Press Review - November 2017

Tuesday, 31 October 2017 15:34

 

30 November 2017

Internet of Things to drive VN digital transformation

Asia markets mixed after US records, Bitcoin breaks US$10,000

For Industry 4.0’s workforce, up-skilling is a necessity

Financial stocks lift market further

 

29 November 2017

Vinaconex share price set at $1.12

Foreign firms dominate VN electronics

A woman’s world

Smartphone users cover 84% of VN population

Mai Linh Group reveals draft merger plan

New cross-holding rule to hit banks

Will tourism replace crude oil as a major source of revenue?

Vietnam hopes to mop up $5b from majority stake sale in brewer Sabeco

Singapore-based $1-t fund manager keen on Sabeco shares, says Vietnam trade ministry

Uber partners with Vietnamese mobile wallet MoMo for payments

 

28 November 2017

BUSINESS IN BRIEF 28/11

HCM City seeks extra $800 million for metro line 2

VN stocks lifted further by large-caps

Power firms to hold IPOs as Gov’t liberalises sector

Electronic giants setting foot in pharmaceutical retail

AkzoNobel acquires V.Powdertech business to strengthen presence in Southeast Asia

E-logistics race spurs deliverers

Big shots eye dawn of local gaming

Many projects put under special environmental control

Vietnam’s IPO Digest: Vinaconex sets preference price; Becamex misses target

Swedish Fram to buy Rocket-backed Carmudi’s Vietnam business

 

27 November 2017

Concern over Vinawaco capital loss

Food processing industry has ample space for development

China makes up three-fourths of Vietnam’s vegetable, fruit exports

Vietnam: Garment firm Quang Viet to take 42% in King Hamm for $11m

Vietnam’s Sabeco receives strong response at Singapore investor roadshow

 

24 November 2017

Experts urge strengthened land laws

SEOs able to apply book building for IPOs in 2018

Ministry aims to boost business climate

SEOs able to apply book building for IPOs in 2018

Fast fashion challenges VN firms

GDP grows sharply as economy relies on foreign-invested enterprises

Banks divesting shares to clear cross-ownership status

Vietnam: Hong Kong-based Hendale Capital invests in online travel agency Vntrip

 

23 November 2017

BUSINESS IN BRIEF 23/11

NA adopts resolution on North-South Expressway section investment

Vietnam's GDP growth cannot keep pace with an increase in public debt

Thu Thiem set to relieve Ho Chi Minh City’s infrastructural challenges

Anti-dumping review on Việt Nam steel nails cancelled

Mobile World raises $50m in first bond issuance

Grab driving to break into e-payment sector

Africa full of potential for Vietnamese firms

Two real estate frauds exposed

Vietnam: HDBank to sell 20% shares in December IPO at $1.5b valuation

Thu Thiem set to relieve Ho Chi Minh City’s infrastructural challenges

22 November 2017

VWS thinks in global terms

Direct flights to connect Beihai, Zhengzhou and Da Nang

For the well-being of all

NA passes two laws, one resolution

Grab Vietnam overstates taxes paid in Vietnam

HCM City sets environmental protection legal framework

Is bitcoin trading prohibited in Vietnam?

Vietnam-linked firm acquires Nasdaq-listed Stanley Furniture for $16.1m

Asian investors compete to build up stakes in Vinamilk

 

21 November 2017

Part of the puzzle

Honda recalls 800,000 minivans over faulty seats

Working on new ways to lure FDI

European stocks shrug off Germany's political woes

Stamping policy stopped

Ailing banks allowed to go bankrupt, NA votes

Vietcombank divests from two firms

SCIC to divest from powerful companies next month

12 becomes 11, and the TPP finds a way forward

Without support, e-vehicles still rise

 

20 November 2017

BUSINESS IN BRIEF 20/11

Fund manager optimistic on VN stock market

Foreign brands up the ante in fashion market

Ban on casino entry lifted

Competition Law sanctions debated

Ministry's power tariff proposals will benefit hotels

Exclusive: Fenox VC aims to strike first deal in Vietnam by 2018

 

17 November 2017

Who will buy multi-trillion VND worth of debts?

FDI pursuit should focus on US and EU: expert

Government alleviates public debt concerns

 

16 November 2017

Foreign investors hesitant to acquire stakes in SOEs

Nghi Son refinery and petrochemical complex in a rush to complete construction

SEZs can be a development catalyst

HCM City proposes to ease house ownership to overseas Vietnamese

VN sees over $24 billion trade deficit from APEC economies

MoIT announces Sabeco divestment plan

MoC to sell entire holding in DIC Group

AirAsia partnership limited by authorities

SOE reform to fuel higher economic growth

Masan completes buyback of over 100 million shares

Kenmark Industrial Zone calls for buyers again

Chinese e-commerce firm JD.com pours $44 million in Tiki.vn

Domestic commercial banks accelerate foreign talks

Foreign investors hesitant to acquire stakes in SOEs

CapitaLand marks 11th residential project in Vietnam by acquiring $177m asset

Vietnam: IFC leads $185m funding commitment in commercial lender VIB

Vietnam to offload 21.8% of construction major Vinaconex on Dec 8

Singapore-listed Jardine Cycle & Carriage shores up over $900m stake in Vinamilk

 

15 November 2017

State turns inward for PPP plans

Apple Vietnam complains about sub-licensing requirements

How special should be Vietnam’s special economic zones?

Multibillion-dollar M&A wave targeting Vietnamese SMEs

 

14 November 2017

Reforms raise local ranking

Long-term US FDI in Vietnam is on an upward trend

Fresh milk market still attractive despite big rivals

The automotive giant behind stellar Vinamilk buy-in

Uber, Grab, Bitcoin and Vietnam’s digital economy

On the verge of another Chinese investing wave

M&As increasingly appealing to South Korean businesses

TNB Ventures strikes 1st deal in Vietnam, co-invests 8-digit sum in e-commerce startup

SE Asia startups receive grants from MBI, TNB Ventures to facilitate smart cities

 

13 November 2017

Siemens Healthineers: Paving the way to a sustainable system of healthcare

Landmark law to spur big FDI

VN-Index expected to hit 870 points this week

New regulations on use of credit cards

NA passes 2018 budget estimates

Mobile phone customers prefer installment payment method

Bank cross-ownership, a tough problem to crack?

Landmark law to spur big FDI

Credit contacts

Mekong Capital’s Vietnam Azalea Fund exits last portfolio company for $64.5m

 

11 November 2017

Millennial shoppers to drive future of Vietnam’s e-commerce market

 

10 November 2017

New policy encourages CBU car imports, rather than assembling

Vietnam to be among top 20 economies by 2050, says PwC

Uber IPO 'target' is 2019: CEO

 

09 November 2017

VN CEOs brimming with confidence: survey

Unprecedented challenges confront APEC: President

Stock market capitalisation equals 61% of VN’s GDP

Việt Nam nation brand valued at $203 billion

Japanese Kyoei Steel Company buys 20% shares of VIS

Lawmakers: North-South road may be costly

Banks’ shareholder structure changes

Vietnam Airlines in talks with foreign investors for selling more shares

 

08 November 2017

Petrolimex prepared for intensified competition

HCMC: Land available for Build-Transfer projects shrinks

Local insurers still neglect network security insurance

Mega-deal brings investment to highest level on record in India

Banks offer high interest rates to mobilise deposits

Product origin info to be enhanced

Habeco profit and revenue still on the downslope

State turns inward for PPP plans

Overseas Vietnamese say complicated procedures make it difficult to buy houses

The rise and fall… and resurrection of bubble tea in Vietnam

Vietnam’s VinaCapital to deploy over $100m in PE deals in coming months

 

07 November 2017

Apple's US$120m patent award from Samsung upheld by top US court

Against tide, APEC seeks deeper trade integration

TPP11-pact remains significant, vital

ACAPR proposes measures to reduce expenditures for enterprises

New petrol import tax benefits people

More SoEs set for equitisation as restructuring okayed

Reforms raise local ranking

Realty climbs on solid fundamentals

Online sales of FMCG outpace offline sales globally

Vincom Retail to reach $2.8-billion market cap

Multi-trillion VND worth of bad debt put on sale

VN consumer wariness could impede e-commerce

Digital payments have to be inclusive, sustainable: Jack Ma

Potential Sabeco bidder Fraser and Neave says Vinamilk valuation is benchmark

Vietnam: Vincom Retail raises $740m from GIC, Templeton, HSBC, others in IPO

 

06 November 2017

Hong Kong leads Asia Pacific for hotel deals in third quarter of 2017

BUSINESS IN BRIEF 6/11

E-commerce the ticket to MSME success

Vietnam’s global integration: it is now the financial sector’s turn

Mobile payment helps develop non-cash economy

Vietnam: TEKY Corp looks to raise at least $3m from pre-ICO

VinaCapital invested $20.5m in budget airline Vietjet’s 2016 IPO

Vietnam: Binh Son Refinery delays IPO again, plans to offload larger stake

 

03 November 2017

BUSINESS IN BRIEF 3/11

Projects funded by ODA luring in Japanese firms

As coal rises, waste remains an issue

Thua Thien-Hue attracts $96m investment

Petrolimex’s post-tax profit down 16%

City eyes large tax on second homes

IPOs set to spice up year end trading: analysts

Banking assets rise to more than $407 billion

 

02 November 2017

Foreign-backed local pharma surges

Spurring more funds into startups

Electricity sector gets BOT boost

MSCI upgrade not coming until 2020

APEC ‘a golden chance’ for Da Nang firms

From December, Vietnamese eligible to gamble at casinos

Retail sales and services reach almost $143 billion

Customs clearance payments to go online

Real estate market: foreign investors change business strategy

Uber and Grab requested to use logos on vehicles

Vietnam: Suncity to pick 34% in Hoiana casino project, commits to invest $26.6m

 

01 November 2017

BUSINESS IN BRIEF 1/11

Quang Ninh: Van Don special administrative-economic unit to be established

APEC 2017: Capacity Building for Micro, Small & Medium Enterprises (MSME)

VN retail forecast to grow steadily

Sony’s legal battle over warranties set to continue

Drug market bounces back with M&A deals

New Law on Planning is scheduled for adoption

HCMC mulls higher tax on speculative property trading

HCMC to put on hold all BT projects under negotiation

Vietnam’s Vinamilk to raise $319.4m by selling 3.3% stake

SOCO International acquires 70% interest in Vietnam’s offshore blocks

Tiên Sa Port gets fund to expand

 
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