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.
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.
A bidder has generously offered $316 million to acquire a struggling Vinaconex, which economic experts find hard to understand.
This is one of the largest investments ever in educational technology in Southeast Asia.
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.
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.
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.
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.
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.
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.
