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Property technology startup bags $1 mln investment

Property technology startup bags $1 mln investment

Citics, a Vietnamese property technology startup, has raised $1 million in a pre-series A round from international and domestic investors.
Eximbank targets 60 pct profit growth

Eximbank targets 60 pct profit growth

Lender Eximbank targets more than a 60 percent growth in pre-tax profits to VND2.15 trillion ($93.47 million) this year.
March 05, 2021 | 10:17 am GMT+7
Mobile World won’t be bought out: chairman

Mobile World won’t be bought out: chairman

The chairman of Vietnam’s largest electronics retail chain, Mobile World, has rejected the likelihood of a hostile takeover of the company.
March 05, 2021 | 09:36 am GMT+7
VinFast to produce batteries for electric cars in Vietnam

VinFast to produce batteries for electric cars in Vietnam

Automaker VinFast has signed a memorandum of understanding on strategic cooperation with Taiwan’s ProLogium Technology Co.. Ltd. on production of batteries for electric cars in Vietnam.
March 04, 2021 | 04:31 pm GMT+7
PGBank wants to pull the plug on merger with HDBank

PGBank wants to pull the plug on merger with HDBank

PGBank wants to call off its long-delayed merger with the HDBank, since the delay has affected its business.
March 04, 2021 | 03:11 pm GMT+7
Central province seeks approval for 2nd casino

Central province seeks approval for 2nd casino

Khanh Hoa authorities have recommended the issue of a license for Vinpearl Company to build a $2.24-billion casino in the central province.
March 04, 2021 | 10:17 am GMT+7
Big C brand name to be fully replaced by Tops Market, GO!

Big C brand name to be fully replaced by Tops Market, GO!

Retail chain Big C plans to rebrand all its outlets as Tops Market or GO! this year, laying the Big C name to rest after 22 years in Vietnam.
March 04, 2021 | 07:34 am GMT+7
VinFast eyes global market, to open car plant in US

VinFast eyes global market, to open car plant in US

VinFast plans to set up an automobile plant in the U.S. as part of its strategy to start selling there in 2022, Bloomberg reported on Tuesday.
March 03, 2021 | 12:15 pm GMT+7
Ford recalls nearly 2,500 vehicles to update engine software

Ford recalls nearly 2,500 vehicles to update engine software

Ford Vietnam has issued a recall order of 2,470 Ranger and Everest vehicles to update the software in the transmission control module (TCM) and powertrain control module (PCM).
March 03, 2021 | 10:15 am GMT+7
GTNFoods to merge with Moc Chau Milk parent

GTNFoods to merge with Moc Chau Milk parent

GTNFoods wants to merge with its subsidiary, husbandry company Vilico, and delist.
March 02, 2021 | 02:00 pm GMT+7
Casino operator stock skyrockets despite sustained losses

Casino operator stock skyrockets despite sustained losses

Ticker RIC of the Royal International Corporation has surged 755 percent since January despite the company reporting losses for years.
March 01, 2021 | 03:58 pm GMT+7
Steel giant to manufacture containers for first time in Vietnam

Steel giant to manufacture containers for first time in Vietnam

Steelmaker Hoa Phat plans to manufacture 500,000 twenty-foot equivalent unit containers a year to mitigate a shortage since containers are stuck at ports after Covid-19 hit trade.
March 01, 2021 | 11:32 am GMT+7
Bvlgari makes Vietnam comeback

Bvlgari makes Vietnam comeback

Italian luxury brand Bvlgari has returned to Vietnam and opened its first store in HCMC.
March 01, 2021 | 10:06 am GMT+7
Casinos want entry for locals since foreigners cannot fly into Vietnam

Casinos want entry for locals since foreigners cannot fly into Vietnam

Casinos want the government to allow Vietnamese entry to make up for foreigners’ inability to come to the country due to Covid-19 flight restrictions.
March 01, 2021 | 10:00 am GMT+7
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