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Inefficient plastics recycling costs Vietnam up to $3 billion each year

Inefficient plastics recycling costs Vietnam up to $3 billion each year

Managing used plastic as a valuable resource provides a sound business case for scaling up recycling and other plastic circularity efforts, while promoting sustainable economic development, according to IFC – World Bank study.

Vietnam to enjoy stronger FDI inflows from slow-release trade tensions effects

Vietnam is outperforming its regional peers in terms of exports and can further count on more FDI to come as the result of the ongoing US-China trade tensions. And it all now depends on whether the country is equipped with appropriate capacity to absorb such FDI inflows.

Stripe International obtains 70 per cent of Vietnam’s Vascara

The Tokyo-headquartered apparel company has sealed a deal to take over 70 per cent of stakes at Vietnam’s Global Fashion (GF), the parent company of women’s accessories brand Vascara.

Sharp fights against Asanzo on counterfeit Japanese technology proof

Both Sharp and Asanzo have brought their evidence to the table, with the former denying any business cooperation with the later, while the later rather surprising over the former’s denial.

Alliex teams up with local banks to deploy integrated POS infrastructure

The Seoul-based financial solutions provider has signed collaboration contracts with commercial lender Sacombank and state-owned VietinBank to collectively roll out a shared point-of-sale (POS) system in Vietnam.

Second CEO kisses GoViet goodbye in a year

It is the second time in less than a year when GoViet has witnessed its CEOs leaving their post.

It’s time for Vietnam’s renewable energy to pay back its developers

The flourishing solar sector and growing pipeline of wind projects show Vietnam can attract investment from high quality developers.

IFC lends BIM Land $87.5 million to lift sustainable tourism infrastructure

The loan provided to the real estate development arm of BIM Group will be used to support the growth of sustainable tourism infrastructure in not only in Vietnam but also Lao PDR.

Hong Leong and TPG acquire all Columbia Asia Hospitals in Vietnam

All 17 Columbia Asia Hospitals in Southeast Asia have now been owned by Malaysia-based Hong Leong Group and global alternative asset firm TPG under a share purchase agreement.

HSBC Vietnam appoints Tim Evans as new CEO

Tim Evans will now join HSBC Vietnam as new CEO, replacing his predecessor Pham Hong Hai, who held the role for the past 4.5 years.

InnoVen Capital backing Vietnam’s Tiki and UP Co-working Space

Apart from Tiki and UP Co-working Space, the Asia-focused venture debt provider is also working on a few more deals in Vietnam.

Stock indexes
1,389.24 4.47 0.32
Volume: 798,130,096 Value: 21,560 (Billions VNĐ)
390.75 2.3 0.59
Volume: 152,325,562 Value: 2,907 (Billions VNĐ)
100.36 0.59 0.59
Volume: 172,868,051 Value: 2,398 (Billions VNĐ)
1,488.71 -0.55 -0.04
Volume: 127,282,900 Value: 6,263 (Billions VNĐ)