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
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.
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.
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.
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 has acquired the business operations of Smartly, one of the first robo-advisory investment platforms launched in Singapore.
The Taiwan-based tea company is going to end its operation in Vietnam in mid August after less than two years of entry.
Five local enterprises have striven to the Asia300 Power Performers, with three have got to the top 100.
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.
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.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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