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Japanese medical, cosmetic store chain comes to Vietnam

Japanese medical, cosmetic store chain comes to Vietnam

Japanese cosmetic and pharmaceutical store chain Matsumoto Kiyoshi opened its first store in HCMC on Sunday at the Vincom Center shopping mall in District 1.
Main stock exchange to list two new bank stocks

Main stock exchange to list two new bank stocks

VIB has received approval for listing on the Ho Chi Minh Stock Exchange, the second lender to list this year after LienVietPost Bank.
October 17, 2020 | 10:06 am GMT+7
Vietravel Airlines cleared to take off in December

Vietravel Airlines cleared to take off in December

Leading tour company Vietravel has received the license for its airline and will operate its first flight in December.
October 16, 2020 | 01:00 pm GMT+7
State to auction entire stake in leading cooking oil firm

State to auction entire stake in leading cooking oil firm

The State Capital Investment Corporation (SCIC) plans to auction its entire stake in cooking oil maker Vocarimex, which it values at $43 million.
October 15, 2020 | 07:19 pm GMT+7
Rolls-Royce shuts Vietnam dealership

Rolls-Royce shuts Vietnam dealership

U.K. luxury car company Rolls-Royce has closed down its dealership in Vietnam and is looking for a new partner to replace it.
October 14, 2020 | 01:00 pm GMT+7
Young leaders step up to take over business empires

Young leaders step up to take over business empires

The children of Vietnamese entrepreneurs have been increasingly returning from abroad in the last five years and taking over key responsibilities at their companies.
October 14, 2020 | 12:30 pm GMT+7
Vietnam Airlines losses soar as Covid-19 grounds flights

Vietnam Airlines losses soar as Covid-19 grounds flights

Vietnam Airlines has reported losses of VND10.7 trillion ($464 million) in January-September, hit hard by Covid-19.
October 14, 2020 | 09:21 am GMT+7
Largest solar plant in Southeast Asia begins operating

Largest solar plant in Southeast Asia begins operating

The largest solar farm in Southeast Asia has been commissioned in Vietnam’s central province of Ninh Thuan.
October 13, 2020 | 12:13 pm GMT+7
SCB appoints foreign acting CEO

SCB appoints foreign acting CEO

Sai Gon Joint Stock Commercial Bank (SCB) has announced the appointment of Chen Yi-Chung (Jeremy Chen) as new acting CEO.
October 12, 2020 | 09:00 am GMT+7
VinSmart produces smartphones for US mobile service provider

VinSmart produces smartphones for US mobile service provider

VinSmart, a subsidiary of Vietnam’s largest listed company Vingroup, has received a contract manufacturing order for two million smartphones from a major U.S. carrier.
October 10, 2020 | 03:30 pm GMT+7
Deposed chief cuts stake in construction giant Coteccons

Deposed chief cuts stake in construction giant Coteccons

Former chairman and founder of Coteccons, Nguyen Ba Duong, has reduced his stake in the construction giant by 1.5 percentage points after his recent resignation.
October 10, 2020 | 02:00 pm GMT+7
S Korean firm invests $1.7 mln in Vietnam car-wash chain

S Korean firm invests $1.7 mln in Vietnam car-wash chain

South Korean oil refiner GS Caltex Corp has bought an 11.56 percent stake in car-wash startup Vietwash for $1.7 million.
October 07, 2020 | 11:17 am GMT+7
Chairman of Vietnam’s largest contractor resigns

Chairman of Vietnam’s largest contractor resigns

The chairman of construction giant Coteccons has stepped down after a 17-year tenure that saw the company grow into Vietnam’s largest contractor.
October 06, 2020 | 04:32 pm GMT+7
Major pork producer Masan enters poultry market

Major pork producer Masan enters poultry market

Pork producer Masan MEATLife has acquired a 51 percent stake in 3F Viet, marking its entry into the poultry meat market.
October 04, 2020 | 12:58 pm GMT+7
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