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Ecopark appoints new CEO as it expands business beyond property

Ecopark appoints new CEO as it expands business beyond property

Property developer Viet Hung Urban Investment and Development Joint Stock Company has been renamed into Ecopark Group Joint Stock Company.

Techcombank accepts bonds as collateral for loan: The story behind

Customers who buy corporate bonds 'iBond' issued by Techcom Securities Company Limited can pledge them for a loan from this bank.

Private firm to spend $432 million treating industrial park wastewater

In the next three years, Hang Huu Huynh Waste Water Treatment Joint Stock Company, owned by entrepreneur Huynh Uy Dung, will pour about $432 million to build 100 wastewater treatment plants in environmental pollution hotspots across the country.

VinFast offers Premium cars with price 30 per cent lower than Toyota, Honda

VinFast will launch new Premium cars to the market by 2020 with a special competitive price policy covering all four segments A, B, C and D.

Increasing competition will cut down airlines’ profits

Domestic airlines may face difficulties in achieving high revenues in 2019 and profits are anticipated come mainly from the decline in oil prices and service fees from international visitors.

Yeah1 becomes the most successful deal among Vietnamese startups

Being the first media company in Vietnam to be listed on the stock exchange, Yeah1 has made the largest successful divestment deal ever when VinaCapital got the return up to $127 million from its only $3 million investment in Yeah1.

SBV approves Shinhan to acquire Prudential Vietnam Finance

The $150-million deal will be completed within next three months, adding to the list of business sectors of the Korean financial group in Vietnam covering banking, financial services and securities activities.

Vietnam shakes hands with Amazon to facilitate Vietnamese exports

Vietnam Trade Promotion Agency under the Ministry of Industry and Trade announced the cooperation with Amazon Global Selling to help Vietnamese enterprises, especially small and medium sized ones, promote exports through e-commerce.

US based toothpaste firm suffers $11 million loss in Vietnam

In the oral care market, the US based toothpaste company Colgate-Palmolive Vietnam is facing fierce competition from P/S and Closed Up and many other specialized brands.

VietinBank lags behind in race among the state-owned banks

While both Vietcombank and BIDV announced significant profit growth, Vietinbank remained quiet and kept secret until the end.

Vietnamese exporters can learn from the costly Ting Hsin scandal

Several years ago, the Vietnamese company Dai Hanh Phuc allegedly sold animal products to Ting Hsin, a Taiwanese food firm. Dai Hanh Phuc did not obtain the proper food safety conditions certificate, and resulting criminal case against Ting Hsin eventually saw the company’s chairman sentenced to 15 years in prison.

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