securities market sees capital hikes

Securities market sees capital hikes

Foreign investors are strongly pouring capital into foreign securities firms to cash in on the Vietnamese market’s growth potential, while local counterparts remain cautious in growing their charter capital.
foreign investors alarmed after sabeco was hit by tax arrears

Foreign investors alarmed after Sabeco was hit by tax arrears

The authorities’ collecting VND2.5 trillion ($109.8 million) in tax arrears from Saigon Beer, Alcohol and Beverage Corporation (Sabeco) made foreign investors concerned about taking part in later divestments of state-owned firms.
unprecedented suspension of cpa hanois ceo

Unprecedented suspension of CPA Hanoi’s CEO

The State Securities Commission has recently suspended two auditors at Hanoi Auditing and Accounting Company Limited. One of the two auditors is the company’s CEO, a rare case in Vietnamese stock market practices. What is behind this suspension of the CEO’s auditor status?
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.
sabeco and habeco controlling stake may be out of reach for foreign investors

Sabeco and Habeco controlling stake may be out of reach for foreign investors

To date, two of Vietnam’s largest brewers Sabeco and Habeco have yet to publish their specific state divestment plans, however, foreign investors may not have the opportunity to hold the majority stakes.
real estate market soars promising brighter future for companies in crisis

Real estate market soars, promising brighter future for companies in crisis

Stark increase in real estate pricing in the south, especially in Ho Chi Minh City, has fostered businesses in this sector to regain strength.
listed firms to spark real estate renaissance

Listed firms to spark real estate renaissance

Listed companies are preparing to launch new products following the thawing real estate market.
vinaconex scales up efforts to foster core businesses

Vinaconex scales up efforts to foster core businesses

Vietnam’s state construction giant Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex) has claimed to have met its restructuring targets after successfully addressing shortcomings in the firm’s assets, capital sources and operations.
strategic investors manage to stay ahead of the curve

Strategic investors manage to stay ahead of the curve

Strategic foreign investors played a leading role in Vietnam’s business arena last year as they hunted valued partnerships that leverage their business expertise.
some investors make hay while sun hides

Some investors make hay while sun hides

Few foreign investors are buying stakes in Vietnamese enterprises’ at high prices amid the local stock market falls.
flood of fund raising expected

Flood of fund raising expected

Several major companies are planning big fund raising ventures this year after the market was flooded in 2010.
completed an suong intersection opens up ho chi minh city traffic

Completed An Suong intersection opens up Ho Chi Minh City traffic

After the completion of N1 and N2 tunnels in March 2018 and July 2020, An Suong intersection has come into full operation, opening the gateway to the northwestern regions of Ho Chi Minh City and relieving traffic jams.
bui river dyke upgrade mooted

Bui River dyke upgrade mooted

Authorities of Hanoi’s Chuong My District are studying a plan to repair and upgrade the Bùi River dyke using pre-stressed concrete to ensure safety for residents when floodwater overflows, said Dinh Manh Hùng, chairman of the district’s People’s Committee.
bui vien pedestrian hours to be lengthened

Bui Vien pedestrian hours to be lengthened

Authorities in District 1 in HCM City have proposed to expand and lengthen the opening time of the Bui Vien Pedestrian Street.
bui vien pedestrian street opens for tourists

Bùi Viện pedestrian street opens for tourists

Thousands of local and foreign tourists flocked to Bùi Viện Walking Street in the popular backpacker area of HCM City’s District 1 as it officially welcomed walkers at its grand opening last night.