German fund invests 28 million USD in Vietnamese sugar company Business

German fund invests 28 million USD in Vietnamese sugar company

Thanh Thanh Cong-Bien Hoa JSC (SBT) has announced that the German development finance institution DEG, owned by the German Government, invested 28 million USD to buy convertible preferred dividend stocks at 30,000 VND (1.26 USD) each, 84 percent higher than SBT’s market price on July 25.
Vietnam becomes ninth largest trade partner of Myanmar Politics

Vietnam becomes ninth largest trade partner of Myanmar

Trade between Vietnam and Myanmar reached 860 million USD in 2018, making Vietnam the 9th largest trade partner of Myanmar, it was reported at a meeting between Deputy Prime Minister Vuong Dinh Hue and Myanmar Minister of Planning and Finance Soe Win on June 18.
HAGL Group, THACO ink strategic deal Business

HAGL Group, THACO ink strategic deal

The Hoang Anh Gia Lai (HAGL) Group and Truong Hai Auto Corporation (THACO) inked a strategic cooperation agreement in Ho Chi Minh City on August 8 in the presence of Prime Minister Nguyen Xuan Phuc.
HAGL forecasts 1.6 percent revenue drop in 2017 Business

HAGL forecasts 1.6 percent revenue drop in 2017

Agriculture firm Hoang Anh Gia Lai (HAGL) has predicted 6.33 trillion VND (281.5 million VND) in total revenue and 552 billion VND in pre-tax profit in 2017, the company announced at its recent annual shareholder meeting.