News

Following the sale, the state ownership in BIDV would reduce from the current 95.28% to over 80% of the bank’s charter capital.

The US$24.5-million plant is expected to commence production of polyvinyl chloride (PVC) gloves production mid-2020, with an estimated capacity of four billion gloves a year.

The new fund aims to capture leading large and mid-cap Vietnam-based companies that represent 85% of market capitalization in Vietnam.

This will mark the first production of the wireless earbuds outside China.

The Vietnamese operations will be run through a joint venture with Ho Chi Minh City-based Lotus Food Group.

The date for the complete withdrawal of the Ten Ren bubble tea brand in Vietnam is August 15, marking an end of the Taiwanese bubble tea in Vietnam after two years.

Vietnam’s economy maintains rapid growth rate despite facing growing risks and uncertainties from global trade.

The sale would be conducted through the issuance of 123 million new shares and offloading of 38.9 million of treasury stocks.

Firms are realizing that no nation is tariff-proof enough to serve as a global supply hub.

In the second quarter of 2019, the price of landed houses in the districts of Cau Giay, Dong Da, Thanh Xuan and the price of street houses in the districts of Hoan Kiem, Hai Ba Trung, and Ba Dinh fluctuated mildly compared to the previous 3 months.

Agricultural and telecommunications are considered priority fields for cooperation between Vietnam and Tanzania.

TCL expected these projects to start operation in May 2020 and create jobs for 2,000 locals.

Targeted destinations for the company include key economic hubs like Ho Chi Minh City, Hanoi and Haiphong, as well as high-growth areas like Danang, Phu Quoc, Nha Trang, Cam Ranh and Hoi An.

Deutsche Bank will continue to promote DWS fund management, the money management unit of the bank, with the goal of reaching top 10 largest fund management companies in the world.

Manufacturing shift from China will continue for the time being regardless of the situation concerning the trade war, given China’s current low fertility rate, higher labor costs and overly concentrated risks of production.

Nintendo plans to keep its fiscal 2019 target for global Switch sales at 18 million units, so an increase in Vietnamese production will likely bring a corresponding decrease in China relative to initial plans.

Japanese wire makers are keen to expand sales elsewhere in Asia as automobile electrification takes off and Japan`s auto parts suppliers shift their own production bases.

Since early 2018 to date, F&N Dairy Investment and Platinum Victory have been competing with each other for the acquisition of 1% of Vinamilk stake, but their respective moves have failed to materialize.

Vietnam is the third-biggest market for CP Foods, after Thailand and China.

In the past three months Oyo has opened 90 hotels with 1,500 rooms in six cities in Vietnam.