Viettel Global Investment JSC, a subsidiary of Viettel Military Industry and Telecoms Group, reported revenue of 4,428 billion VND (188.6 million USD) and profit of 1,342 billion (57.1 million USD) in the third quarter of 2018, increases of 5 and 8 percent year-on-year.
The animal husbandry sector in Vietnam has produced quality products that can compete with foreign brands, at home and in export markets. It is expected that the sector will access bigger markets with
Social impact businesses (SIBs) are a key factor in helping to achieve sustainable development goals, and as such they need more support to develop, according to a study report released in Hanoi on September 27.
The spirit of entrepreneurship is key to the development of startup businesses in Southeast Asia and for Vietnamese startups in particular, according to Dinh Thi Quynh Van, General Director of PricewaterhouseCoopers (PwC) Vietnam.
SunRice team from the University College of London with its rice drying model based on Vietnam’s rice grain drying technology has won the first place of the Hult Prize competition for start-ups.
Vietnamese and foreign businesses and individuals running more than 200 start-up models will present their innovative products and services at the 2018 Start-up Day that opens on August 24 in HCM City.
State management bodies need to consider the market in terms of the development of new technologies and business methods, rather than using administrative procedures to intervene in the operation of auto transport businesses, said Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung.
Nui Phao Mining Company Ltd has acquired Germany-based H.C.Starck GmBH’s 49 percent stake in Nui Phao – H.C.Starck Tungsten Chemicals Manufacturing LLC (NHTCM) for 29.1 million USD.
Sen Do Technology JSC, the operator of Sendo online commerce platform, has gained 51 million USD funnelled by investors from Japan, the Republic of Korea and Taiwan (China), including SoftBank Ventures Korea, Daiwa PI Partners and SKS Ventures.
The Ministry of Industry and Trade (MoIT) has announced its decision to inspect retailers with a business model similar to that of Mumuso Vietnam Company Limited.
The ride-hailing application FastGo will debut in Ho Chi Minh City this month, giving another choice of travel and payment methods for customers of the city.
Vietnam will get its own mega girl group of 48 members in the J-pop style of the popular AKB48 in Japan.
Vietnam is in a favourable position to take advantage of development opportunities brought by the sharing economy, Chargé d’Affaires at the Australian Embassy in Vietnam Rebecca Bryant stated at a conference on this kind of economy in Hanoi on July 12.
Mollis organic towels of PhongPhu Corporation have received “very good response” in the market after being launched last year, a sign that premium products are becoming more popular in Vietnam.
Vietnam is emerging as a country with great potential to develop digital economy, as it has more than 58 million internet users out of its 90 million people and the over 125 million mobile subscribers.
Moody’s Investors Service has assigned a B3, or stable, credit rating to Home Credit Vietnam Finance Company Limited, making it the first consumer finance company in Vietnam to get the rating.
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) raised about 21 trillion VND (922 million USD) in its initial public offering (IPO) on April 27.
Despite strong growth, investment into innovative start-ups in Vietnam remains relatively modest compared to the region and the world.
