AIA delivers another excellent set of results

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Báo Đầu Tư English 1 month(s) ago

The Board of Directors of AIA Group Limited (AIA) today announced that AIA has delivered excellent results for the year ended November 30, 2016.

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Local drug firms captivate foreign clients with profits

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Báo Đầu Tư English 1 month(s) ago

2016 was a profitable year for Vietnam’s biggest pharmaceutical firms, making the lucrative industry more appealing for international groups.

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Toshiba won’t sell chip business before end of fiscal year, source says

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Báo Đầu Tư English 1 month(s) ago

Toshiba has decided not to sell a stake in its chip business before the current fiscal year ends, a source close to the matter said Wednesday, in a move that makes certain the company will have a negative net worth at the end of the year.

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Japanese carmakers may leave Vietnam: JETRO

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Báo Tuổi Trẻ English 1 month(s) ago

Japanese carmakers are likely to leave Vietnam for other regional markets to improve profit, the chief representative of the Ho Chi Minh City office of the Japan External Trade Organization said on Tuesday.

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Japanese survey acclaims improving business conditions

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Báo Đầu Tư English 1 month(s) ago

The number of profitable-making Japanese firms in Vietnam in 2016 increased 4 per cent from 2015, contributing to make Vietnam an attractive investment destination in the future.

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HCM City to spend over US$400 million to encourage startups

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Báo Đầu Tư English 7 month(s) ago

HCM City to spend over US$400 million to encourage startups

Analysts believe that HCM City will make a profitable investment by pumping VND1 trillion into startups, because the benefits in the future will be even higher.

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Petrolimex reports over a trillion in first-half profits

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Báo Dân Trí English 8 month(s) ago

Petrolimex reports over a trillion in first-half profits

The Vietnam National Petroleum Group, or Petrolimex, posted pre-tax profits of VND716bn (USD32.5m) in the second quarter and nearly VND1.6trn in the first half of the year.

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Tesla reaches US$2.6b deal to buy SolarCity

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Báo Đầu Tư English 8 month(s) ago

Tesla reaches US$2.6b deal to buy SolarCity

NEW YORK: Electric car manufacturer Tesla said on Monday (Aug 1) it won agreement from SolarCity to acquire the solar power company for US$2.6 billion, confirming a deal that has been criticized on Wall Street.

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Casino town’s luck could run out

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VietStock FI English 9 month(s) ago

A final draft of a casino law has been submitted to the Vietnamese government which, if approved, could lift the ban on Vietnamese nationals gambling on their home turf – a move that some casino operators in the Cambodian border town of Bavet say could be a knockout blow to their struggling operations.

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Interest shown in Siem Reap rail connection

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VietStock FI English 9 month(s) ago

Private sector companies have expressed interest in building a high-speed railway to connect Phnom Penh to Siem Reap and the Thai border town of Poipet, Transportation Minister Sun Chanthol announced yesterday.

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Vinalines to sell dated ships

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Báo Dân Trí English 10 month(s) ago

Vinalines to sell dated ships

The state-owned shipping firm Vinalines is seeking permission from the Ministry of Finance and the Ministry of Transport to sell six cargo vessels at low prices in order to cut losses and repay debts.

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Restaurant chains: highly profitable ventures

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Báo Đầu Tư English 10 month(s) ago 2 related news

Restaurant chains: highly profitable ventures

Restaurant chains continue to expand as financial investors keep looking for chains to pour money into. The chains are a very profitable business field.

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Forbes Vietnam list reveals best stocks in real estate, transport sectors

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Báo Thanh Niên English 10 month(s) ago

Forbes Vietnam list reveals best stocks in real estate, transport sectors

Real estate and transport companies have dominated Forbes Vietnam's latest list of 50 best listed companies which accounted for 62.14 percent of the country's market capitalization.

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Dutch shipbuilders drop anchor in Song Cam port

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Báo Đầu Tư English 11 month(s) ago

Dutch shipbuilders drop anchor in Song Cam port

Damen, a Netherlands-based global leader in shipbuilding, has not yet completed its acquisition of a 70 per cent stake in Song Cam Shipbuilding JSC – the most profitable shipyard in Vietnam – as the stake sale is still under government consideration.

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Viettel’s foreign investments remain profitable despite exchange rates

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Báo Dân Trí English 12 month(s) ago 3 related news

Viettel’s foreign investments remain profitable despite exchange rates

Viettel Group’s total overseas investment increased by 9 per cent to nearly US$1.5 billion in 2015. According to UK-based OVUM - a market-leading research and consulting firm specializing in global coverage of information technology and telecommunications industries – the global industry rate was only 2.3 per cent (a fourth of Viettel’s).

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