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E-commerce marketplace Sendo enjoys $51-million investment

E-commerce marketplace Sendo enjoys $51-million investment

Sendo Technology JSC, the operator of online trading platform Sendo, announced that it has secured an investment of $51 million from existing partners and especially new investors namely SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures.

Auto firms made eloquent appeal for relief action

The Vietnamese automobile market is said not to be really stable because of negative impacts incurred by requirements of Decree No.116/2017/ND-CP, threatening security of thousands of jobs.

Way for Vietnamese smartphone brands to gain a niche on home market

In the domination of foreign manufacturers in smartphone market, Vietnamese companies, including some that are new to the sector, must find best way to enter.

The largest private luxury hotel chain in Vietnam suffered severe losses

Besides suffering losses in its hotel business over the years, Muong Thanh Hospitality also has to deal with several legal issues, mainly from the construction of high-end apartments.

TH Group's half-billion-dollar ambition in the wood industry

The alluring wood industry with a huge export turnover has stimulated the leading milk producer TH Group to seek a new opportunity of investment by formulating a wood processing plant which has a total investment of $500 million.

Masan partners with Korean sausage producer to turn out products

Masan Consumer Corporation announced that Saigon Nutri-food Joint Stock Company (SNF), its wholly-owned subsidiary, has formed a strategic partnership with Jinju Ham Co., Ltd (Jinju Ham), a leading Korean-branded processed meat company.

Milk producers enter into tough rivalry on saturated market

Vinamilk's existing business segments including powdered milk and yogurt, are facing fierce competition from both foreign and domestic milk producers under the context of market saturation.

Habeco experiencing ups and downs to transform itself on the uptrend

Product diversification and distribution system expansion will be the main focus of Habeco in the near future, only when these matters are resolved, the company may have a chance to rise in the brewery industry.

Despite optimistic business prospects, GM still agreed to be "acquired"

Despite the humble market share of Chevrolet, GM's car sales have been growing well in recent years thanks to its widespread distribution with 22 dealers nationwide, which will play crucial element to help VinFast form an auto sales and service network in its fledgling period of operation.

Keppel Land divested from The Metropole Thu Thiem project

After SonKim Land was selected for the developer of the Metropole Thu Thiem project in early this month, Keppel Land has sold two thirds of its shares in Quoc Loc Phat Joint Stock Company to recoup investment.

Foreign ride-hailing applications cope with new battle to acquire $1.7 billion market dominance

It is undeniable that domestic ride-hailing applications are making a lot of efforts to improve its service quality as well as its technology and technique but still it does not seem to be enough to catch up with Grab.

Stock indexes
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51.47 0.08 0.16
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