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FPT & SBI Holdings invest $3m in blockchain startup

FPT Corporation and Tokyo-based SBI Holdings Inc this week signed a memorandum of understanding (MoU) to invest US$3 million into joint venture Utop, a Vietnamese start-up that bridges loyalty point programmes among merchants.

 

FPT’s profit rises 23 per cent, driven by software outsourcing

 IT giant FPT Corporation reported first-quarter revenue of nearly VNĐ5.7 trillion (US$244.6 million) and before-tax profit of VNĐ960 billion ($41.2 million).

   

PV Gas reports 16% increase in Q1 profit

PetroVietnam Gas Corporation (PV Gas) has announced its post-tax profit in the first quarter was up 16 per cent year on year to VNĐ3.03 trillion (US$130.2 million).

   

PG Bank targets over $9m pre-tax profit this year

Petrolimex Group Commercial Joint Stock Bank (PG Bank) targets pre-tax profit of VNĐ211 billion (US$9.06 million) in 2019 and total assets to reach nearly VNĐ32.74 trillion by December 31, 2 [ … ]

   

Smartphones to cover Vietnamese population by 2020

Almost all Vietnamese people will use smartphones by 2020, according to Minister of Information and Communications, Nguyễn Mạnh Hùng.

   

Maritime Bank wants to raise $43 million from private share issuance

The Maritime Commercial Joint Stock Bank (MSB) is proposing shareholders approve a plan to raise VNĐ1 trillion (US$43 million) from private share issuance in the second half of this year.

[ … ]
   

Int’l beauty industry exhibition opens in HCM City

The Vietnam International Exhibition on Aesthetic, Beauty, Cosmetic, Hair, Nail and Spa and Wellness, known as Cosmobeauté Vietnam, opened in HCM City on Thursday with more than 200 exh [ … ]

   

Tighter regulations needed to prevent fake goods online

The Government should impose strict punishments on the trade of counterfeit goods on e-commerce platforms, attendees were told at a conference held in Hà Nội yesterday.

   

Grab cars must have roof signs: draft

Cars which provide passenger transportation services via ride-hailing platforms like Grab will have to have roof signs showing that they were “contract vehicles”.

   

Petrolimex targets 26% dividend payout

The Việt Nam National Petroleum Group (Petrolimex) plans to make a 26 per cent dividend payout for its performance in 2018.

   

Sacombank organises seminar on metals trading on London exchange

Sacombank and the London Metal Exchange (LME) recently organised a seminar on metals trading on the LME for customers trading metals such as aluminium, zinc, copper, lead, and tin, and havin [ … ]

   

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