michael jacksons father not in happyland

Michael Jackson’s father not in Happyland

Joseph Jackson, famous singer Michael Jackson’s father, announced an end to his involvement in the $2 billion Happyland project in Long An province.
fund to get enterprises moving

Fund to get enterprises moving

The Ministry of Planning and Investment’s (MPI) Business Development Department deputy head Nguyen Hoa Cuong sheds some light on the MPI’s supportive policies to get 600,000 firms generating revenue and posting profits by 2015. One of the key measures is to establish the Enterprise Development Fund.
tennis star thien enters top 100 young players

Tennis star Thien enters top 100 young players

Young tennis ace Nguyen Hoang Thien is included among the list of top 100 young players in the world, according to rankings released early this month.
nguyen hoang thien wins national junior tennis champs

Nguyen Hoang Thien wins national junior tennis champs

Vietnamese tennis star Nguyen Hoang Thien won the National U18 Tennis Championships after defeating Pham Minh Tuan 2-0 in the final round on August 7.

Novices push index to new high amid listing scramble

Vietnam’s stock market index, currently the world’s top performing benchmark index, continued to hit fresh record highs as local and foreign investors scrambled to buy into a flood of new listings.
bush visit ignites bourse

Bush visit ignites bourse

Vietnam’s stock market is more bullish than ever in its six-year history following the historic visit by US president George W. Bush to the Ho Chi Minh City trading floor last Monday.
vinacapital pushes into it

VinaCapital pushes into IT

Fund management firm VinaCapital last week launched its latest fund dedicated to investing in Vietnam’s information technology and telecommunication companies.
exchange tempts us institutions

Exchange tempts US institutions

Scores of high-profile US financial institutions are making a beeline for the booming Vietnamese stock market, which is believed to be the fastest growing in Asia.
ocbc to buy into vpbank

OCBC to buy into VPBank

Singapore-based Overseas Chinese Banking Corporation (OCBC) has received approval from the central bank over its plans to acquire 10 per cent of the Vietnam Bank for Private Enterprises (VPBank). Upon purchase, OCBC will be the fourth foreign bank to buy into a Vietnamese lender.
acb 190m bond plan

ACB $190m bond plan

Asia Commercial Bank (ACB) is considering an ambitious plan to issue convertible bonds worth VND3 trillion ($190 million) in a bid to strengthen its financial position.

Breakthrough: energy efficient fuel from tra and basa fish fat

Vietnam’s leading catfish co-op Agifish has teamed up with SaigonPetro and two local refrigeration firms to produce a bio-fuel efficient enough to run diesel engines from the fat of tra and basa fish.
banks tussle for deposits

Banks’ tussle for deposits

Vietnamese commercial banks are in a race for more funds, both in Vietnamese dong and US dollars, by hiking deposit interest rates despite the consensus reached last year among local banks not to use interest rates as a tool for competition.
danao set to go it alone with ailing dalat resort project

Danao set to go it alone with ailing Dalat resort project

After years of negotiations, US-backed Danao International Holdings has won the right to go it alone as its local partner, Lam Dong Tourist Company, has agreed to withdraw from the ailing Dalat Resort Incorporated (DRI).
speculators look for place in the sun

Speculators look for place in the sun

Year-round warm weather, a well-preserved environment, pristine forests and stretches of beautiful sandy beaches have made Phu Quoc, off Kien Giang Province, one of the world’s most fascinating tourism paradises. But to turn it into the premier tourist destination that the government plans will require some work.
interfood preps ipo ingredients

Interfood preps IPO ingredients

Malaysian-owned foodstuff and confectionery producer Interfood will sell more than 3.65 million shares early next month in a move to prepare for listing on Vietnam’s stock market.