alipay signs with napas to take on vietnam

Alipay signs with Napas to take on Vietnam

Alipay, the leading online payment platform under Alibaba from China, signed a business co-operation agreement  with National Payment Corporation of Vietnam (Napas) on November 6.
japanese apparel firm acquires leading vietnamese fashion brand nem

Japanese apparel firm acquires leading Vietnamese fashion brand NEM

On November 8, Stripe International, a Japanese apparel manufacturing giant, announced the acquisition of NEM Group’s apparel brand after the firm’s official announcement on August 8 to schedule the business acquisition.
zara welcomes first customers in hanoi

Zara welcomes first customers in Hanoi

On November 8, Zara opened its first store in Hanoi’s top-of-the-line Vincom shopping mall chain.
monsantos answer to vietnams burgeoning nutrition demand

Monsanto’s answer to Vietnam’s burgeoning nutrition demand

Dekalb Vietnam, a Monsanto's subsidiary, and the Institute of Preventive Medicine and Public Health (IPMPH) of Hanoi Medical University (HMU) today co-hosted a research scholarship awards ceremony with a total grant value of over VND1.3 billion ($60,000) and a conference on food and nutrition safety.
vincom retail to reach 28 billion market cap

Vincom Retail to reach $2.8-billion market cap

On November 6, Vincom Retail, a subsidiary of Vingroup Corporation, launched the sale of 1.9 billion shares listed on the Ho Chi Minh City Stock Exchange (HOSE), becoming a billion-dollar enterprise with the market capitalisation of roughly $2.8 billion.
legal system frowns at silicon tech giants

Legal system frowns at Silicon tech giants

Facebook, Google, Viber, and Amazon are required to set up their own servers in Vietnam in accordance to the Draft Cyber Security Law, which could be a challenge.
who agency brought to task over data manipulation

WHO agency brought to task over data manipulation

Earlier in October, a Reuters investigative report unveiled data suppression and manipulation fabricated by the World Health Organization’s International Agency for Research on Cancer (IARC) on the best-selling weed-killer, glyphosate.
foreign investors still ignore soe equitisation

Foreign investors still ignore SOE equitisation

The large-scale state-owned enterprise equitisation has yet to lure strategic investors, especially foreign investors, due to problems related to procedures and the quality of business management and transparency in publishing information, among others.
vietcombank divestment from saigonbank and cfc greenlighted

Vietcombank divestment from Saigonbank and CFC greenlighted

The State Securities Commission of Vietnam (SSC) has licensed Vietcombank to sell its shares at Saigon Bank for Industry and Trade (Saigonbank) and Cement Finance Company (CFC) in order to comply with central bank regulations.
dekalb vietnam four years of fostering talent

Dekalb Vietnam: four years of fostering talent

On November 6, 2017, Dekalb Vietnam and the Faculty of Biotechnology of Vietnam National University of Agriculture (VNUA) will organise the fourth Monsanto-VNUA scholarship reward ceremony, which is a part of the five-year, VND1.5-trillion ($65.8 million) Monsanto-Vietnam National University of Agriculture (VNUA) scholarship programme.  
exciting hues and designs at mym rubik fashion show

Exciting hues and designs at M.Y.M "Rubik" fashion show

On October 28, fashion brand M.Y.M is to host a fashion show showcasing the latest designs in its Fall/Winter Collection 2017, called Staging of Time. Inspired by a harmonious fusion of feminism and classicism, the Collection aims to depict timeless and indigenous beauty symbols.
techcombank temporarily fixes foreign ownership limit at zero per cent

Techcombank temporarily fixes foreign ownership limit at zero per cent

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced a foreign ownership percentage of zero per cent followed by HSBC Bank’s divestment in July and its stakeholders’ request for temporary zero foreign ownership in late August.
scic to divest three beverage giants

SCIC to divest three beverage giants

Vietnam’s largest listed company Vinamilk (ticker VNM on the Ho Chi Minh Stock Exchange) has finalised procedures to sell 3.3 per cent of the residual stake on November 10, whilst the two brewery giants Sabeco and Habeco have yet to submit their divestment plans.
hm and zara open first stores in hanoi

H&M and Zara open first stores in Hanoi

The emergence of Zara and H&M in Vietnam is heating up the competition among local fashion brands and garment manufacturers, exacerbating the battles in prices, designs, and the international feature.
vincom retail to score largest sale in ipo history

Vincom Retail to score largest sale in IPO history

Vincom Retail, a subsidiary of Vingroup Corporation, has launched the initial public offering (IPO) of 380.2 million shares with an estimated record valuation of $713 million, marking it the biggest domestic IPO in the private sector over the past decade.