Press Review - October 2017

Friday, 29 September 2017 10:23


31 October 2017

Lacking control

SoEs struggle to attract investors in equitisation

Smokeless charcoal wins agricultural start-up competition

MoNRE looks to cut business conditions

Local telecom market saturated

Vietcombank divestment from Saigonbank and CFC greenlighted

Foreign real estate lags

Trade surplus of $1.23 billion in 10 months

Ten-month FDI grows 37% to $28 billion

10-month inflation rises but still under control


30 October 2017


Bitcoin use might face criminal charge in Vietnam

Grab, Uber tax inspection results announced

Taxation authorities propose delaying e-invoices till July 2019

SBV says bitcoin prohibited in Viet Nam

Realty M&A picks up foreign interest

Vietnam: Greenwings invests in Hoayeuthuong; Vemanti takes over Two Group

Vietnam’s industrial park major Becamex IDC to raise $423m in IPO


27 October 2017

Cultivating technology

APEC Economic Leaders’ Week in numbers

Vietnam, Russia determined to raise trade to $10 bln by 2020

Firms wary of switch to e-invoices

MoIT initiates probe into Khaisilk fraud

Vinasun reports abysmal third quarter

Vinaconex resumes divestment from Viwasupco

Which way for IZ, EPZs in HCM City?

Food and beverage sector expected to grow further

Experts: Investors abuse BT projects

Lotte Accelerator to invest $1m into Vietnamese startups


26 October 2017

Shares rise again, caution lingers

EU issues yellow card warning to Vietnam over fisheries exploitation

Auto market waits for import tariff removal

Japan’s AOI Tyo acquires 36% of Vietnam-based advertising firm VF Investment

Three startups under Vietnam accelerator VIISA bag VC money

Vincom Retail’s IPO, Vietnam’s biggest-ever, priced at top end to raise $709m


25 October 2017

Energy efficiency turns SMEs into success story

Major stocks, especially ROS, lift VN-Index

Big banks get a ‘fintegration’ facelift

Credit boom raises banks’ 3rd quarter

BIDV’s pre-tax profit touches $266 million

Officetels, condotels need regulations

MoT to cut airport budget deficit

VAMC buys $1.12 billion bad debts this year

Saigontourist, VNPT cooperate to build smart travel solutions

Taxing times

Phu Quoc to Transform Old Airport Into New Urban Zone


24 October 2017

Electronic tax collection, customs clearance piloted

Big EU demand for small shrimps

For the UNDP, Vietnam a model of growth

Foreign ownership in Techcombank officially at 0%

Customs signs agreement with banks for e-tax payment

Global IT firms should found VN legal entities: VTC

SCIC to divest three beverage giants

LCD tax loophole found, with big losses

Alibaba and Tencent eye Vietnamese e-payment sector

Digiworld sets foot in fast-growing FMCG sector

China’s Dah Chong Hong, CITIC team up for $80m healthcare, consumer fund


23 October 2017


Honda Vietnam makes bank on Vietnamese motorcycle market

Vietnam is gold mine for int’l express delivery firms

Vietnam: 500 Startups, VIISA invest in media platform Saigoneer

Vietnam to launch Shark Tank TV series to fund early stage startups

Vietnam set to roll out new regulations for VC funds independent from securities law


20 October 2017


Vietnam rice exporters should focus on Asian markets

Women - dive into the world of engineering

Việt Nam earned US$154.3 billion from exports

Tiền Phong Plastic plans to lift foreign ownership cap

South Korean investors heading for Vietnam

Uber, Grab requested to report revenues and driver number

Only 21% of Vietnamese SMEs join global value chain

Prime Minister lays out tasks for FTA implementation

Ministry says auto manufacturers need more than a tax cut

VinaCapital’s Vietnam Opportunity Fund invests $11m in Orient Commercial Bank


19 October 2017

Dau Tieng Rubber Corporation invests in high-tech agriculture

Foreign investor spends $29 million on stake in Tien Phong Plastic

Dung Quat Oil Refinery IPO attracts foreign investors

Using technology to “declare war” on Uber and Grab

VN Index lifted by construction, healthcare, retail firms


18 October 2017

HCM City’s Metro Line No.1 project in dire need of capital

Vietnamese consumes more trusting in online activities

Bank earnings to rise as credit growth gains momentum


17 October 2017

Automated customs system pilot takes off

Logistics firms work for foreign conglomerates in home market

Vietnamese firms balance wage disparity with ample bonuses

Proposed VAT on land transfer under fire

SCIC to auction 3.33% of Vinamilk stake next month

Ministry calls for clear policies for start-ups

High-tech tax cut might follow last year’s IT slash

Korean M&A wind blows into finance

BSR IPO coming up next month

Petroleum worth $1.3 billion imported from South Korea

Tax on soft drinks should be reconsidered: VCCI

Lifting of foreign-ownership ceiling pushes share prices up

Vietnam: IFC mulls extending convertible loan to DNP Water


16 October 2017

Sabeco to submit plan by Oct 20

KPMG’s service arm eases local business

Mid-priced flats in vogue in HCM City

Foreign customer “accuse” MIC of delaying insurance settlement

Vietnamese ride-hailing app launched in Da Nang

Vincom Retail launches Vietnam’s largest IPO worth up to $713m

Vietnam picks top private players to advise on private sector development


13 October 2017

Vietnam’s German-made smart cities

Decision benefits gas producers

3 expos open in HCM City venue


12 October 2017

US warns VN seafood exporters of unregulated fishing

Pilot direct PPA to fuel local power market

EVFTA on track to bring new German investors

Debt trading firm in line for a makeover: Finance Ministry

Interest rate cut targeted for end months

Ministries to cut barriers for import-export goods

MoIT scraps nearly 500 hydropower projects

Korean investors contest Vietnamese consumer finance

Shares mixed on two exchanges 

New car sales fall, used cars sales remain robust

Finance Ministry to simplify 71 administrative procedures


11 October 2017

HCM City plans seven infrastructure projects

Concerns raised about north-south highway project

Retail faces high employee turnover

New regulations on banking guarantees for home purchases

Thai firms keep up local M&A interest

CJ Group acquires majority stake in units of Vietnamese logistics firm Gemadept

Vietnam’s Sacombank seeks to switch listing to smaller exchange


10 October 2017

Bumpy time for automobile market, smooth sale for used cars

Vietnamese consumers second-most optimistic in Asia-Pacific

Vietnam Business Week to take place in early November

Mekong Capital to lower stake in Mobile World

Central bank issues plan to develop card payment

Consumer finance lures foreigners

$2 billion seaport running at 15-20 percent of capacity

Vinasun taxis sloganise against Uber and Grab


09 October 2017

VITAS recommends removing tariffs on polyester fibre

Net foreign capital in securities market rises 80% y-o-y

Banks rush to cash in on digital wallet market

Revitalising Vietnam’s power plants, keeping an eye on emissions

Is there a new South Korean investment wave in the stock market?Is there a new South Korean investment wave in the stock market?

Government to establish agency to manage State assets

Is there an end for Uber in Vietnam?


06 October 2017

Fewer Ha Noi-HCMC flights but fares stable

VNPT sets 2019 target for IPO

Regional hub for German investors

Vietnam Airlines eyes public listing, further strategic share sale in two years

Vietnam: Expara Ventures leads $400,000 funding in lifestyle startup WisePass


05 October 2017

EVFTA to bring in Hungarian meats

Further fee cuts needed to support firms

High staff turnover a challenge in retail

40 foreign investors join race for IDICO shares

MPI pens legal framework for start-up funding

TTF completes subsidiary divestment

WB report: Vietnam’s economy continues to show fundamental strength

Vietnam: LienVietPostBank in talks for 25% strategic sale, JoomlArt acquires Gavick


04 October 2017

Gov’t to establish agency to manage State assets

VN Index falls for a third session

Human resource challenges in the digital age:

Gemadept sells majority stake in two subsidiary firms

Belgium brewer to expand in Bình Dương

FDI into real estate exceeds $51 billion

Vietnam's top 10 key export products in January – August

Prudential to sell Vietnam consumer finance unit for up to $150m

Vietnam picks UBS, Saigon Securities as advisors for Vinamilk’s 3.3% sale


03 October 2017

Nissan says recalling 1.2 million cars in Japan

Chairman of FPT Software: "I do not need a degree"

Dow, S&P 500, Nasdaq end at records ahead of Q3 earnings 

Uber Vietnam CEO resigns amid growing competition

LienVietPostBank denies rumour of merger with Sacombank

Cutting business procedures only one step forward

Mobile World hitting the brakes?

KDF becomes new UpCom eye-candy

NovaLand receives $40-million loan from Credit Suisse

Experts doubt MOIT’s new rules will free up businesses

Ministry downplays Uber, Grab ban

Hanoi demands special mechanism to develop 22,300 apartments

To export products to the US, Vietnamese businesses must understand laws


02 October 2017

Vietnam's economic highlights in nine months

Progress on special zones law to ease investment

Businesses flex their muscle to compete with foreign fast-fashion brands

SSI, UBS AG selected as next Vinamilk’s share sale advisors

VNPT schedules IPO in 2019

EVN looking for alternative capital sources

TPP 11: What will Vietnam do?

Vietnam: Lotte to buy out TechcomFinance; Pilmico’s Eurofeed deal at $3.2m

Vietnam: Mekong Capital nets proceeds of $79m from exits in 2017

Warburg Pincus, Credit Suisse together hold more than 20% of Vincom Retail