TIẾNG VIỆT 
Vietnamese conglomerate Masan Group names Danny Le as new CEO
The board of Director of Masan Group (Hose: MSN) has appointed Mr. Danny Le to be the CEO of the group for the new term of 2020 – 2025, statement said.
Companies
Japan’s MUFG to acquire 49% stake in VietinBank Leasing
Mitsubishi UFJ Lease & Finance plan to invest in Vietinbank Leasing by acquiring a 49% stake in the Vietnamese company, the Japanese firm said in a statement.
State energy firm subsidiary Petrosetco to distribute Apple products
Petrosetco, a unit of PetroVietnam, has become an authorized distributor for all of Apple products in Vietnam market.
Samsung Vietnam launches large-scale recruitment drive in Hanoi
Samsung Vietnam organized a large-scale recruitment drive in Hanoi on Saturday to prepare high-quality human resources for its production and export plans in the coming time.
- PVI Holdings seeks strategic shareholders for Hanoi Re to forge long-term growth 1
- FPT reports 11-month after-tax profit of VND6,027 billion, up 19% YoY 2
- Bain Capital to invest additional $50 million in Masan Group 3
- Vietnam retail giant Masan says investor tolerance for losses is fading 4
- Masan solves the tough problem of Vietnam's retail sector by using technology 5
- Vietnam Airlines shortens its road to recover 6
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Coteccons’ Board to get two more foreign members, after two Vietnamese resign
Coteccons’ Board of Directors has approved request of CEO Nguyen Sy Cong and Independent Board member Tran Quyet Thang to withdraw from the positions which will be replaced by two foreign members.
Techcombank sees 2020 pre-tax profit to slightly increase to over $559mln
Techcombank got shareholders’ approval to set 2020 pre-tax profit target at VND13 trillion ($559.3 million), one percent more than 2020 profit, according to shareholders’ meeting on weekend.
Masan’s 2020 revenue target more than double from 2019’s achievement
Masan Group targets 2020’s net revenue to increase as much as VND85 trillion ($3.66 billion) from VND37.4 trillion ($1.6 billion) recorded in 2019, the company said in documents prepared for shareholders’ meeting.
Sabeco to retain 2020 dividend at 35%, profit projected to drop 39%
Vietnam’s largest brewer Sabeco plans 2020 dividend at 35%, the same rate of 2019, while seeing after-tax profit to fall 39%, according to documents prepared for shareholders’ meeting on June 30.
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Samsung to shift most of its computer LCD production chains to ...
Vietnam will be the world’s biggest Samsung’s computer LCD maker since the tech giant moves most of its production chains of this product to Vietnam, Tuoi Tre cited information from the firm.
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Petrolimex targets 2020 pretax profit to fall 72% on global ...
Vietnam National Petroleum Group, known as Petrolimex (HoSE: PLX), sees 2020 pretax profit at VND1,570 billion ($67.5 million), down 72% from 2019 due to coronavirus, trade war, oil price war.
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KKR looks to triple Vietnam investments after Vinhomes deal
KKR & Co., which has injected $1 billion into Vietnam, expects to triple investments in the next decade to capture rising demand from the Southeast Asian nation’s growing middle class.
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Industrial park developer Becamex targets 2020 profit at $40mln, down ...
Vietnam’s industrial park developer target 2020 after-tax profit to fall 65% from a year earlier to VND931 billion ($40 million), company said in documents prepared for shareholders’ meeting.
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PV Power to invest and build Nhon Trach 3 and Nhon Trach 4 thermal power ...
Vietnam's second-largest electricity producer PV Power officially approval of investment for Nhon Trach 3 and Nhon Trach 4 thermal power plants, with a combined capacity of between 1,300 to 1,760MW.
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Vietcombank to issue 241mln shares via private placement to raise ...
Vietcombank is seeking approval to issue over 241 million shares, or 6.5% of charter capital to investors to raise capital, according to lender’s documents prepared for annual shareholders’ meeting.
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Vietnam’s cinema operator Beta Media gets $8mln investment from Daiwa PI ...
Vietnamese cinema operator Beta Media has achieved an enterprise valuation of VND1 trillion ($43 million) after getting $8 million funding from the Japanese investment fund Daiwa PI Partners.
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Masan’s beverage unit plans to have full ownership in Vinacafe
Vietnamese conglomerate Masan group’s beverage unit has registered to buy the remaining 1.51 percent stake or 401,000 shares in Vinacafe Bien Hoa JSC to raise its ownership to 100 percent.
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Vietnam Airlines to buy Australian investor's stake in Jetstar ...
Vietnam Airlines will buy Qantas’s stake in Jetstar Pacific, change its name and restructure the budget carrier to make it more profitable.
