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

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

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.

Administrative sanction imposed to retail store chain Con Cung

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

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

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.

Location remains to be top priority for Vietnamese homebuyers: Savills

Location remains to be top priority for Vietnamese homebuyers: Savills

REAL ESTATE - Sep 13, 2018 | 01:51 PM GMT+7

In Vietnam, location remains the top priority for homebuyers, according to Duong Duc Hien, Director of Residential Sales North and Central region Savills Vietnam.

Global giants exposed bold commitments in dialogue with PM

Global giants exposed bold commitments in dialogue with PM

NEWS - Sep 13, 2018 | 09:31 AM GMT+7

Google, Apple, Facebook, GE, Thaibev and Hitachi all committed to investing more and doing long term business in Vietnam as it is one of most successful stories in the world.

Uber agrees to pay $2.4 million tax arrears despite leaving

Uber agrees to pay $2.4 million tax arrears despite leaving

NEWS - Sep 12, 2018 | 04:51 PM GMT+7

Netherland based Uber B.V Co., Ltd. has agreed to pay all of its tax arrears equivalent to the amount of $2.4 million to Ho Chi Minh City Department of Taxation after the ride hailing app left Vietnam.

CFO World Congress first to be held in Vietnam

CFO World Congress first to be held in Vietnam

NEWS - Sep 12, 2018 | 02:57 PM GMT+7

The 48th CFO World Congress themed "Transforming finance in the digital age" would attract more than 500 business leaders, global chief financial officers, finance directors and other finance executives from all continents.

Inclusive business is exception rather than norm: Oxfam

Inclusive business is exception rather than norm: Oxfam

NEWS - Sep 12, 2018 | 12:22 PM GMT+7

Vietnam’s richest man earns more in a day than the poorest person earns in 10 years, according to an Oxfam Report which further specifies that despite this economic progress, the divide between the rich and poor has continued to grow.

Lotte Vietnam misses plans to open more Lotte Mart supermarkets

Lotte Vietnam misses plans to open more Lotte Mart supermarkets

BUSINESS - Sep 12, 2018 | 08:43 AM GMT+7

No supermarket was opened in the past eight months though Lotte Vietnam Shopping Joint Stock Company has set out an ambitious plan to open more 12 Lotte Mart supermarkets in Vietnam since early this year.

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