Press Review - May 2018

Friday, 01 June 2018 10:03

Press Review – May 2018

 

31 May 2018

Nearly all banks make a profit in first quarter

Shares plummet on strong selling pressure

Local F&B firms expand to counter foreign competition

Mercedes-Benz VN recalls 284 cars over faulty airbags

Fintech firms need support from banks: SBV

What future awaits Grab and Uber?

Retail sales, services revenue up by 10.1pc

FIEs struggle to remain afloat on local bourses

CBRE: Co-working spaces expanding and potential rising

Banks raise fees, e-wallet to be preferred

SE Asia-focused PE investor TAEL invests in Vietnamese education player

 

30 May 2018

More than 11,000 new firms established in May

The other side of overseas investment

Foreign firms eye VN plastics

FDI disbursements up 10% in five months

Posco VST-Thanh Nam Group judgement overruled

 

29 May 2018

Siam Cement acquires 100% stake in petrochemical project

The other side of overseas investment

NA report shows SOEs debts in the quadrillions

Will foreigners be allowed to buy condotels?

Partners-backed ISP in talks to buy Canadian International School Vietnam

VinaCapital-backed CenLand to list 50 million shares on HoSE

 

28 May 2018

Viettel to launch 4G service in Myanmar

Govt vacillates on incentives in special economic zones

Ride-hailing sector competition throwing sparks

New regulation reduces cross-ownership in banks

New rules on processing goods for foreign traders

Vietnam to offload nearly 18% stake in ceramics firm Viglacera

 

27 May 2018

Laguna Lang Co issued a casino license

 

25 May 2018

Vietnamese exports to Africa face price challenges

Vietnam-Belarus Business Council debuts

Mobile payment firms struggle to dethrone cash in Southeast Asia

Real estate sees a rise of M&A deals

Indonesia’s Go-Jek to expand markets in Southeast Asia, targeting VN

 

24 May 2018

One million successful enterprises by 2020 is achievable

Việt Nam firms lack brand strategy: survey

Việt Nam’s GDP projected to grow 7% in 2018

Zuellig Pharma on MoH’s drug radar

Banks raise fees, e-wallet to be preferred

When will Vietnam’s e-commerce players stop “burning money”?

Walt Disney deal to give facelift to Dai Dong Tien Plastics furnishing

Traditional retail fighting to keep up with e-commerce boom

Finance Ministry proposes sugar soft drink tax

P2P lending feared to trigger black credit

South Korea’s Mirae Asset hikes stake to 14.47% in Vietnam’s Bamboo Capital

Vietnam Dealbook: Alp Asia is ACB’s major shareholder; SeAbank buys VNPT arm

Vietnam is a frontier market for good reason

 

23 May 2018

Central bank approves acquisition of VNPT’s finance subsidiary

Government decree cuts requirements for online businesses

Daiwa Securities raises stakes in SSI to over 20%

MoIT asked to report on solar power plants

New decree expected to halt temporary import violations

Vietnam Digest: WisePass raises $150k; State earns $69k from airline auction

SK Holdings, Japan’s Idemitsu among suitors for 44.72% stake in Vietnam’s PVOIL

Vietnamese Techcombank to make listing debut on June 4 at $6.5b valuation

 

22 May 2018

CEOs assess business sentiment across ASEAN markets

Eyes on Vietnamese goods abroad

EU tops exports of Việt Nam shrimp

Gov’t asked to help automakers overcome difficulties

US’ DoC levies import tax on Vietnamese steel

Real estate market is ‘fragile’, could lead to another bubble, experts say

Lazada and DeAura the biggest pains for customers in 2017

E-commerce and game cards: new trends in the gaming industry

Vietnamese currency security faces big challenges from technology

SBV to probe credit institutions operation

Dozens of taxes, fees burden VN car users

Nielsen: Snacks the next growth story

Vietnam: DFJ VinaCapital-backed Yeah1 listing; Thai plastic giant ups stake in BMP

 

21 May 2018

Proposed regime for reporting market prices

VN payment service market, e-wallets boom

Synchronised real estate laws will bring stability

State to exit PetroVietnam tourism service arm in share auction

Vietnam’s OCB expects $1b market value after listing

 

19 May 2018

Mobile payment market heats up with foreign players

 

18 May 2018

Vietnam to host event on rice bran oil

Equity of PPP investors must make up 20% of total investment

Vinhomes’ shares jump 20 percent shortly after listing on Vietnam’s stock market

Chemical factory close to Halong Bay raises concerns

Ministries urged to remove 49 percent foreign cap

GIC-backed Vinhomes becomes Vietnam’s second-most valuable listed firm

 

17 May 2018

Petrolimex, JCCP ink second-phase cooperation deal

Amazon Web Services stands behind Vietnamese startup community

CapitaLand REIT forays into Europe with $420m Frankfurt property acquisition

MoF mulls increasing green tax

Gov’t seeks to reclaim empty ’golden land’ plot

Grab-Uber deal may be illegal: VCA

U.S. auto council bemoans stringent Decree 116

Ministry proposes raising environmental tax on petrol

 

16 May 2018

E-commerce giants struggle to find profit in Vietnamese market

MoF aims for e-finance system by 2025

Hà Nội to crackdown on delayed projects

MoF aims for e-finance system by 2025

Vietnam Digest: Warburg, Becamex IDC launch JV; Mirae-Prevoir venture goes live

 

15 May 2018

$10m IT park to be built in Bình Định

Petrolimex Aviation to supply fuel at all airports in Vietnam

Transport ministry targets red tape

Viettel asked to follow customer rights law

State corps commit violations worth over $15b

New regulations to improve Vietnam commodity exchange

Decree stipulates investor’s equity ratio in PPP projects

Vietnam could be Lotte Mart’s next target for withdrawal after China?

Crypto exchange Huobi plans to enter Vietnam’s blockchain market

 

14 May 2018

Techcombank raises $362m from second-phase treasury stock sale

Land prices around HCM City jump

Overseas investment: Vietnam exploring new markets

Ministries urged to remove 49% foreign cap

Comvik ignores AVG scandal and still wants strategic piece in MobiFone

Viettel fined for replacing foreign TV channels

Vietnam: Techcombank earns over $370m from treasury share sale

 

13 May 2018

VinaCapital increases stake in food major Kido Group to over 5%

Vietnam Digest: SCIC targets selloff in 134 firms; Flag carrier to move listing to HoSE

 

11 May 2018

Votes of confidence for Việt Nam’s economy

Bright outlook for Vietnamese rice exporters later this year

BUSINESS IN BRIEF 11/5

 

10 May 2018

Net sells by foreign investors not a worry: analysts

BUSINESS IN BRIEF 10/5

Changing face of VN hospitality

Net sells by foreign investors not a worry: analysts

CPTPP likely to increase garment exports to Australia

Celtrion Group to build $800-million pharmaceutical factory

JC&C joins the race for Vinamilk

Changing face of VN hospitality

First Singaporean bank debuts in Vietnam

 

9 May 2018

GDP of 6.7 percent is within reach

PV Power Q1 profit up 37%

Sustainable business practices spearhead Vietnam’s development: conference

Kyoei Steel to raise VIS’ ownership to 65%

Brokers oppose SAEZ provinces’ suspension of land transactions

                                                                                                                                 

8 May 2018

Vinhomes raises $1.35 billion in Vietnam's biggest share issue: sources

BUSINESS IN BRIEF 8/5

Vietnam inaugurates $264m deepwater seaport

Extending mandate of tax authorities may halt tax evasion

Is Diageo interested in gobbling up Halico?

Vietnam exporters must self-verify origin from 2019

SCIC to sell stakes in 121 firms in bid to make after-tax profit

Foreign shipping agents raise freight fees

Jardine Matheson firm seeks to up Vinamilk stake to over 11%

 

7 May 2018

Hà Nội promotes auctions of land use rights

Draft law lifts banks’ role in e-commerce

MoF floats securities streamlining

Alliances aim to control drug distribution market

Franchising takes Vietnamese brands to the world

Fire equipment market hard to control despite huge demand

VNPT seeks to earn $5.4m by divesting 8.52% stake in Saigon Poste

Vinhomes share sale said to raise $1.35b in Vietnam’s biggest issue

Singapore blockchain-based ride hailing platform MVL to drive into Vietnam in July

Siemens, Idemitsu among suitors drawn to Vietnam energy sell-off

 

5 may 2018       

Banks tighten lending rules

 

4 May 2018

Flipkart closes $350m share buyback as it prepares to sell majority to Walmart

Hanoi to host World Economic Forum on ASEAN in September

BUSINESS IN BRIEF 4/5

Petrol traders urged to lift bio market share

Micro foreign-invested businesses flock to Vietnam

More investors want to sell giant BOT projects to the govt

 

3 May 2018

BUSINESS IN BRIEF 3/5

Investing M&A Outbound Investment 30 years of FDI

CyberAgent Ventures says has exited 10 investments to date in SE Asia

FPT Retail allowed to raise charter capital

Foreigners allowed to own 49% of commodity exchange

More companies lift foreign ownership limit to 100%

AVG shareholders return $375 million to MobiFone

Lazada closing Hanoi office affects one hundred employees

Foreigners allowed to own 49% of commodity exchange

PV Oil loses appeal to foreign investors?

Power players eye renewable energy

Cocobay added to Danang DoC’s black list

Ministry proposes cut in corporate tax, but hikes for other taxes

Finance Ministry to reduce, simplify 193 business conditions

Vietnam’s central bank tops admin reform index: government report

 

2 May 2018

Exclusive: RE Lee Capital to raise $100m for emerging tech funds

Vietnam first joins World Free Zones Organization’s annual event

BUSINESS IN BRIEF 2/5

Bottom-fishing expected to lift up market

Draft of amended Law on Education raises concerns

Motorbike labelling debated

For every two new enterprises, there is one quitting

University accreditation: ‘a game of the rich’?

 

1 May 2018

Vietnam’s largest casino to open gates next year

 
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