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)
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.
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.
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.
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).
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.
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.