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Chemical

Standard Chartered arranges a US100 million syndicated loan for Stavian Chemical

Standard Chartered arranges a US$100 million syndicated loan for Stavian Chemical

Standard Chartered acted as the sole mandated lead arranger and bookrunner in a VNĐ2.5 trillion (US$100 million) maiden offshore syndicated loan transaction for Stavian Chemical Joint Stock Company (Stavian Chemical), opening up future opportunities for the company’s business growth.
Chemical industry sees shift in Q3 results

Chemical industry sees shift in Q3 results

The divergent trajectories sent shock waves through the market.
Amended chemical law reduces administrative procedures

Amended chemical law reduces administrative procedures

The draft of the law was released by a representative of the Department of Chemicals, Ministry of Industry and Trade at a workshop on the amended law and a strategy for the development of Việt Nam''s chemical industry, held in Hà Nội on October...
BASF renovates 8th school in VN

BASF renovates 8th school in VN

German chemical company BASF has broken ground on a building at the Phương Ninh Primary & Secondary School in the Cửu Long (Mekong) Delta province of Hậu Giang, which will benefit around 150 students.
Dragon capital boosts ownership in Đức Giang chemical group, eyeing major project expansion

Dragon capital boosts ownership in Đức Giang chemical group, eyeing major project expansion

This move has resulted in Dragon Capital''s ownership stake in Đức Giang Chemical Group increasing from 4.99 per cent to 5.03 per cent of the company''s charter capital.
Work on 480m chemical complex to begin in June

Work on $480m chemical complex to begin in June

Once fully operational, the complex is expected to earn an annual revenue of over VNĐ10 trillion, creating 1,500 jobs. 
Vinachem explores investment opportunities in support of semiconductor industry

Vinachem explores investment opportunities in support of semiconductor industry

The conglomerate seeks ongoing support and partnerships from financial institutions to secure the necessary capital for project implementation. 
Vinachem rides high profits

Vinachem rides high profits

Despite challenges, the group was able to achieve a total import-export turnover of $675 million, with exports reaching $465 million or 90 per cent of the year''s plan.
Pharmaceutical firms show mixed performance

Pharmaceutical firms show mixed performance

Six-month revenues of pharmaceutical firms paint a mixed picture of the industry in the first half.
Chemical firms see growth potential thanks to rising selling prices

Chemical firms see growth potential thanks to rising selling prices

Thanks to their good growth potential and attractive valuation, chemical stocks are being included in the portfolios of investors.
Duc Giang Chemical raises profit target by nearly 40% this year

Duc Giang Chemical raises profit target by nearly 40% this year

In 2022, the company plans to increase total revenue by 26 per cent compared to 2021 to more than VND12.1 trillion, with profit before tax of VND3.5 trillion (US$153.1 million), up 39 per cent
Vinachem to divest from four subsidiaries this year

Vinachem to divest from four subsidiaries this year

Vietnam National Chemical Group (Vinachem) will continue to withdraw its capital from four subsidiaries in 2021.
Local chemical manufacturers ready to help prevent COVID-19

Local chemical manufacturers ready to help prevent COVID-19

Local chemical manufacturers have increased their inventories in order to ensure products available to meet the market needs.
Work on primary school renovation begins

Work on primary school renovation begins

German chemical company BASF on October 6 broke ground on a school renovation project at Kim Dong Primary School in Hau Giang Province’s Phung Hiep District.
Viet Nam Rubber Group to expand tyre production via MA

Viet Nam Rubber Group to expand tyre production via M&A

The Viet Nam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Viet Nam Chemical Group (Vinachem).