Eximbank administers sharp cut to 2016 profit target

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Báo Đầu Tư English 6 day(s) ago

Eximbank administers sharp cut to 2016 profit target

Vietnam Export Import Bank (Eximbank) is lowering its target for deposits, lending, assets, and pre-tax profit for the year 2016 deviating from the earlier plan.

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Fertiliser firms fail to attract investors

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Báo Đầu Tư English 1 week(s) ago

Fertiliser firms fail to attract investors

When the market rose an average of more than 15 per cent, fertilisers stocks, despite a high rate of return, did not see good growth.

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Regulations on offshore indirect investment of securities institutions

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Báo điện tử CP English 1 week(s) ago

Regulations on offshore indirect investment of securities institutions

VGP – The Government has recently promulgated Decree 86/2016/ND-CP (Decree 86) on conditions for offshore indirect investment of securities business institutions.

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More IPOs in oil and gas industry planned

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Báo Đầu Tư English 1 week(s) ago

More IPOs in oil and gas industry planned

There would be more auctions of shares from oil and gas companies in the second half of 2016 under the directives of the government on equitisation of state-owned firms.

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Japanese group buys 24% of Vietnam’s leading drug maker

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Báo Đầu Tư English 2 week(s) ago

Japanese group buys 24% of Vietnam’s leading drug maker

Japanese drug manufacturer Taisho Group has acquired more than 21.3 million shares or a 24.4% stake in Hau Giang Pharmaceutical Joint Stock Company (DHG), the group announced on July 5.

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Hau Giang Pharma sells 24.4 per cent stake to Japanese enterprise

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Báo Đầu Tư English 3 week(s) ago

Hau Giang Pharma sells 24.4 per cent stake to Japanese enterprise

Japanese Taisho Pharmaceutical Co., Ltd. (Taisho) spent $100 million on buying a 24.4 per cent stake owned by 34 foreign shareholders in Hau Giang Pharmaceutical JSC (DHG), according to information published by Vietnam Securities Depository (VSD).

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Japan's Taisho buys into Vietnam's pharma in $97 mln deal

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Báo Thanh Niên English 3 week(s) ago

Japanese-owned Taisho Pharmaceutical Holdings has reportedly acquired a stake of 24.4 percent in Vietnam's biggest drug distributor DHG Pharma in a deal estimated at nearly VND2.2 trillion (US$97.2 million).

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Vietnam's KIDO may drop snack business for cooking oil: report

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Báo Thanh Niên English 3 week(s) ago

KIDO Corp., one of Vietnam's top snack producers, has announced a plan to raise its stake in cooking oil company Vocarimex from 24 percent to at least 51 percent this year, local media reported on Tuesday.

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You set up a firm. Now what?

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Báo Đầu Tư English 1 month(s) ago

You set up a firm. Now what?

To avoid fines for inadequate compliance with provisions of the law, PLF suggests newly-established enterprises should pay heed to the following issues:

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Siemens and Gamesa to merge wind businesses

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Báo Đầu Tư English 1 month(s) ago

Siemens and Gamesa to merge wind businesses

German industrial conglomerate Siemens AG and Spain’s Gamesa have agreed to merge their wind power operations in a binding deal that would create one of the world’s largest wind-turbine makers.

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Dong Nai Plastic to issue additional shares

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Báo Đầu Tư English 1 month(s) ago

Dong Nai Plastic to issue additional shares

Dong Nai Plastic JSC (DNP) expects to issue another 8.1 million shares, worth VND10,000 each, to offer existing shareholders at a ratio of 100/60.

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PV Power to sell 25 per cent stake in October

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Báo Đầu Tư English 1 month(s) ago

PV Power to sell 25 per cent stake in October

National Oil and Gas Group PetroVietnam’s power arm PV Power plans to sell a 25 per cent stake at its October IPO this year.

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Casumina to raise capital to over VNĐ1 trillion

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Báo Đầu Tư English 1 month(s) ago

Casumina to raise capital to over VND1 trillion

Southern Rubber Industry JSC, or Casumina (CSM), planned to issue 29.6 million bonus shares to increase its charter capital as of yesterday.

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Vietnam's finance ministry wants $219 mln in cash dividends from top lenders

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Báo Thanh Niên English 1 month(s) ago

Vietnam's finance ministry wants $219 mln in cash dividends from top lenders

In a new attempt to boost state revenue, the Ministry of Finance has sought the central bank's intervention to collect cash dividends from BIDV and Vietinbank, two of the largest lenders in which the government is a major stakeholder.

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Second Eximbank AGM inconclusive

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Báo Đầu Tư English 2 month(s) ago

Second Eximbank AGM inconclusive

The second annual general meeting of Eximbank has ended up in chaos on May 24, as the lender’s board of directors and shareholders have once again failed to find a common ground on the election of additional board members.

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