Coteccons to expand foreign ownership

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Báo Đầu Tư English 3 month(s) ago

Coteccons Construction Corporation (Coteccons) (CTD) plans to raise its foreign ownership ratio cap from 49 per cent to 60 per cent, CTD leaders announced during its 2017 annual shareholders’ meeting held on Thursday in HCM City.

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Airport operator plans 25 per cent revenue increase

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Báo Đầu Tư English 3 month(s) ago

The Airports Corporation of Viet Nam (ACV) plans a 25 per cent year-on-year increase in revenue to VND13.3 trillion (US$583.6 million) this year.

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Euro hits year-high against dollar

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Báo Đầu Tư English 3 month(s) ago

LONDON: The euro extended its run higher versus the dollar on Wednesday (Jun 28), hitting a year-high, following an upbeat outlook on the eurozone economy this week from ECB chief Mario Draghi.

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VNG targets 35 per cent growth in pre-tax profit in 2017

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Báo Đầu Tư English 3 month(s) ago

According to the resolution of the annual shareholders’ meeting of major Vietnamese information technology company VNG Corporation passed last week, it has set a target revenue of VND3.96 trillion ($174 million), up 31 per cent over the previous year, and profit before tax of VND908 billion ($40 million), up 34.7 per cent.

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VNA lulls shareholders with promises of long-term benefits

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Báo Đầu Tư English 3 month(s) ago

At its 2017 annual shareholders’ meeting, national carrier Vietnam Airlines (VNA) satisfied its shareholders by answering plenty of difficult questions and promising to focus on sustainable development.

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KDC shareholders agree to lift foreign ownership limit

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Báo Đầu Tư English 3 month(s) ago

Vietnam's leading food firm KIDO Corporation (KDC) will increase the foreign ownership limit to enhance operations, and to gain capital for expansion investments as well as mergers and acquisitions.

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Bibica power balance coming to an end?

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Báo Đầu Tư English 3 month(s) ago

Bibica Corporation (HoSE: BBC) may see the end of conflicts between its two big shareholders, PAN Food Manufacturing Joint Stock Company (PAN Food) and Lotte Confectionery Co., Ltd. (Lotte), as the former is forecasted to purchase more shares and take the helm of Bibica’s board of directors.

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Who owns the Tan Son Nhat Golf Course?

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Báo Tuổi Trẻ English 3 month(s) ago

Members of the public have been wondering who the real owner of the headline-grabbing Tan Son Nhat Golf Course is.

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Shareholders vote for ExxonMobil transparency on climate impact

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Báo Đầu Tư English 4 month(s) ago

NEW YORK: ExxonMobil's shareholders voted decisively on Wednesday (May 31) to push the oil giant to test how the fight against global warming could affect its business, handing a victory to environmentalists at a critical juncture for climate policy worldwide.

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ExxonMobil faces climate showdown at annual meeting

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Báo Đầu Tư English 4 month(s) ago

NEW YORK: ExxonMobil's controversial stance on climate change will be back in the spotlight on Wednesday when shareholders vote on an environmentalist-backed measure calling for an accounting of climate policy risk.

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Hai Phat’s ups and downs in real estate M&A

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Báo Đầu Tư English 4 month(s) ago

When the real estate market was frozen a few years ago, some companies took advantage and bought up suspended projects where developers no longer had the resources to resume works. This way, these companies have created for themselves a long-term land bank.

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CJ’s road to dominance in Vietnamese food sector

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Báo Đầu Tư English 4 month(s) ago

With its recent acquisition of Cau Tre Export Goods Processing Joint Stock Company, South Korean conglomerate CJ is one step closer to playing a crucial role in the Vietnamese processed food sector. However, the earlier failure in the race to control major player Vissan is going to pose a challenge.

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TruMan Holdings unveils "Tripod leg extension" strategy

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Báo Đầu Tư English 4 month(s) ago

TruMan Holdings will focus on its main business areas, namely textile, seafood, and real estate, in the 2017-2022 period, aiming to seize top market share in each product segment.

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Cuu Long Petro Gas Service - Transportation strives to satisfy shareholders

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Báo Đầu Tư English 4 month(s) ago

With the season of annual shareholders’ meeting coming in, the leaders of hundreds of companies are working to organise a successful meeting. Cuu Long Petro Gas Service-Transportation is no different.

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BSR to sell shares, seek out experienced investors

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Báo Đầu Tư English 4 month(s) ago

Bình Sơn Refining and Petrochemical Company Limited (BSR), the operating and managing unit for the Dung Quất Refinery, has sent invitations to 15 domestic and foreign investment funds in preparation for its initial public offering (IPO) in the third quarter of 2017.

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