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Logistics firm gets $70 million-funding from IFC

Logistics firm gets $70 million-funding from IFC

The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.

Masan to list its meat business on local bourse this year

Masan Group is going to trade its MeatLife’s shares on the local stock exchange in 2019 and targeting at getting all of its subsidiaries on the board of stock by 2023 in a bid to maximise its shareholders’ benefits.

Vietstar Airlines granted consent for commercial operations

The Vietnam Civil Aviation Authority (CAAV) has granted an Aircraft Operator Certificate (AOC) to Vietstar Airlines to carry out commercial flights in the country.

Top Glove spending $25 million on first factory in Vietnam

The world’s largest rubber glove manufacturer Top Glove will open its first plant in Vietnam next year to cater to the rising demand for hygienic gloves.

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.

Stock indexes
961.26 11.36 1.2
Volume: 452,492,266 Value: 9,460.06 (Billions VNĐ)
141.7 0.84 0.6
Volume: 0 Value: 0 (Billions VNĐ)
63.91 0.27 0.42
Volume: 40,421,169 Value: 471.7 (Billions VNĐ)
930.3 12 1.31
Volume: 163,038,710 Value: 5,006.94 (Billions VNĐ)