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Danish firm eyes $10-billion offshore wind project in Binh Thuan

Danish firm eyes $10-billion offshore wind project in Binh Thuan

With a potential capacity of 3.5 GW, the La Gan offshore wind project in Binh Thuan province is one of the first large scale offshore wind projects in Vietnam.

Saigon Co.op takes over Auchan stores in Vietnam

All 18 Auchan stores in Vietnam have now been acquired by Saigon Co.op.

Vingroup opts to stop Fitch credit rating

Fitch Ratings has withdrawn the ratings on Vingroup JSC.

Asian companies betting on innovations and human for future growth

Businesses across Asia increasingly believe the strongest opportunities for future growth lie in technology, sustainability and developing talent to harness digital advancement, according to HSBC Research.

Korea’s Alliex plans to invest $721 million into Vietnam’s POS system

The Seoul-based financial solutions provider is going to spend the fund on Vietnam’s integrated POS infrastructure, paving the way for other Korean investors to invest in the fintech field in the country.

ThaiBev hungers for multi-sector investments in Vietnam

Thai billionaire Charoen Sirivadhanabhakdi, founder of Singapore-listed Thai Beverage, has expressed his keen interest to invest in a wide range of industries beyond beverage in Vietnam.

Losses in startups must be taken as a given

It is totally normal for startup businesses to make losses in the early years, as long as investors see a light at the end of the tunnel for these to reach profitability at a point in the future.

Foxconn to invest in $40-million assembly factory in Quang Ninh

The Taiwanese electronics giant is considering setting up a TV screen plant in Quang Ninh province. Once completed, 3,000 jobs will be made available for local residents.

PAN Food leverages safety certification to win tough export markets

Being the first confectionery producer in Vietnam to get FSSC 22000 in late 2018, PAN Food Manufacturing is now confident to export its food products to highly demanding markets like Japan, expecting to boost its overall exports by 40 per cent this year.

Techcombank’s loan growth relies heavily on Vingroup’s projects

In the first quarter, Techcombank’s lending growth has risen stoutly as the lender started to disburse home loans to buyers of the Vinhomes Sapphire project.

VEFAC to raise $532 million to develop new national exhibition centre

VEFAC is going to issue shares to finance a number of its projects, including the Vietnam Exhibition Fair Centre to be built in Dong Anh district, Hanoi.

Stock indexes
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782.15 0.55 0.07
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