HCM City is among 10 fastest-growing cities HCM City is among 10 fastest-growing cities

HCM City is among the 10 fastest-growing cities in the world, a new report issued yesterday said.

Citi gets nod to operate subsidiaries Citi gets nod to operate subsidiaries

Citibank has received approval from the State Bank of Vietnam to build subsidiaries in Viet Nam.

VN-US economic ties have grown quickly since BTA VN-US economic ties have grown quickly since BTA

Since the normalisation of relations 20 years ago, economic relations between Viet Nam and the US have developed strongly in many sectors, and are expected to grow even further in the future, especially after the Trans-Pacific Partnership is signed.

More foreign investment will help securities More foreign investment will help securities

A decree issued last month that allows foreign investors to raise their ownership in Vietnamese companies will help Viet Nam's securities market, said Andy Ho, Chief Investment Officer of VinaCapital.

FPT profits up in H1 thanks to strong overseas branches FPT profits up in H1 thanks to strong overseas branches

(Aug 01, 2015)

The country's software giant FPT Corporation (FPT) released the company first-half financial report, citing pre-tax profits of VND1.35 trillion (US$63.3 million), a 10 per cent increase over last year's H1 figure.

Vinpearl Nha Trang JSC buys 34.6 per cent of stake in Nha Trang Port

Vinpearl Nha Trang JSC, a subsidiary of Vingroup, purchased 8.5 million shares, or 34.6 per cent of Nha Trang Port (CNH) on July 24.

Asian shares end on mixed note

Asian shares closed with mixed results on July 31.The Hang Seng Index added 138.3 points to close at 24,636.28 in Hong Kong. In Tokyo, the Nikkei 225 gained 62.41 points to end at 20,585.24.

Blue chips drag down VN-Index

Shares unexpectedly fell at the end of this morning's session, despite rising during most of the trading period. Blue chips were the main drag on the market.

Farm sector catalyst for change

The agriculture and rural development sector would promote restructuring of State-Owned Enterprises (SOEs) and withdrawal of capital from non-core business in the second half of this year, according to the Ministry of Agriculture and Rural Development.

Bond issuance raises concerns

Securities firms have been issuing bonds to increase their capital in an attempt to prepare for new opportunities in the local stock market, online newspaper stockbiz.vn reported on Tuesday.

Thai conglomerate acquires 80% of Vietnamese packaging firm

Siam Cement Group of Thailand announced that its subsidiary in Viet Nam, TC Flexible Packaging Company Limited, has acquired an 80 per cent stake in Tin Thanh Packing Joint Stock Company.

Chinese markets face losses

The Chinese and Singapore markets fell on July 30, but other Asian markets ended higher.

VN-Index extends losses due to sluggish trading

Shares tumbled again this morning despite a positive opening, driven by sluggish trade and rising caution about the market outlook.

Asian shares close with mixed results

The Chinese market showed gains, while other Asian markets ended on a mixed note on July 29

DGW announces IPO price of VND52,000 per share

Digiworld Corp (Digiworld), the IT product distributor, on Tuesday announced that its initial public offering (IPO) will be held on August 3 at the HCM City Stock Exchange with the code DGW.

Friesland Campina receives merit certificateFriesland Campina receives merit certificate

Dairy company Friesland Campina Viet Nam has received the Prime Minister's Certificate of Merit for contributing to the development of new rural areas during the 2010-15 period.

New Vinamilk chairwoman welcomes fresh challengeNew Vinamilk chairwoman welcomes fresh challenge

Le Thi Bang Tam, an independent director of the Viet Nam Dairy Products Joint Stock Company (Vinamilk), is its new chairperson after Mai Kieu Lien, who was named by Forbes as being among the top 50 powerful business-women in Asia in March, resigned on July 25.

Investors turn away as gold loses its sheen Investors turn away as gold loses its sheen

Do not tough gold" is advice that many experts are giving Vietnamese investors amid a relentless fall in the prices of the metal both here and globally.

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