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Levitate creates 'new normal' in buying homes

Levitate creates 'new normal' in buying homes

Teaming up with real estate and technology experts to found Levitate, former Lazada Vietnam COO Fabian Wandt wants to help real estate developers deliver highly competitive and personalized products designed by home buyers themselves with the support of AI.

BIDV officially offloading 15 per cent stake to KEB Hana Bank

Through a private placement, BIDV will be issuing 603,302,706 shares, equivalent to 15 per cent of its charter capital to Korea’s KEB Hana Bank, raising its chartered capital to VND40.22 trillion ($1.74 trillion

Local customers getting more satisfied with consumer finance

Customers are generally satisfied with their consumer finance (CF) experience, with over 80 per cent of respondents would apply for CF products again and would recommend to friends and family, according to a survey by FinnGroup.

Japan’s Matsumoto Kiyoshi Holdings expanding drugstore business to Vietnam

The Matsudo-based drugstore and pharmacy chain operator will be expanding its business to Vietnam through the collaboration with Lotus Food Group Co., Ltd., as part of its proactive global development scheme.

Pan Group to ramp up possession at Bibica to 100 per cent

The local agriculture and food company has announced its plan to purchase over 7.7 million shares of Bibica JSC, seeking to bolster its holdings at the confectionery company to 100 per cent to broaden its entire production infrastructure and productivity.

Vietnam Airlines reports 11 per cent fall in half-year pre-tax profit

The national flag carrier has revealed its second quarter’s business results with a VND51.6 trillion ($2.24 billion) in revenue, up 5.5 per cent on-year. Its pre-tax profit has nevertheless been down by almost 11 per cent on-year to VND1.65 trillion ($71.73 million).

VinaCapital acquires Singapore’s robo-advisory platform Smartly

VinaCapital has acquired the business operations of Smartly, one of the first robo-advisory investment platforms launched in Singapore.

Taiwanese Ten Ren’s Tea quits Vietnam

The Taiwan-based tea company is going to end its operation in Vietnam in mid August after less than two years of entry.

Vinamilk, Vietcombank and PetroVietnam in top Asia100 power performers

Five local enterprises have striven to the Asia300 Power Performers, with three have got to the top 100.

Vietnam cold chain logistics set to rise, expects more foreign investments to come

The cold chain industry is forecast to value at $169 million in 2019, fueled by the development of processing industry and modern trade retails, according to FiinGroup.

VPBank raises $300 million under $1-billion EMTN Programme

Vietnam Prosperity JSB (VPBank) has successfully issued $300-million 3-year notes to Asian and European investors within the context of its $1-billion Euro medium term note (EMTN) programme.

Stock indexes
1,035.91 -38.61 -3.59
Volume: 877,310,089 Value: 16,976 (Billions VNĐ)
225.85 -9.28 -3.95
Volume: 84,927,680 Value: 1,301 (Billions VNĐ)
79.98 -2.43 -2.95
Volume: 52,045,887 Value: 587 (Billions VNĐ)
1,039.54 -41.82 -3.87
Volume: 261,705,900 Value: 6,005 (Billions VNĐ)