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Tan Hoang Minh chairman receives 8-year sentence for bond fraud

Tan Hoang Minh chairman receives 8-year sentence for bond fraud

All defendants in the Tan Hoang Minh bond fraud trial were sentenced below the prosecution's indictment range, owing to newly emerged mitigating factors.

Bosch adds US$67 million to expand its operation in Vietnam

Bosch has just celebrated its 10th anniversary in Vietnam by investing €58 million (US$67 million) in its Gasoline Systems plant in Dong Nai to further strengthen its presence in the country.

Electricity prices increased by 6.08 per cent from December 01 worrying people and firms

According to the Ministry of Industry and Trade (MoIT), from December 01, 2017, the average retail price of electricity is raised to VND1,720.65 (US$0.08) per kWh, up 6.08 per cent compared to the current average electricity price of VND1,622.01 (US$0.07) per kWh, which worries the people and enterprises.

Doubled import tax obstructs the entrance of used cars to Vietnam

From January 1st, 2018, the tax on imported cars will increase by thousands of dollars as the application of a new decree, hindering the entrance of used cars to Vietnam.

ADB offers US$20 million in its first private sector loan to develop high-value horticulture

The Asian Development Bank (ADB) today signed $20 million in loan agreements with Agripacific Holdings (APH) and Kunming Hasfarm Flowers (KHF) to help develop high-value horticulture in Viet Nam, China and Indonesia.

Samsung attained record profits US$19 billion in Vietnam, more than double its invested capital

Although Samsung disbursed only more than US$10 billion, its factories in Vietnam earned a profit of US$19 USD after seven years of operation.

Hidden cost inhibits merger and acquisition deals just tallying at US$5 billion a year

Providing financial transparency is one of the significant barriers preventing M&A (mergers and acquisitions) in Vietnam from developing as expected.

Hai Phong calls for hefty investment in two billion-dollar projects of railroad and industrial park

The two billion-dollar projects in which investment is called for are identified as the construction of a Railroad to Hai Phong International Port and the Industrial Park for Japanese companies in the North.

Sabeco’s shares are announced to have offer price at US$14.1 each as its auction session looms

The Ministry of Industry and Trade (MoIT) has announced the offer price of Saigon Beer - Alcohol - Beverage Corporation (Sabeco)’s shares at VND320,000 (US$14.1) each for the auction on December 18, which was Sabeco’s closing price on November 28, 217.

Formosa steel and Nui Phao mineral mining firms put under special environmental control

Twenty eight firms, including Formosa Ha Tinh Steel Corporation (FHS) and Nui Phao Joint-venture Co., Ltd., are subject to special environmental control under the scheme on special environment control implemented by the Ministry of Natural Resources and Environment (MoNRE).

Inbound FDI into Vietnam sets a new record of US$33 billion in the first eleven months

Vietnam attracted US$33.09 billion in registered foreign direct investment (FDI) during the first eleven months of the year, an 82.8 per cent increase over the corresponding period last year.

Stock indexes
1,282.63 -7.55 -0.59
Volume: 468,071,000 Value: 11,538 (Billions VNĐ)
242.74 -1.18 -0.48
Volume: 44,563,488 Value: 1,026 (Billions VNĐ)
91.43 -0.05 -0.05
Volume: 28,417,467 Value: 375 (Billions VNĐ)
1,295.47 -7.73 -0.59
Volume: 134,707,303 Value: 4,431 (Billions VNĐ)