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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.

Vingroup to launch smartphones next week

After six months of research and development, first four Vsmart-branded smartphones of the leading multidisciplinary Vingroup will be launched on December 14, 2018 at Landmark81 Skyscraper in Ho Chi Minh City.

Vietcombank and VIB approved to apply Basel II standards

The State Bank of Vietnam has approved Vietcombank and Vietnam International Bank to apply the Basel II standards from January 01, 2019, one year ahead of deadline.

Mysterious intentions behind $316-million deal of acquiring Vinaconex

A bidder has generously offered $316 million to acquire a struggling Vinaconex, which economic experts find hard to understand.

Topica Edtech Group raises $50 million in funding round

This is one of the largest investments ever in educational technology in Southeast Asia.

VietinBank Insurance offers 25-per cent stake to Korean partner

The deal will raise VietinBank Insurance Co., Ltd´s capital to $28.6 million so as to improve its balance sheet and expand its operations.

Investor pays $300 million to acquire Vinaconex but still faces challenge ahead

An Quy Hung Company Limited is to mobilize over $300 million to pay the State Capital Investment Corporation, the current owner of Vinaconex before December 5 to aquire the leading real estate and construction firm.

Vietnam’s largest shrimp and pangasius exporters reaped record revenues

The Vietnam's two leading companies in shrimp and pangasius export achieved positive business results with export value of nearly $1 billion in the first ten months of this year.

'Pepper king' Phuc Sinh turns to coffee due to plummet of pepper price

Phuc Sinh Corporation strongly moved into the coffee sector with the investment on high standard factory in Son La province and development of coffee products called K Coffee.

Vietnam Airlines encounters difficulty due to high fuel prices

The average fuel price in the third quarter rose by 37.5 per cent over the same period, which caused the total cost of Vietnam Airlines to increase higher than its total revenue.

Thai tycoon unveils strategy for largest industrial park in Vietnam

While leading investors in the world are looking to industrial hot spots such as Dong Nai and Quang Ninh, Thailand based WHA Industrial Development Group chose Nghe An province, the northern central area of Vietnam, as its first overseas destination.

Stock indexes
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911.8 3.98 0.44
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