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Maritime Bank's shareholder gains hefty profit after divesting from Vinatex

Maritime Bank's shareholder gains hefty profit after divesting from Vinatex

As soon as becoming Vinatex’s strategic shareholder in 2014, VID Group used the majority of the shares held in Vinatex as collateral for its debt repayment obligations at Maritime Bank, of which the company is also a shareholder.

HAGL aims to acquire $176 million in revenue from fruit tree sector

HAGL Joint Stock Company or HAGL targets to gain a revenue of $273.5 million and gross profit of $121.7 million in 2018 only.

Dung Quat oil refinery gains $130 million profit in first six months

In the first half of 2018, revenue of Binh Son Refining and Petrochemical (BSR) which operates Vietnam’s first Dung Quat oil refinery is estimated to reach up to $2.4 billion, fulfilling 71 per cent of its full year target.

Techcombank to increase charter capital threefold up to $1.53 billion

A plan to increase the charter capital up to $1.53 billion from $504 million to become the third largest bank in Vietnam was approved in shareholders' extraordinary meeting of Techcombank held yesterday.

Sacombank to auction $135 million real estate assets on June 28

Saigon Thuong Tin Commercial Joint Stock Bank or Sacombank will auction several land plots in Ho Chi Minh City and industrial land plots in Long An province through Global Auction Services JSC on this June 28.

Concern raised over MB's abnormal loans to property projects at over $441 million prior to listing schedule

In preparation for listing on Ho Chi Minh City Stock Exchange scheduled in the first quarter of next year, Maritime Bank has recently announced a release of shares transfer restrictions to facilitate the bank’s shareholders’ transactions.

Ride-hailing app FastGo kicked off to pressurize Grab for market share

FastGo Vietnam Co., Ltd. has launched its ride-hailing application called “FastGo”, the first ever application in the current market to protects customers on each trip using Fast Protection insurance with a value up to $8,700.

Phuong Nam to divest from Korean cinema chain CGV

Under pressure to pay a $7-million debt and an $812,115 interest, Phuong Nam Culture JSC or PNC has to sell more than half of its shares held in CJ CGV Vietnam Co., Ltd.

Habeco lost market shares due to sluggish State capital divestment

The longer time the State capital divestment takes, the greater the risk of competition for Habeco is, especially when their business results are showing signs of deterioration, gradually being left behind by other competitors such as Sabeco and Heineken in the war of gaining market share.

Vingroup surprisingly unveils its $132 million production project of smartphone Vsmart

Vsmart plant will be built at VinFast auto manufacturing complex in the Hai Phong's Dinh Vu – Cat Hai economic zone.

Hai Phat Invest to list on bourse for ambitious targets of property development

Hai Phat Invest is expected to list on Ho Chi Minh Stock Exchange as part of its plan to raise cash for property development.

Stock indexes
976.54 7.14 0.74
Volume: 84,228,734 Value: 2,400.7 (Billions VNĐ)
110.63 0.47 0.42
Volume: 27,914,547 Value: 479.49 (Billions VNĐ)
51.74 -0.05 -0.09
Volume: 7,279,375 Value: 118.82 (Billions VNĐ)
963.6 7.85 0.82
Volume: 27,123,350 Value: 1,210.79 (Billions VNĐ)