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UP Co-working Space hosts startups conference UP Co-working Space hosts startups conference

The Israel's Guide for Startups Conference held Wednesday discussed key requirements for building a strong startup economy and how to apply these elements to Viet Nam's startup ecosystem.


More foreign ownership in banks? More foreign ownership in banks?

Prime Minister Nguyen Xuan Phuc said Việt Nam might allow foreign investors to hold a stake exceeding the current cap of 30 per cent in domestic banks.


SCIC to divest 9% stake in Vinamilk this year SCIC to divest 9% stake in Vinamilk this year

State Capital Investment Corporation (SCIC) will divest and sell its nine per cent stake in Vietnam Dairy Products JSC (Vinamilk) this year, SCIC Chairman Nguyen Duc Chi said.


Kia Morning is highest selling vehicle in August Kia Morning is highest selling vehicle in August

Small sedan Kia Morning, a model of local carmaker Truong Hai Automobile JSC (Thaco), was the highest selling vehicle in August.


Vingroup appoints new CEO
Updated: Wednesday, Feb 12, 2014 03:15 PM
Duong Thi Mai Hoa (left) will replace Le Thi Thu Thuy (right) as CEO of Vingroup.— Photo Dantri.com.vn
HA NOI (Biz Hub) — Duong Thi Mai Hoa, 45, will be the new CEO of Vingroup, according to the decision made by the group's Board of Directors.

Before joining Vingroup in 2013, Duong Thi Mai Hoa was the finance director of Oracle Vietnam Company and has previously held high posts in different commercial banks in Viet Nam.

Meanwhile, current CEO Le Thi Thu Thuy, who is still the group vice president, will be in charge of the brand new eCommerce service. It was launched with the establishment of the VinE-com company to create a trustworthy, high-quality online shopping channel in Viet Nam.

As e-commerce has been identified as a key future strategy which can bring superior benefits for the group, it has decided to appoint Thuy as both chairman and CEO of VinE-com because of her extensive experience in international markets and dynamic vision.

These appointments will take effect from the day their amended registration is approved by the Ha Noi Department of Planning and Investment.—VNS

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OTHER NEWS
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First Vietnamese caravan finished off-road trip to Tibet and Mount Everest First Vietnamese caravan finished off-road trip to Tibet and Mount Everest

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Banking investment, no longer one-way flow Banking investment, no longer one-way flow

Recently the State Bank of Viet Nam (SBV) issued a licence to Malasyia's second largest lender, CIMB Bank Berhad, to establish a bank in Viet Nam with a registered capital of over VND3.2 trillion (nearly US$144 million).

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