hag group 2018 might be the turning point

HAG Group: 2018 might be the turning point

In the past year or so, core message private group Hoang Anh Gia Lai has revealed its intentions of financial restructuring to investors and declared shifting focus to the fruit segment. The group (ticker: HAG) earned VND1.26 trillion ($57 million) in gross profit in the first nine months of this year. Investors, however, wonder when the group will actually get rid of difficulties.
hagl chairman to sell off 23 million shares

HAGL chairman to sell off 23 million shares

Conglomerate Hoàng Anh Gia Lai’s chairman Đoàn Nguyên Đức will sell 23 million HAGL shares as guaranteed assets to help the company restructure its debts.
hoang anh gia lai arsenal end decade old association

Hoàng Anh Gia Lai-Arsenal end decade-old association

Hoàng Anh Gia Lai FC officially ended their 10-year-old relationship with European giant Arsenal yesterday.
ttc group seeks to take over hagls sugar business

TTC Group seeks to take over HAGL’s sugar business

Bien Hoa Sugar Joint Stock Company and Tay Ninh Sugar Joint Stock Company, two subsidiaries of TTC Group, will take over the sugar operation of Hoang Anh Gia Lai in a bid to make TTC Group the biggest sugar producer in Vietnam in terms of output.
vinacapital divestment bout continues with 11 million deal

VinaCapital divestment bout continues with $11 million deal

The Ho Chi Minh City Stock Exchange (HOSE) just announced that three of VinaCapital’s foreign investment funds have recently sold more than 29.4 million shares of Quoc Cuong Gia Lai Joint Stock Company (QCG).
temasek sees no way out from falling debtor

Temasek sees no way out from falling debtor

Temasek sees no way out of falling debtor Hoang Anh Gia Lai (HoSE: HAG), except to exchange some of its HAG bonds into stocks of HAG subsidiary HAGL Agrico (HoSE: HNG) at a price higher than its current market price.
debt laden hoang anh gia lai reports first net loss in 10 years

Debt-laden Hoang Anh Gia Lai reports first net loss in 10 years

The financial problems of Doan Nguyen Duc, president of Hoang Anh Gia Lai Group and one of Vietnam’s most influential businessmen, are widely known. However, it was only until 2016 that his company’s income turned negative.
hi tech agriculture rides strong wave of domestic investment

Hi-tech agriculture rides strong wave of domestic investment

The agriculture sector, especially hi-tech agriculture, has caught the attention of domestic giant firms, such as Vingroup, Hoa Phat and Hoang Anh Gia Lai, creating a new wave of investment.
pm urges local authorities to dialogue with business

PM urges local authorities to dialogue with business

Prime Minister Nguyễn Xuân Phúc urged local-level authorities in the Tây Nguyên (Central Highlands) province of Gia Lai Province yesterday to strive to become governments of dialogue, working together with businesses and ready to share failures and successes with them.
gia lai stung treng strengthen cooperation

Gia Lai, Stung Treng strengthen cooperation

Representatives of Gia Lai province and Stung Treng province of Cambodia have signed a Memorandum of Understanding (MoU) on socio-economic cooperation in Pleiku City.
hotel des arts saigon wins asias luxury business hotel award

Hôtel Des Arts Saigon wins Asia’s Luxury Business Hotel award

Hôtel des Arts Saigon is honored to take out the prestigious title at the 2016 World Luxury Hotel Awards, winning “Luxury Business Hotel” category for Asia, cementing its reputation for exceptional service, world class accommodation and luxury offerings.
hoang anh gia lai reports 49 million loss in first half

Hoang Anh Gia Lai reports $49 million loss in first half

Recently rescued conglomerate Hoang Anh Gia Lai (HoSE:HAG) continued to report pre-tax losses in the first six months of 2016.
ttc ifc and armstrong join hands to develop vietnams renewable energy

TTC, IFC and Armstrong join hands to develop Vietnam’s renewable energy

Thanh Thanh Cong Investment Joint Stock Company (TTC), the holding company of TTC Group, Gia Lai Electricity Joint Stock Company (GEC), IFC, a member of the World Bank Group and Singaporean-based Armstrong S.E. Clean Energy Fund have signed the strategic partnership agreement in Ho Chi Minh City.
kon tum province halts hag cow project

Kon Tum Province halts HAG cow project

The central highlands province of Kon Tum is withdrawing approval for a VND1.6 trillion cattle project run by Hoang Anh Gia Lai Group (HAG) in Ia H'Drai District, officials said.
banks defend bailout of hoang anh gia lai

Banks defend bailout of Hoang Anh Gia Lai

The State Bank of Vietnam’s decision to help Hoang Anh Gia Lai Group overcome its enormous debts has sparked a controversy among market players.