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HCMC’s biggest employer takes Covid-19 infection in its stride

HCMC’s biggest employer takes Covid-19 infection in its stride

Production at Taiwanese-invested footwear maker Pouyuen has not been affected much after the company recorded its first Covid-19 infection.
Vietnam Airlines cleared for 12 repatriation flights from US

Vietnam Airlines cleared for 12 repatriation flights from US

National flag carrier Vietnam Airlines has received permission from U.S. authorities to conduct 12 repatriation flights this year, the first of which is scheduled for this month.
June 11, 2021 | 08:15 am GMT+7
Pouyuen workers run Covid gauntlet every day after work

Pouyuen workers run Covid gauntlet every day after work

At the Pouyuen Vietnam factory in HCMC, where a person was recently diagnosed with Covid-19, thousands of workers leave together after work every day, raising contagion concerns.
June 10, 2021 | 12:41 pm GMT+7
HCMC stock exchange to test South Korean system

HCMC stock exchange to test South Korean system

Vietnam’s overloaded main bourse, the Ho Chi Minh Stock Exchange, next week will begin testing a new system from South Korea which it plans to use from later this year.
June 10, 2021 | 11:01 am GMT+7
Mekong Capital invests in water purifier maker

Mekong Capital invests in water purifier maker

Private equity firm Mekong Capital’s latest fund has invested $10 million in water purifier producer Mutosi.
June 10, 2021 | 10:42 am GMT+7
Biggest HCMC employer suspends 1,100 workers due to Covid-19 linkage

Biggest HCMC employer suspends 1,100 workers due to Covid-19 linkage

A total 1,100 workers at HCMC-based footwear maker Pouyuen Vietnam were temporarily suspended due to a possible linkage with a Covid-19 patient.
June 09, 2021 | 02:38 pm GMT+7
Apple supplier Pegatron to expand Vietnam operations

Apple supplier Pegatron to expand Vietnam operations

Pegatron Corp, an assembler for Apple, Microsoft and Sony, plans to increase its investment in Vietnam for electronics production by $101 million.
June 09, 2021 | 10:09 am GMT+7
Top 50 listed firms' revenues rise 8.7 pct

Top 50 listed firms' revenues rise 8.7 pct

Vietnam’s 50 ‘best’ listed companies saw their combined revenues rise by 8.7 percent last year to VND1,219 trillion (US$53.11 billion).
June 09, 2021 | 08:38 am GMT+7
SSI leaders buy one-third of new employee stock issue

SSI leaders buy one-third of new employee stock issue

Leaders of top brokerage SSI Securities Corporation have bought nearly one-third of the 7.5 million recently-issued ESOP shares.
June 08, 2021 | 04:39 pm GMT+7
Vingroup sets up drug company

Vingroup sets up drug company

Vietnam's largest private company, Vingroup, has established pharmaceutical company Vinbiocare with a charter capital of VND200 billion ($8.6 million).
June 08, 2021 | 12:33 pm GMT+7
KIDO to enter food and beverage market with chain of outlets

KIDO to enter food and beverage market with chain of outlets

Packaged food company KIDO plans to launch a chain of stores, kiosks and street carts selling food and beverages in HCMC from June.
June 08, 2021 | 10:20 am GMT+7
Malaysian oil company to enter Vietnam market

Malaysian oil company to enter Vietnam market

Malaysia’s Hibiscus Petroleum Berhad has acquired the assets of Spanish oil exploration and drilling firm Repsol Exploración, S.A. in Vietnam.
June 07, 2021 | 10:45 am GMT+7
Bamboo Airways to launch US transit flights

Bamboo Airways to launch US transit flights

Private budget carrier Bamboo Airways plans to open flight routes to the U.S. with transit in Taiwan or Japan starting Q3.
June 06, 2021 | 07:05 am GMT+7
Vietjet raises $43.6 mln from bonds

Vietjet raises $43.6 mln from bonds

Budget airline Vietjet has raised VND1 trillion ($43.61 million) from a domestic company to expand operations amid the Covid-19 pandemic.
June 05, 2021 | 04:18 pm GMT+7
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