Mitsubishi Motors to build new US$250 million plant in Vietnam

Mitsubishi Motors to build new US$250 million plant in Vietnam

NDO – Vietnam welcomes Mitsubishi Motors’ plan to build its second factory in the country, stated Deputy Prime Minister Vuong Dinh Hue during the reception for the Japanese group’s Executive Vice President Kozo Shiraji in Hanoi on January 15.  (Jan 16, 2018)

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Viettel renamed Military Industry and Telecoms Group

  Jan 13, 2018
NDO/VNA - Military-run telecommunications group Viettel has been renamed Viettel Military Industry and Telecoms Group and is now recognised as the national defence and security enterprise with 100% state-owned capital pursuant to the recently issued Government Decree No.05.  

Vietcombank reports record pre-tax profit

  Jan 13, 2018
NDO/ VNA – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) reported a record high pre-tax profit of more than VND11 trillion (US$482.5 million) in 2017.  

Vietnamese state oil firm PVN urged to accelerate refinery projects

  Jan 12, 2018
NDO - The state-owned oil and gas group PVN has been asked to expedite a number of major refinery and power projects which are currently lagging far behind schedule.  

Vietnam's commercial banks report high profits in 2017

  Jan 08, 2018
NDO/VNA – Vietnam’s commercial banks reported solid results for 2017 with the total after-tax profit estimated to grow 44.5% from the previous year, according to an independent report of the National Financial Supervisory Commission. 

SSI top brokerage in Hanoi derivatives market

  Jan 06, 2018
NDO/VNA - Saigon Securities Inc. (SSI) was the biggest brokerage on the Hanoi Stock Exchange’s derivatives market last year with a 28.28% market share, according to an exchange report on the derivatives market.  

VNPT’s restructuring plan gets green light

  Jan 06, 2018
NDO/VNA – Deputy Prime Minister Vuong Dinh Hue has approved the Vietnam Posts and Telecommunications Group (VNPT)’s restructuring plan for 2018-2020. 

Vietnam Rubber Group urged to create value-added products

  Jan 05, 2018
NDO/VNA – Prime Minister Nguyen XuanPhuc has stressed the need for the State-owned Vietnam Rubber Group (VRG) to develop its processing industry, thus creating value-added products. 

Industrial businesses optimistic on better first quarter 2018

  Jan 02, 2018
NDO – Over 48% of industrial manufacturing and processing firms have expressed their optimism on a better business operation in the first quarter of 2018. 

Vietjet Air offers 2 million tickets from zero Vietnamese dong

  Dec 29, 2017
NDO/VNA - Budget carrier Vietjet Air will offer 2 million tickets for free during the golden hours of 12:00 to 14:00 from December 28, 2017 to February 28, 2018. 

Over 153,000 firms open in 2017

  Dec 27, 2017
NDO/VNA – The number of newly-established firms, along with firms resuming operations, set a record in 2017 with more than 153,000 companies with total registered capital of VND3.16 quadrillion (US$139 billion). 

Amway listed in Vietnam’s top 100 sustainable firms for the second time in a row

  Dec 21, 2017
NDO – Amway, a leading global brand in health and wellness, has been honoured among Vietnam’s 100 most sustainable businesses in 2017. 

Vietnam's top listed firms for 2017 announced

  Dec 20, 2017
NDO/ VNA – Vietnam Report Company (VNR) announced the top 10 most prestigious listed companies for 2017, on December 19. 

Sabeco’s state share sale brings in US$4.8 billion

  Dec 19, 2017
NDO - The Ministry of Industry and Trade (MOIT) has successfully sold over 343.66 million shares owned by the government, equivalent to a 53.59% stake, in the brewer Sabeco, raising VND110 trillion (US$4.8 billion). 

Viettel Global’s profit up 135% in first nine months of 2017

  Dec 14, 2017
NDO - The profit of Viettel Global, a unit of the military-run telecoms company Viettel, reached nearly VND2.933 trillion (US$129 million), up 135% over the same period last year.