FDI firms leading loss-making rate for years

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SaiGon GP English 2 day(s) ago

Foreign direct investment (FDI) companies have taken the lead in loss-making ratio in Vietnam for many years, reported the Vietnam Chamber of Commerce and Industry on Friday.

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ANZ sells retail business to Shinhan Bank Vietnam

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Báo Tuổi Trẻ English 2 day(s) ago

ANZ has entered into an agreement to sell its Vietnamese retail business to Shinhan Bank Vietnam in a shift to focus on institutional banking in the country, the Australian lender said Friday.

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VN-Index down, Petrolimex debuts

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Báo Đầu Tư English 2 day(s) ago 1 related news

Việt Nam’s benchmark VN-Index closed down on Friday, erasing its early gain as large-cap shares were sent lower by strong investor selling.

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Vietnam Petrolimex valued at about $2.8 bln on market debut

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Báo Tuổi Trẻ English 2 day(s) ago

Shares of Vietnam's Petrolimex jumped 13.3 percent on debut Friday, valuing the country's top oil products distributor at around $2.8 billion, Reuters data showed.

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Vietjet sets $1.9bn revenue target for 2017

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Báo Tuổi Trẻ English 3 day(s) ago

Low-cost Vietnamese carrier Vietjet has set targets of VND42.018 trillion (US$1.88 billion) in revenue and VND3.395 trillion ($151.56 million) in post-tax profit for 2017, after enjoying a successful 2016 with healthy growth and whopping earnings.

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VN jumps 30 steps in KOF Globalization Index

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Báo điện tử CP English 3 day(s) ago

VGP – Viet Nam has jumped 30 steps in the KOF Globalization Index due its positive achievements.

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Foreign capital eyeing Vietnamese fintech

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Báo Đầu Tư English 3 day(s) ago

Foreign investment funds have expressed renewed interested in Vietnamese financial technology startups, despite a series of challenging setbacks that occurred in previous e-commerce deals.

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Ministry petitions to cut lending interest rate for pig breeders

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SaiGon GP English 3 day(s) ago

Lately, in its document, the Ministry of Agriculture and Rural Development asked to lower lending interest rate for pig breeders. The move comes after the price of live pigs kept falling in the southern province of Dong Nai.

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ANZ Vietnam sells its retail arm to Shinhan Vietnam

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Báo Đầu Tư English 3 day(s) ago 1 related news

ANZ Vietnam will be offloading its retail banking arm to Shinhan Vietnam by the end of 2017, to focus primarily on its institutional banking in the country, ANZ Vietnam said in its latest press release.

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Petrol prices increase by VND350 per litre

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SaiGon GP English 3 day(s) ago

The Ministry of Industry and Trade and Ministry of Finance increased prices of all oil and petrol products by VND350 per litre from 3:00pm on April 20.

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