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IRBLand announced $215 million urban area project in Phu Yen

IRBLand announced $215 million urban area project in Phu Yen

REAL ESTATE - Sep 22, 2018 | 05:59 PM GMT+7

Phoenix Garden is one of the largest urban area projects which are under deployment in Phu Yen province.

Mekong Capital completes 26 exits of private equity investments

Mekong Capital completes 26 exits of private equity investments

NEWS - Sep 21, 2018 | 09:27 AM GMT+7

Mekong Capital has become one of the first private equity funds in Asia to have fully divested three funds.

Korean Group invests $470 million to become Masan's largest foreign shareholder

Korean Group invests $470 million to become Masan's largest foreign shareholder

BUSINESS - Sep 20, 2018 | 08:01 AM GMT+7

Korea’s multi-sector group has spent $470 million on purchasing nearly 110 million treasury shares, equivalent to a 9.5 per cent stake in Masan Group.

Mega ICBC stands behind Phu My Hung's $400 million consolidated loan

Mega ICBC stands behind Phu My Hung's $400 million consolidated loan

REAL ESTATE - Sep 19, 2018 | 03:46 PM GMT+7

Taiwan based Mega International Commercial Bank has offered several short-term loans worth dozens of millions of US dollars to Phu My Hung to deploy projects in Vietnam since 2013.

$45 million first factory complex for lease in Da Nang Hi-Tech Park to kick off

$45 million first factory complex for lease in Da Nang Hi-Tech Park to kick off

REAL ESTATE - Sep 19, 2018 | 08:27 AM GMT+7

Da Nang City People's Committee has just granted the investment certificate to Long Hau Joint-Stock Company to build the first factory complex for lease on an area of 29.6ha in Da Nang Hi-tech Park.

Administrative sanction imposed to retail store chain Con Cung

Administrative sanction imposed to retail store chain Con Cung

BUSINESS - Sep 18, 2018 | 05:34 PM GMT+7

The Market Surveillance Agency has just issued a decision on an administrative fine of VND250 million, equivalent to $10,766 to the maternal and baby products distributor Con Cung for eleven violations.

Japanese firm poured $31 million in IDS Equity Holdings Vietnam

Japanese firm poured $31 million in IDS Equity Holdings Vietnam

NEWS - Sep 18, 2018 | 10:43 AM GMT+7

Japan based Samurai Power, Inc. has recently finalized its $31 million strategic investment deal in IDS Equity Holdings, a local capital investment firm specializing in the acquisitions of small-to-medium-sized businesses.

Vietnam’s economy is radically shifting: PhD. Vo Tri Thanh

Vietnam’s economy is radically shifting: PhD. Vo Tri Thanh

LEADER TALK - Sep 18, 2018 | 10:33 AM GMT+7

The current situation makes Vietnamese businesses understand that innovation is pivotal, which is a positive signal of the economic transformation in the country.

FLC enters into pharmaceutical and medical industry

FLC enters into pharmaceutical and medical industry

NEWS - Sep 17, 2018 | 05:39 PM GMT+7

The high-tech pharmaceutical complex project invested by FLC Group is expected to be built on an area of over 500 hectares in Van Don district, Quang Ninh province.

Nearly 2,000 tax-free automobiles imported to Vietnam last week

Nearly 2,000 tax-free automobiles imported to Vietnam last week

NEWS - Sep 17, 2018 | 05:23 PM GMT+7

The number of tax free cars with nine or fewer seats imported last week mostly originated from Thailand and Indonesia with 712 and 397 units, respectively.

Bamboo Capital pours investment in three solar power plants in Long An province

Bamboo Capital pours investment in three solar power plants in Long An province

BUSINESS - Sep 17, 2018 | 10:00 AM GMT+7

The first project was kicked off with a total investment of $42 million.

Destination of Phu My Hung's huge profits

Destination of Phu My Hung's huge profits

BUSINESS - Sep 16, 2018 | 06:05 PM GMT+7

Phu My Hung joint venture reported an after- tax profit of nearly VND3.27 trillion, equalling to $140 million in 2016 only and was one of the largest profitable real estate companies in Vietnam.

$100-million Phu Yen racecourse project still paralyzed

$100-million Phu Yen racecourse project still paralyzed

BUSINESS - Sep 16, 2018 | 02:10 PM GMT+7

Although investor proposed to offer bets on dog and horse racing, the project has not commenced yet and around $400,000 only has been disbursed up to now.

Back in the race, Toyota Fortuner listed among top five best sellers

Back in the race, Toyota Fortuner listed among top five best sellers

NEWS - Sep 16, 2018 | 12:13 AM GMT+7

Toyota's market share rose to nearly 25 percent in August after ranging around only 21 percent for months.

Heineken Vietnam honored amongst best companies to work in Asia

Heineken Vietnam honored amongst best companies to work in Asia

NEWS - Sep 16, 2018 | 12:06 AM GMT+7

Heineken Vietnam has been recognized as one of the best companies to work for in Asia by the HR Asia Magazine, one of Asia’s leading publications for HR professionals.

Vietnam's workforce must tackle digital skill gap: PwC's CEO

Vietnam's workforce must tackle digital skill gap: PwC's CEO

NEWS - Sep 15, 2018 | 01:29 PM GMT+7

Re-skill the labour force, strengthen digital connectivity and boost cooperation between public and private sector are the way forward for Vietnamese businesses to promote sustainable growth in 4.0 industrial revolution, according to Dinh Thi Quynh Van, General Director of PwC Vietnam.

Danish pump giant steps up in Vietnam

Danish pump giant steps up in Vietnam

NEWS - Sep 15, 2018 | 12:31 PM GMT+7

Grundfos, the Denmark-based global leader in advanced pump solutions and water technology has just appointed Trung Thien International Trade Invest JSC as the company’s main distributor in Vietnam for their newly launched pump products for use in and around Vietnamese homes.

How to build and run effective boards?

How to build and run effective boards?

NEWS - Sep 15, 2018 | 09:18 AM GMT+7

“Building and Running Effective Boards: Roles of Chairperson and succession planning” workshop with the presence of many big names in corporate governance will help participants to find and solve their problems.

Fourth industrial revolution: Short term pain before long term gain

Fourth industrial revolution: Short term pain before long term gain

LEADER TALK - Sep 14, 2018 | 08:40 AM GMT+7

The future would be driven by the startups whose businesses are led by young people that is why Vietnam has so much potential in today revolution since Vietnam’s population is very young and most of them are high tech entrepreneurs, according to Datuk Yasmin Mahmood.

Enterprise's triumph is Government's success: PM

Enterprise's triumph is Government's success: PM

NEWS - Sep 14, 2018 | 08:32 AM GMT+7

Vietnam does not aspire to become the best in the global value chain, instead the country wants to be friend with the best, according to Prime Minister Nguyen Xuan Phuc at the Vietnam Business Summit held in Hanoi yesterday within the framework of the World Economic Forum on ASEAN.

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