietnamese Business Club in the Republic of Korea (VBCK) made its debut at a ceremony in Seoul on July 7, drawing the attendance of hundreds of Vietnamese and Korean businessmen.

  TMV’s first batch of automobiles enters Vietnam (Sunday, July 8,2018)

Toyota Motor Vietnam (TMV) has imported 200 cars through Hiep Phuoc Port in HCM City after six months of suspending imports to Vietnam.

  Viettel posted profit in 8 out of its 10 overseas markets (Saturday, July 7,2018)

Military-run Viettel Group reported profits in eight of its 10 overseas markets including Peru, Cambodia, Laos, Haiti, Burundi, East Timor, Mozambique and Cameroon in the first half of the year.

  Lotte Mart’s private brand among Top 100 products, services for families, children (Friday, July 6,2018)

Choice L, an exclusive brand of Lotte Mart in Viet Nam, has been named as one of the “Top 100 Best Products and Services for Families and Children in 2018” by the Labour and Society Newspaper, the Family and Children Magazine and Bao Sang Development JSC.

  Four foreign investors lose opportunity at strategic stake in PV Oil (Friday, July 6,2018)

The government’s refusal to extend the deadline to look for strategic investors closes the gates for foreign investors looking for a strategic stake in Vietnam Oil Corporation (PV Oil).

  Vinamilk’s products present in 43 countries (Thursday, July 5,2018)

Dairy giant Vinamilk’s products have hit supermarket shelves in 43 countries and territories across five continents.

  Agribank lends over US$219 million to develop hi-tech agriculture (Thursday, July 5,2018)

The Vietnam Bank for Agriculture and Rural Development (Agribank) has so far provided more than VND5.1 trillion (US$219.3 million) in soft loans for hi-tech agricultural projects across Vietnam.

  Over 64,500 new enterprises set up in first half of 2018 (Wednesday, July 4,2018)

As many as 64,531 new enterprises have been set up in the first half of 2018 with a total registered capital of VND649 trillion (US$28.6 billion), up 5.3% and 8.9% from the same period last year, respectively.

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