ASEAN auto demand predicted to grow in 2017

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Báo Đầu Tư English 19 hour(s) ago

Viet Nam’s Auto Purchase Index (API) declined to 14.6 in the first quarter from 15.5 as consumers plan to delay purchases until 2018 when the ASEAN Free Trade Agreement eliminates tariffs on cars imported from the regional countries.

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More banks to repurchase bad debts from VAMC

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Báo Đầu Tư English 1 week(s) ago

After a period of actively selling non-performing loans to the Việt Nam Asset Management Company (VAMC), banks are buying back the debts from the VAMC to self-handle.

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Mechanisms for encouraging solar power development

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Báo Đầu Tư English 2 week(s) ago

PM Nguyen Xuan Phuc has signed Decision on mechanisms for encouraging solar power development in VIet Nam. The following is full translation of the Decision for reference.

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Mechanisms for encouraging solar power development

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Báo điện tử CP English 3 week(s) ago

VGP - PM Nguyen Xuan Phuc has signed Decision on mechanisms for encouraging solar power development in VIet Nam. The following is full translation of the Decision for reference.

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Kido to acquire Vocarimex’s controlling stakes

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Báo Đầu Tư English 3 week(s) ago

Foodstuff producer Kido Group (KDC) has decided to acquire a controlling stake in Vietnam Vegetable Oil Industry Corporation (Vocarimex) in a deal worth nearly VNĐ1 trillion (US$44 million).

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VND0 takeover or bankruptcy?

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Báo Đầu Tư English 1 month(s) ago

The method of acquiring weak banks at VND0 is officially adopted on the draft law on supporting the restructuring of credit institutions and non-performing loan (NPL) settlement, composed by the State Bank of Vietnam (SBV). However, buying at the price of VND0 or boldly letting poorly performing commercial banks go bankrupt remains a dilemma.

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Suspicions around Vinaland’s Saigon South Plaza

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Báo Đầu Tư English 1 month(s) ago

Dau Tu Bat Dong San (Real Estate Investment) newspaper, VIR's sister publication, has covered in three recent articles the dispute around Vinaland Invest Corp (UpCOM: VNI) related to the fact that the company raised capital via “certificates of home purchase," as well as the company’s internal dispute. Nevertheless, VNI is still selling apartments in the disputed building, which it has renamed.

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Over 6,000 travelers purchase tours directly at HCMC Tourism Day 2017

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SaiGon GP English 2 month(s) ago

More than 6,000 visitors purchased tours directly from travel agencies at the Ho Chi Minh City Tourism Day 2017 which was organized at Le Van Tam Park in District 1 from March 23-26. The total revenue of travel companies reached VND45 billion (US$1.95 billion) during the four-day event.

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Taste 1,000 dishes from around the world at Food Fest 2017

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Báo Đầu Tư English 2 month(s) ago

Tickets for Food Fest 2017, the biggest gastronomy and entertainment event ever in Hanoi, are available for purchase online starting March 21.

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Shell sells Canada oil sands assets

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Báo Đầu Tư English 2 month(s) ago

LONDON: Royal Dutch Shell has sold almost all of its Canadian oil sands activities in a US$7.25-billion (€6.9-billion) deal, the Anglo-Dutch energy giant said on Thursday (Mar 9).

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F&N looks to buy 21.7 million more Vinamilk shares

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Báo Đầu Tư English 2 month(s) ago

Singapore-based F&N Dairy Investments Pte Ltd (F&N) has registered to buy shares of Vietnam Dairy Products Joint Stock Company (Vinamilk) for the third time, asking for 21.77 million shares, equivalent to a 1.5 per cent stake of the dairy firm’s capital.

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PENM IV Germany seeks higher stakes in Hoa Phat Group

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Báo Đầu Tư English 2 month(s) ago

PENM IV Germany GmbH & Co KG is seeking to purchase another 5.5 million shares of Hoa Phat Group (HPG) in an attempt to raise its stakes in the company’s profit-making potential.

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Thai investment fund buys MWG shares for $11m

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

Ton Poh Fund, an open-end fund managed by Thailand's Ton Poh Capital, has paid $11 million to purchase 1.5 million shares of Mobile World Investment Corp (MWG), a major mobile phone distributor in Viet Nam.

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Vietnam in “golden period” for M&A

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Báo Đầu Tư English 3 month(s) ago

2017 seems to be an unpredictable year for the mergers and acquisitions (M&A) market, when both the world economy and politics fluctuate.

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Embezzlers at State-owned Vinashinlines come to trial

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Báo Đầu Tư English 3 month(s) ago

The Hanoi People’s Court opened a first instance trial on February 16 on the asset embezzlement at the State-owned Vinashin Ocean Shipping Co. Ltd (Vinashinlines), which is awaiting bankruptcy.

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