nutifood becomes major shareholder in vinasoys owner

NutiFood becomes major shareholder in Vinasoy's owner

The nutrition product producer NutiFood completed the purchase of additional two million shares in Quang Ngai Sugar JSC to become a major shareholder of the owner of Vinasoy.
vietnam spends 5 billion on coal imports

Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.
petrolimex to divest 40 per cent stake from pg bank this quarter

Petrolimex to divest 40 per cent stake from PG Bank this quarter

Vietnam fuel distributor Petrolimex has officially received the State Bank of Vietnam’s approval to divest a 40 per cent stake in PG Bank.
car and motorcycle sales decrease

Car and motorcycle sales decrease

The sales of cars and motorcycles plunged in June due to a lack of parts and components.
cam ranh international airport needs 17 billion upgrade

Cam Ranh International Airport needs $1.7 billion upgrade

The Civil Aviation Authority of Vietnam has submitted the planning adjustment for Cam Ranh International Airport to the Ministry of Transport for approval. It needs to mobilise $1.04 billion to upgrade the airport for the 2021-2030 period and the figure for 2030-2050 stands at nearly $655 million.
vingroup to develop second battery factory in vung ang

Vingroup to develop second battery factory in Vung Ang

The conglomerate Vingroup, through VinES Energy Solutions JSC, announced cooperating with Gotion Inc. to develop its second lithium battery factory with the total investment capital of VND6.3 trillion ($273.9 million) in the central province of Ha Tinh.
adani group to pour 10 billion in vietnam including lien chieu port

Adani Group to pour $10 billion in Vietnam including Lien Chieu Port

Indian investor Adani Group will cooperate with Anh Phat Investment Construction and Trading JSC to develop Lien Chieu Port among the group's proposed investment projects in Vietnam with the expected value of $10 billion.
first lobster festival to be organised in phu yen in july

First lobster festival to be organised in Phu Yen in July

Vietnam's first lobster festival is scheduled to take place in the southern central province of Phu Yen on July 30-31.
culture and food festival welcomes back nightlife lovers

Culture and food festival welcomes back nightlife lovers

The Saigon Night festival revived the long-awaited nightlife of many cities and provinces across the country after a long time of slumber due to the COVID-19 pandemic.
binh duong commits to resolve land problem for lego

Binh Duong commits to resolve land problem for Lego

Binh Duong People’s Committee has committed to resolving the problems relating to planning and land handover for the $1-billion factory project that the Danish group Lego has invested in.
vietnam is the worlds fastest recovering domestic aviation market

Vietnam is the world’s fastest recovering domestic aviation market

Vietnam’s domestic aviation market in the first six months saw the world’s fastest recovery with a growth rate of 123 per cent compared to the same period of 2019.
vinfast plans to open more than 50 stores in europe

VinFast plans to open more than 50 stores in Europe

VinFast has announced its plan to open more than 50 VinFast Stores across Germany, France, and the Netherlands. The reveal came at the European premiere of its VF 8 and VF 9 smart electric vehicles at EVS35 – the world's largest EV event this year.
charter capital of thaispace drops to a tenth

Charter capital of Thaispace drops to a tenth

The charter capital of Thaispace – a subsidiary of real estate leasing and construction materials provider Thaiholdings JSC – has dropped from $1.16 billion to $98.7 million, roughly equaling a tenth of the initial figure.
fortinet aims to narrow cybersecurity skill gap

Fortinet aims to narrow cybersecurity skill gap

Fortinet has pledged to train one million professionals by 2026 to contribute to narrowing the current cybersecurity skills shortfall.
vina roma proposes 2 billion quang tri iron and steel complex

Vina Roma proposes $2 billion Quang Tri iron and steel complex

Vina Roma Quang Tri Steel JSC has proposed building an iron and steel complex in the southeast province of Quang Tri with the total investment capital of just over $2 billion.