Family businesses make significant contribution to GDP

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Báo Đầu Tư English 1 month(s) ago

Around 100 large household businesses in the country are contributing to a quarter of the country’s gross domestic product (GDP), the Viet Nam Chamber of Commerce and Industry (VCCI) said.

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PM approves incentives for Hòa Lạc Hi-Tech Park

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Báo Đầu Tư English 2 month(s) ago

Domestic and foreign investors who implement a new project worth at least VND4 trillion (US$176 million) at Hoa Lac Hi-Tech Park (HHTP) will enjoy corporate income tax of 10 per cent for 30 years.

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Embattled Uber CEO Kalanick to take leave of absence

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Báo Đầu Tư English 2 month(s) ago

SAN FRANCISCO: Uber chief executive Travis Kalanick announced on Tuesday (Jun 13) he would take an indefinite leave of absence as the embattled ridesharing giant unveiled steps to reform a corporate culture marred by a series of embarrassing revelations.

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MoF to publish names of errant privatised SOEs

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Báo Đầu Tư English 2 month(s) ago

The Ministry of Finance said the names of State-owned enterprises (SOEs) which had been privatised but failed to list on exchanges as per regulations would be published on the Government’s e-portal.

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Immelt to depart as GE names new chief executive

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Báo Đầu Tư English 2 month(s) ago

NEW YORK: General Electric announced a leadership shakeup on Monday (Jun 12) as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to ignite strong growth.

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Government to fully own 34 less SOEs by year 2020

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Báo Đầu Tư English 2 month(s) ago

The Government aims to reduce the number of fully State-owned enterprises (SOEs) from 137 to 103 by the end of 2020, according to a plan approved by the Prime Minister.

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Asset Magazine lauds Citi and Citi Vietnam as the banks to go

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Báo Đầu Tư English 3 month(s) ago

Leading industry publication Asset Magazine announced the 2016 winners of its annual poll. Accordingly, Citi Vietnam was the Best Corporate and Institutional Bank in 2016, and Citi was the Best Bank in the Asia-Pacific, as well as the Best Corporate and Institutional Bank and the Best Digital Bank in Asia.

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Setting up internal audit within listed companies: Not that hard

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Báo Đầu Tư English 3 month(s) ago

Earlier this year, I penned an article about the dangers of investing in companies with no internal audit function. Ultimately, the goal of the article was to raise awareness of the risks associated with the absence of internal audit in listed companies.

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PAN Farm enlists IFC, Daiwa as new investors

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Báo Đầu Tư English 3 month(s) ago

The International Finance Corporation (IFC), a member of the World Bank Group and Daiwa-SSIAM Vietnam Growth Fund II, co-managed by Daiwa Corporate Investment under Daiwa Securities Group and SSI Asset Management under Saigon Securities Inc. (SSI), are new investors in The PAN Group’s agriculture business, PAN Farm JSC.

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Vingroup approves mixed targets for 2017

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Báo Đầu Tư English 3 month(s) ago

Vingroup (HOSE: VIC) targeted a total revenue of VND80 trillion ($3.52 billion) and profit after corporate tax of about VND3 trillion ($132 million) in 2017.

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Trump tax plan to cut corporate rate to 15%: Treasury secretary

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Báo Đầu Tư English 4 month(s) ago

WASHINGTON: The Trump administration is poised to unveil its long-awaited tax reform plan on Wednesday (Apr 26) that will slash corporate taxes to 15 per cent, in the "biggest tax cut" in US history.

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Korean banks expand in Vietnam

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Báo Đầu Tư English 4 month(s) ago

Following Shinhan Vietnam’s successful acquisition of ANZ Vietnam’s retail business, fellow Korean banks have also expanded their sizes and market share in Vietnam, seizing the lead in the foreign bank race on the Vietnamese market.

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Corporate governance ignored in Vietnam

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Báo Đầu Tư English 4 month(s) ago

Firms should attach importance to corporate governance to improve their competitiveness and develop sustainably, experts said.

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ANZ sells retail business to Shinhan Bank Vietnam

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Báo Tuổi Trẻ English 4 month(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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ANZ Vietnam sells its retail arm to Shinhan Vietnam

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Báo Đầu Tư English 4 month(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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