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Kookmin Bank opens first branch in Hà Nội

Kookmin Bank (under Korean KB Group) opened its first branch in Hà Nội on the 25th floor of Landmark72 building on Wednesday after having received approval from the State Bank of Việt Nam.

 

Singaporean fund raises stake in Masan to 5.67 per cent

The Singaporean fund Ardolis Investment Pte Ltd has raised its ownership in the consumer staple firm Masan Group Corporation to 5.67 per cent with more than 65.9 million shares from the prev [ … ]

   

Central city to build horse racing centre

The central city is planning to allocate 300ha for the development of a horse racing track and farm with total investment of US$200 million.

   

Air carriers open new international air routes as travel industry booms

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As the domestic market is getting saturated, air carriers are opening international air routes as demand increases for inbound and outbound tours.

   

Fruit, flower prices rise on full moon

Demand for fruit and flowers usually increases sharply on the occasion of the lunar year’s first full moon, and a short supply this year has caused their prices to spiral upwards.

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Electricity, aviation companies forecast for a great 2019

Power and aviation companies are among the industries forecast for better things this year, according to industry analysts.

   

Petrolimex attempts to sell 12 million treasury stocks again

Việt Nam National Petroleum Group (Petrolimex) has made a second attempt to sell 12 million treasury stocks, equivalent to 1 per cent of its charter capital, from February 27 to March 28.

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VNPT ready to launch mobile money service

Việt Nam Posts and Telecommunications Group (VNPT) proposed launching mobile money services to allow customers to use their telecommunications accounts to pay for goods and services. 

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Sacombank signs up PwC to create asset-liability management framework

Sacombank has hired PwC Vietnam to help upgrade its asset-liability management framework.

   

Kiên Giang to expand shrimp farming models

The Mekong Delta province of Kiên Giang will expand various sustainable shrimp farming models to meet its target of producing 76,000 tonnes this year, slightly up from last year, according t [ … ]

   

TCH plans to issue 1.2 million convertible corporate bonds

Hoàng Huy Investment Financial Services JSC (TCH) plans to issue VNĐ1.2 trillion (US$51.5 million) worth of convertible corporate bonds in 2019 at the par value of VNĐ1 million ($43) for eac [ … ]

   

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