binh son refinery reports successful ipo

Binh Son Refinery reports successful IPO

Binh Son Refining and Petrochemical Co., Ltd. (BSR) reported a successful initial public offering (IPO) with a complete take-up of the offered shares and the record selling price of VND14.8 million ($651.69) apiece, according to information published on the Ho Chi Minh City Stock Exchange.
thaibev finances sabeco acquisition from loans

ThaiBev finances Sabeco acquisition from loans

The entire VND110 trillion ($4.9 billion) that Vietnam Beverage Co., Ltd. spent buying 343.6 million shares of Saigon Beer, Alcohol and Beverage Corporation (Sabeco), equivalent to 53.58 per cent, came from loans.
song da corporation reports pathetic ipo

Song Da Corporation reports pathetic IPO

Despite the fact that Song Da Corporation’s initial public offering (IPO) was considered a large-scale deal, only 790,900 shares, equalling 0.36 per cent of the offered 219.68 million shares, were sold at the auction organised this morning, according to information published by the Hanoi Stock Exchange.
vietnams brighter fdi attraction prospects for 2018

Vietnam's brighter FDI attraction prospects for 2018

In 2017, Vietnam saw soaring foreign investment capital inflows totalling at $35.6 billion, up 44.2 per cent compared to 2016. Phan Huu Thang, former director of the Ministry of Planning and Investment's Foreign Investment Agency, deputy chairman of the Vietnam Association of Foreign Invested Enterprises, told VIR about the spotlight review of 2017 as well as the motivation and recommended the strategies in attracting foreign investment capital in 2018.
foreign investors offered 29646 million remaining becamex shares on january 3

Foreign investors offered 296.46 million remaining Becamex shares on January 3

Foreign investors are offered a maximum of 296.46 million shares in Becamex IDC Corporation (Becamex IDC) at the second auction which is expected to be held on January 3, 2018.
vietnam reaches 356 billion in foreign investment capital in 2017

Vietnam reaches $35.6 billion in foreign investment capital in 2017

Vietnam saw soaring foreign investment capital as well as disbursement in 2017, with a 44.4 per cent on-year increase in registered capital and 10.8 per cent in disbursed capital.
foreign investors suggest improvements to vietnamese taxation policy

Foreign investors suggest improvements to Vietnamese taxation policy

In the framework of Vietnam Business Forum (VBF) 2017, representatives of foreign investors complained that they still face difficulties in investing and manufacturing in Vietnam due to the lackluster taxation policies.
vdf addresses vietnams productivity issues

VDF addresses Vietnam’s productivity issues

Vietnam needs to conduct a series of projects to improve productivity, a major factor slowing down the country’s economic growth.
foreign employees social insurance concerns addressed at vbf

Foreign employees' social insurance concerns addressed at VBF

Vietnam plans to sign bilateral agreements on social insurance for foreign labourers with countries which have large-scale investments in the Vietnam. Accordingly, the foreigners who completed social insurance payments in their home countries will be exempt from social insurance charges in Vietnam.
european distributors quitting vietnam

European distributors quitting Vietnam

Vietnam last year saw the exit of European investors from large-scale distribution.
government makes hefty commitments at vbf 2017

Government makes hefty commitments at VBF 2017

The Vietnamese government committed to upgrading the infrastructure, maintain a stable political environment as well as reform administrative procedures with the aim to support the development of the business community.
second northern mountains poverty reduction project yields sweet fruits

Second Northern Mountains Poverty Reduction project yields sweet fruits

During seven years of implementation, the Second Northern Mountains Poverty Reduction Project (NMPRP-2) has contributed to improving the living standards of ethnic minorities and extending the Common Interest Group (CIG) model to have better life.  
hyosung gearing up to kick off 12 billion polypropylene manufacturing project

Hyosung gearing up to kick off $1.2-billion polypropylene manufacturing project

South Korean Hyosung Group is awaiting the Vietnamese prime minister’s approval to kick off the construction of its $1.2-billion polypropylene (PP) manufacturing plant located at Cai Mep Industrial Zone in the southern province of Ba Ria-Vung Tau.
adamed group signs largest polish direct investment in vietnam

Adamed Group signs largest Polish direct investment in Vietnam

Adamed Group spent $50 million on acquiring a controlling stake in Davipharm Co., Ltd., Vietnam’s fastest-growing pharmaceutical, marking the largest direct Polish investment in Vietnam to date.
foreign capital inflows perked up by multibillion dollar power plant licensing

Foreign capital inflows perked up by multibillion-dollar power plant licensing

The Vietnamese government’s granting of investment certificates to thermal power plants with a total investment capital of $8.37 billion contributed to raising the total value of foreign investment capital in Vietnam to $33.09 billion in 11 months of 2017.