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IFC lends VIB US$185 million to develop SMEs and strengthen housing segment

IFC lends VIB US$185 million to develop SMEs and strengthen housing segment

The financing package of International Finance Corporation (IFC) aims to address two key development challenges in Vietnam - the financing gap faced by micro, small and medium enterprises (SMEs) and the lack of affordable housing.

Innovative urban solutions for development of smart cities

Up to three winners of the Smart City Innovation Challenge (SCIC) were cash prized and will be fast-tracked to the cities’ acceleration programs to help localize their solutions, thereafter securing projects if agreed milestones are met.

A Hong Kong group becomes a major shareholder of Vinamilk

The Singapore’s Jardine Cycle & Carriage Limited (JC&C), acquired a total of 5.53 per cent stake in Vietnam Dairy Products JSC (Vinamilk) with the value at US$616.6 million through Platinum Victory Pte Ltd.

Vietjet reached a US$600 million deal with Pratt & Whitney

Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX) and VietJet Air have reached a deal including a 12-year EngineWise™ Fleet Management Program.

Seminar on the holding company model highlights big challenge to set up standards of corporate governance

A seminar on the holding company model scheduled for November 16 will host a maximum of 100 CEOs.

Agribank puts financial leasing company ALC I up for sale

ALC I has the charter capital of VND200 billion (roughly US$8.8 million) and mainly operates in the financial leasing field.

Masan earned profit of nearly US$47.3 million in the third quarter

Profit of Masan Group recovered after a sharp decline in the first half of 2017.

Wink Hotels brings bold new luxury to Vietnam

A visionary hotel brand heralds a vibrant new approach to affordable luxury in the Indochina region.

Vingroup reports losses of US$135.55 million in the retail sector

Revenues of over 1,000 convenience stores and supermarkets of Vingroup have not fully covered the investment cost though there is no sign of stoppage on its continuous expansion.

Sabeco reaped profits of US$154.7 million before its divestment

The share of Saigon Beer - Alcohol - Beverage Corporation (Sabeco) was traded at VND287,000 (US$13.6), up 2.3%.

Korean firm proposed to invest in 100 hectare project in Soc Trang

A project on growing organic mango in combination with garden tourism and solar power application on an area of 100 hectares has been proposed by the Narai Organic Farming Corporation, a South Korean firm.