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Vietnam electronics tycoon sets up new investment group

Vietnam electronics tycoon sets up new investment group

Pham Van Tam, founder of electronics firm Asanzo, has set up the Winsan Group, a $43 million enterprise to invest in electronics, dental and food ventures.
VinaCapital buys stake in Hanoi private hospital

VinaCapital buys stake in Hanoi private hospital

VinaCapital has acquired a 30 percent stake in Thu Cuc International General Hospital in Hanoi for $26.7 million.
August 13, 2020 | 10:30 am GMT+7
Vinhomes to build $10 bln urban area in northern Vietnam

Vinhomes to build $10 bln urban area in northern Vietnam

Real estate giant Vinhomes plans to set up a joint venture with its parent company, Vingroup, to develop a $10 billion urban area in Quang Ninh Province.
July 11, 2020 | 03:00 pm GMT+7
Vingroup makes jump in Forbes Global 2000 list

Vingroup makes jump in Forbes Global 2000 list

Vietnam's largest private company, Vingroup, and three of its biggest banks have climbed up the Forbes list of the world’s 2,000 largest listed firms.
May 15, 2020 | 01:29 pm GMT+7
Experts fret over appointment of North-South Expressway contractors

Experts fret over appointment of North-South Expressway contractors

A government proposal for the state to fully fund and appoint contractors for building eight North-South Expressway sections is worrisome, experts say.
April 08, 2020 | 02:39 pm GMT+7
Vietnam startup investment beats Singapore

Vietnam startup investment beats Singapore

Investment in Vietnamese tech startups last year exceeded that experienced in Singapore for the first time to rank second in Southeast Asia.
February 14, 2020 | 08:22 am GMT+7
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.
February 12, 2020 | 05:09 pm GMT+7
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
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