Companies

Japan’s ENEOS Corp. raises holding stakes in Petrolimex to 9%

Japanese oil firm has purchased additional 13 million shares, equivalent to 1% stake in Petrolimex, raising its holding in the Vietnamese company to 9%, according to exchange filing.

Vietjet to resume international flights end-September

Vietnam’s budget air carrier Vietjet Air has announced to re-operate regular flights to Japan, Korea and Taiwan (China) end of September.

Vietnamese firms raise $10bln through bonds issuance in eight months

In the first eight months of this year, enterprises in Vietnam raised VND237,729 billion ($10 billion) from issuing corporate bonds, according to data from Hanoi Stock Exchange.

Supply chain growth in Vietnam to outpace Southeast Asia

Vietnam Investment Review’s Binh An talked with C. K. Tong, CEO of BW Industrial Development about his assessment of Vietnam’s position in the regional supply chain as well as its post-pandemic potential.

FLC Group plans to build Quang Tri Airport

FLC Group is seeking approval to build an airport in central province of Quang Tri's Gio Linh District as aviation sector was identified as a key target of the group in 2020.

Kim An raises Series A to optimize financial institutions in Vietnam

Kim An Consulting Investment JSC, which runs a fintech platform in Vietnam, has raised an undisclosed amount in Series A investment from Patamar Capital, Viet Capital Ventures and East Ventures.

Gojek acquires WePay for Vietnam e-wallet business expansion

Indonesian ride-hailing giant Gojek has been focusing on payments and financial services verticals in Southeast Asia by acquiring a majority stake in Vietnamese payments startup WePay, reported DealStreetAsia.

Vietjet CEO an Asian economy transformer

Vietjet Air CEO Nguyen Thi Phuong Thao is the only Vietnamese representative in Business Insider’s latest list of 100 persons who’ve changed the Asian economy.

Vingroup rejects rumours of selling stakes in education, health units

Vingroup said it has no plan to sell stakes in its medical and education units after a Reuters report saying the conglomerate exits non-core businesses and fortifies its balance sheet.

Sovico Holdings issues bonds worth nearly $559mln in the first 8 months of ...

Vietnam’s leading multi-sector business group Sovico Holdings raised VND13 trillion ($559 million) bonds in the first eight months of this year.

Vietnamese publisher sues Lazada over pirated book trading

Tri Viet Creative Culture Company, known as First News, a book publisher, has filed a lawsuit against Alibaba-backed Lazada on assisting pirated book trading and ignoring warnings from the company.

VinFast buys a car testing center in Australia for an undisclosed ...

Vietnamese automaker VinFast has purchased GM Holden’s Lang Lang testing center in Australia for an undisclosed amount as a next step for its global expansion plan.

Dung Quat Oil Refinery operator reports $184mln losses in H1

The Binh Son Refining and Petrochemical JSC, operator of Dung Quat Oil Refinery, reported VND4.3 trillion ($184 million) loss the first half of this year due to Covid-19 pandemic.

VinFast reports H1 after-tax loss at nearly VND6.6 trillion

Vietnamese automaker VinFast reported Jan.-June after-tax loss at VND6,591 billion ($285.8 million) despite sales increased.

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Companies

De Heus and Hung Nhon invest in hi-tech pig, chicken farm in Dak Lak

Loc Troi Group, Louis Rice form strategic partnership

Vietnam among the most mentioned destinations as American firms exit China