Phuong Nam pulp mill to be auctioned in mid-July

Phuong Nam pulp mill to be auctioned in mid-July

NDO - The loss-making company Phuong Nam Pulp Mill, a subsidiary of the Vietnam Paper Corporation (Vinapaco), is scheduled to be auctioned off on July 14 with an initial price of VND1.885 trillion (US$82.94 million). (Jun 20, 2017)

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Forbes Vietnam announces top 50 listed companies

  May 30, 2017
NDO - Forbes Vietnam, the Vietnamese edition of Forbes Magazine on May 29 announced a list of the top 50 Vietnamese listed companies in 2017, which includes many new firms such as VietJet, Sabeco, Petrolimex, and Novaland. 

Vietjet opens Da Nang – Seoul route

  May 20, 2017
NDO/VNA - The budget carrier Vietjet Air on May 19 opened a new route connecting Vietnam’s central city of Da Nang with Seoul, the capital city of the Republic of Korea (ROK). 

PV Power urged to ensure sufficient electricity supply for national development

  May 18, 2017
NDO – As the demand for electricity is increasing while hydropower sources have been maximised amidst resource limitations, efforts from electricity suppliers are vital to ensuring power demand for national economic development, Deputy Prime Minister Trinh Dinh Dung has said. 

Vina Kraft’s second paper plant becomes operational

  Apr 25, 2017
NDO/VNA – Vina Kraft Co. Ltd inaugurated its second paper and packing factory in the My Phuoc Industrial Park 3, Ben Cat town, the southern province of Binh Duong, on April 24.  

Vietnam Top Trade Services Awards honour over 100 typical enterprises and entrepreneurs

  Apr 22, 2017
NDO – As many as 103 prominent enterprises and entrepreneurs were awarded the Vietnam Top Trade Services Awards 2016 at a ceremony in Hanoi on April 22.  

Vietjet aims for US$1.8 billion revenue in 2017

  Apr 20, 2017
NDO - Low-cost carrier Vietjet has announced its business goals for 2017, aiming to earn revenues of VND42 trillion (US$1.8 billion) and profits of VND3.6 trillion (US$158 million). 

Vietnamese sustainable businesses ranking programme 2017 launched

  Apr 19, 2017
NDO/VNA – A programme ranking the most sustainable businesses in Vietnam in 2017 was launched on April 18 in Hanoi. 

PV Power set for August IPO

  Apr 16, 2017
NDO/VNA – PetroVietnam Power Corporation (PV Power) has decided to make its initial public offering (IPO) this August, the electricity producer announced.  

Work starts on spare parts factory in Binh Duong

  Apr 10, 2017
NDO – A ground-breaking ceremony, for a factory producing bicycles and automobile and motorcycle spare parts, was held at Dai Dang industrial park in Binh Duong province on April 10. 

Tokyo Metro Vietnam established to help develop Hanoi urban railway system

  Apr 08, 2017
NDO – The Tokyo Metro Vietnam Limited liability company was launched as a subsidiary of Japan’s Tokyo Metro Co., Ltd. at a ceremony in Hanoi on April 7, with an aim to strengthen Vietnam-Japan cooperation in managing and operating urban railway systems in Hanoi and other cities in Vietnam.  

Vietnamese start-up secures funding from RoK investment funds

  Apr 05, 2017
NDO - Vietnam-based mobile platform provider, Appota, announced on April 5 that it has successfully raised an undisclosed funding for its series C round from two investment funds from the Republic of Korea (RoK) namely Korea Investment Partners (KIP) and Mirae Asset Venture Investment (MAVI). 

Improved business operations lay foundation for optimism

  Apr 04, 2017
NDO – According to the Agency of Business Registration under the Ministry of Planning and Investment, in 2016, for the first time ever, the number of newly registered enterprises reached more than 110,100 with over 90% coming into operation with taxation activities in practice. This means the number of ghost enterprises (fake companies) sharply reduced and capital is increasing rapidly. 

Malaysian enterprises want to expand business in Vietnam: report

  Apr 02, 2017
NDO – As many as 38% of Malaysian companies are willing to choose Vietnam as their favourite destination in Asia to expand their business over the next three to five years, a report recently-released by the United Overseas Bank (UOB) has quoted.  

Thanh Cong, Hyundai Motor join hands to produce automobiles

  Mar 30, 2017
NDO/ VNA – Thanh Cong Group on March 30 signed a cooperation agreement with the Republic of Korea’s Hyundai Motor Company on forming a venture to expand the assembling of automobiles in Vietnam.