Vietnam’s insurance industry looks to further expansion

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Báo Dân Trí English 1 day(s) ago

Vietnam’s insurance industry looks to further expansion

Insurance was one of the fastest-growing sectors of Vietnam’s economy in 2015 with premium income rising 21.4 percent to reach 68 trillion VND (3 billion USD), while total assets grew by 21.7 percent to 201 trillion VND (8.9 billion USD), according to the Ministry of Finance.

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Private equity fund invests in Park Cafe chain

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VietStock FI English 1 week(s) ago

A regional private equity fund has acquired a minority stake in local food and beverage company Park Cafe, sinking upwards of $1 million into the company, which operates seven food outlets in Phnom Penh, its fund manager said yesterday.

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Thai bank buys local MFI in mammoth deal

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VietStock FI English 1 week(s) ago

Thai bank buys local MFI in mammoth deal

In what may be the biggest deal in Cambodia’s financial sector history, Thailand-based Bank of Ayudhya has reached an agreement to acquire the local microfinance institution (MFI) Hattha Kaksekar, with the deal expected to be valued at upwards of $140 million.

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Hundreds of thousands of students skip school due to frosty climate in Vietnam

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Báo Tuổi Trẻ English 2 week(s) ago

Hundreds of thousands of students skip school due to frosty climate in Vietnam

A huge number of students in the mountainous areas of two north-central provinces of Vietnam had to stay home on Monday due to the expansion of the cold spell that is hitting the northern region, according to local authorities.

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Ocean warming 'underestimated', study finds

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Báo Đầu Tư English 2 week(s) ago

Ocean warming 'underestimated', study finds

The amount of sea level rise that comes from the oceans warming and expanding has been underestimated, and is likely about twice as much as previously calculated.

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US supersizes investment

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Báo Đầu Tư English 2 week(s) ago

US supersizes investment

US firms are expecting to implement major investment projects in Vietnam in the near future, thanks to the country’s improvements in its business environment.

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India auto parts maker Pricol eyes Vietnam for expansion: report

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Báo Thanh Niên English 2 week(s) ago

Indian company Pricol, which makes components for automakers like General Motors and Volkswagen, plans to set up a plant in Vietnam next year as part of its global expansion plans, an Indian newspaper has reported.

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Government upgrades eastern highway connecting Mekong Delta provinces

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SaiGon GP English 2 week(s) ago

Government upgrades eastern highway connecting Mekong Delta provinces

Ministry of Transport in collaboration with the People’s Committee of Ben Tre yesterday organized a ceremony to upgrade four routes of National Highway No. 60 linking Rach Mieu and Co Chien Bridge in the Mekong Delta province of Ben Tre.

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LienVietPostBank chooses Oracle FLEXCUBE to support its growth and market leadership

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Báo Đầu Tư English 3 week(s) ago 1 duplicate news

LienVietPostBank chooses Oracle FLEXCUBE to support its growth and market leadership

LienVietPostBank, among Vietnam’s top 10 largest private banks in terms of assets and equity, has chosen Oracle FLEXCUBE as its core banking platform.

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Dai-ichi Life Vietnam to increase its chartered capital to $100 million

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VOV News English 3 week(s) ago 1 related news

Dai-ichi Life Vietnam to increase its chartered capital to $100 million

Dai-ichi Life Vietnam has officially received the amended license issued by the Ministry of Finance, approving the company to increase its chartered capital from US$72 million up to US$87 million.

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Belgium's Solvay seeks expansion in Vietnam

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VOV News English 3 week(s) ago

Belgium's Solvay seeks expansion in Vietnam

(VOV) - Belgian chemicals and pharmaceuticals giant Solvay is seeking new growth opportunities in Vietnam that will take advantage of the company's specialized knowledge, said company representatives on January 19 in Ho Chi Minh City.

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Dai-ichi Life Vietnam to increase its chartered capital to $100 million

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

Dai-ichi Life Vietnam to increase its chartered capital to $100 million

Dai-ichi Life Vietnam has officially received the amended license issued by Ministry of Finance, approving the company to increase its chartered capital from $72 million up to $87 million.

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Vietnam's economy is an emerging market standout

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Báo Thanh Niên English 3 week(s) ago

Vietnam's economy is an emerging market standout

Entrepreneur Le Thi Hang is scouting sites to open two more convenience stores in Hanoi, encouraged by rising sales at her one-year old shop.

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National Highway No.19 opens to traffic

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SaiGon GP English 3 week(s) ago

National Highway No.19 opens to traffic

The Ministry of Transport held a ceremony to open to traffic at the Km 17+027 – Km50+000 crossing Binh Dinh province and at Km 108+000 – Km 131+300 to Gia Lai province at National Highway No. 19 of Dak Ta Ley commune, mang Yang district, Gia Lai on January 15.

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Citi supports Vietnam Airlines’ expansion

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Báo Đầu Tư English 3 week(s) ago 2 duplicate news

Citi supports Vietnam Airlines’ expansion

Citi has lately inked an aircraft financing loan with Vietnam Airlines, allowing the latter to purchase two Airbus A321s from Airbus SAS (Airbus), in a bid to expand the airline’s fleet and operation.

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