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EU set to back free trade with Vietnam

EU set to back free trade with Vietnam

The European Parliament is set to vote on a free trade agreement with Vietnam, the most extensive agreement it has reached with an emerging country.
Da Nang to keep businesses at bay from urban planning

Da Nang to keep businesses at bay from urban planning

Da Nang City will no longer allow businesses to intervene in its urban planning process, its Communist Party chief has asserted.
December 05, 2019 | 01:00 pm GMT+7
Logistics firm Scommerce raises $100 mln from Temasek

Logistics firm Scommerce raises $100 mln from Temasek

Vietnamese logistics startup Scommerce on Monday confirmed securing an investment from Singapore's state sovereign fund Temasek, its largest financing to date.
October 29, 2019 | 03:25 pm GMT+7
Overseas investments by Vietnam SOEs suffer increasing losses

Overseas investments by Vietnam SOEs suffer increasing losses

Overseas investment projects of Vietnamese state-owned enterprises made losses of $367 million in 2018, up 265 percent year-on-year, a government report said.
October 19, 2019 | 01:58 pm GMT+7
Vietnam fintech sector in the fast lane

Vietnam fintech sector in the fast lane

The number of financial technology companies in Vietnam has grown from around 40 in 2016 to 154, focusing on payment, peer-to-peer lending and crowdfunding, a survey has found.
October 08, 2019 | 03:32 pm GMT+7
Domestic investors face capital challenge for North-South Expressway project

Domestic investors face capital challenge for North-South Expressway project

Several domestic investors interested in working on the North-South Expressway say banks are reluctant to loan the capital needed.
September 30, 2019 | 09:30 am GMT+7
Samsung arm increases ownership in Vietnam IT firm to 30 pct

Samsung arm increases ownership in Vietnam IT firm to 30 pct

South Korea’s Samsung SDS has bought a five- percent stake on the market in leading IT services provider CMC Corporation.
September 25, 2019 | 10:05 am GMT+7
Tiki signs loan deal with foreign fund

Tiki signs loan deal with foreign fund

International debt finance fund Innoven Capital has announced credit deals with e-commerce company Tiki and UP Co-working Space.
September 16, 2019 | 07:39 am GMT+7
Gaming firm VNG loses entire investment in Tiki

Gaming firm VNG loses entire investment in Tiki

E-commerce platform Tiki’s losses have wiped out a total of VND506 billion ($22 million) gaming firm VNG had invested in it.
September 13, 2019 | 08:12 am GMT+7
Singapore fund leads $500 million investment in Vingroup

Singapore fund leads $500 million investment in Vingroup

A consortium led by Singapore sovereign wealth fund GIC signed an agreement to invest $500 million in a retail unit of private conglomerate Vingroup.
September 10, 2019 | 01:00 pm GMT+7
Viettel Global reports profit surge

Viettel Global reports profit surge

Telecom giant Viettel Global Investment JSC has made VND1.17 trillion ($50.5 million) in pre-tax profits after reporting a loss last year.
September 10, 2019 | 08:36 am GMT+7
Demand for industrial land in southern Vietnam skyrockets

Demand for industrial land in southern Vietnam skyrockets

Demand for space in southern industrial parks has surged in the first half of this year as foreign firms expanded production.
September 06, 2019 | 12:08 pm GMT+7
Investment in startups up 48 pct

Investment in startups up 48 pct

Investment in Vietnamese startups in the first half of the year rose 48 percent year-on-year to reach $246 million with South Korea the top investor.
September 04, 2019 | 11:42 am GMT+7
Grab to pour $500 mln into Vietnam operations

Grab to pour $500 mln into Vietnam operations

Grab plans to invest $500 million in Vietnam in the next five years to expand its transport, food and payment networks.
August 28, 2019 | 11:18 am GMT+7
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