Press Review - April 2018

Monday, 02 April 2018 09:34

Press Review - April 2018

30 April 2018

Vincom Retail’s consolidated revenue up by 16%

A cashless economy on the horizon

Techcombank to start trading on HoSE from June 4

Vinhomes seeks up to $1.4b in Vietnam’s biggest equity issue

Vietcombank to offload 10% stake to maximum ten foreign investors

 

27 April 2018

BUSINESS IN BRIEF 27/4

Vietnam's biggest carriers see higher profits, expansion talk

Vietnam rice rates up for fifth week; currency moves weigh on India, Thailand

Three airlines get exemption from import tax

Ministry mulls auto parts tax cut

Import-export firms fear possible rise in terminal handling charge

Chinese firm proposes 100-year house ownership for foreigners

Facebook’s advertising restrictions criticized by local companies

Limit scrapped for foreign ownership in PVFCCo

 

26 April 2018

 

Việt Nam start-ups need more investment

BUSINESS IN BRIEF 26/4

Bamboo Airways to open 40 new routes

Masan Group shareholders approve ambitious sales targets

TAL Group’s $350-million project refused over environmental risks?

Vietnam Dealbook: FPT Retail lists shares on HoSE; Vietjet mulls overseas listing

 

 

25 April 2018

First Logistics Development's port to be unchanged until its licence expires

Finance ministry to dismantle hundreds of tax departments

IFC likely to extend $100m debt to Vietnamese lender TPBank

Exclusive: Japanese PE ACA Investments to raise debut $100m Vietnam-focused fund 

 

24 April 2018

ThaiBev joins Sabeco board after Gov’t steps in

City calls for foreign investors to further contribute to sustainable growth

Samsung Electronics to expand production in Vietnam

Gov’t announces borrowing plans, limits for 2018

Foreign automakers switch to trading as Vietnamese scale up production

 

 

23 April 2018

Vietnam in top three economies with fastest growth in Asia

Globaltrans Air’s general aviation business licence renewed

CPTPP, EVFTA to benefit Vietnamese fishery sector

Cryptocurrency under supervision

VinaCapital’s VOF divests entire stake in VinaSquare for $7.9m

Vietnam: Petrolimex Group unit to merge with HDBank

Vietnam Digest: VIISA to invest in Batch 3 startups; Adventus buys Danang land

How Blockchain is taking hold across Asia Pacific

 

20 April 2018

VN struggles to meet int’l IP rules

BUSINESS IN BRIEF 20/4

Indian investors keen on energy projects in Vietnam

Effective spending required for people’s acceptance of new property tax proposal

Ministries speed up streamlining of regulations

Legislature has yet to weigh property tax

Grab refuses to take on Uber’s tax obligations on the deal

VTV Cab urged to follow consumer rights law

Da Nang leads the way in green energy

Former Lazada Vietnam alumni’s startup Intrepid closes $2m round

Singapore’s Nest Tech invests in Vietnamese startup Edu2Review

 

19 April 2018

Sabeco relents to Thai Beverage pressure for board presence

Three SAEZs need $70 billion for development

E-commerce requires logistics reboot

Techcombank applies for listing in HoSE

Mobile payment market heats up with foreign players

Japan’s Gaiax invests in Gobi-backed crowdsourced tour startup Triip

Alternative real estate sectors luring investors in Asia Pacific

How successful cities are luring real estate investment

 

18 April 2018

BUSINESS IN BRIEF 18/4

Greater focus on cold chain logistics

IMF sees emerging Asia as top global growth engine

Finance Ministry proposes new housing tax

CPTPP: Vietnam to feel pressure on labor quality

Mitsubishi Vietnam to recall 918 vehicles

The ‘grey’ areas of coastal Economic Zones

Vietnam’s IPO frenzy could be getting ahead of itself

Exclusive: Vietnam consumer-focused PE Mekong Capital to raise fund IV next year

Vietcombank earns $7.5m by divesting Orient Commercial Bank stake

Domestic brewers expand operations to fight back foreign competitors

UNIQLO visit may turn fashion retail up-side-down once more

Vietnam Digest: Vinafood 2 to trade on UPCoM; KIDO to buy 51% in Golden Hope

 

17 April 2018

Three SAEZs need $70 billion for development

Bahrain to open trade promotion office in Hanoi, HCM City

1.5 million Vietnamese join middle class each year

MoIT investigates Grab’s Uber buy

Vinhomes attracts US$1.3bn from Singapore fund

Scroll Corporation joins Vietnamese e-commerce through Cat Dong

Lingering problems in valuation of state-owned enterprises

Fintech industry lures big start-up investment

New house tax faces opposition

VN central bank enhances inspections on cryptocurrency transactions

GIC-backed Vinhomes said to target raising $2b via share sale

 

16 April 2018

Shaping the future of Asia with clean energy

Garment firms should meet workers’ needs

Foreign firms have biggest share of online tourism market

Sabeco relents to Thai Beverage pressure for board presence

Vietnam shelves IPO of pay TV player VTVCab after tepid investor response

 

13 April 2018

Nets owner sells 49pc stake to Alibaba co-founder

International know-how to help local fruit exports

VN enjoys $2.7b trade surplus in Q1

Law on urban development is a must

TPBank could issue convertible bonds to foreign investors

Nets owner sells 49pc stake to Alibaba co-founder

Map of technology-driven taxi market likely to be redrawn as Uber pulls out

More ‘golden land plots’ sought by foreign investors

Techcombank launches Vietnam’s biggest IPO, targets to raise $922m

 

12 April 2018

Leading US infrastructure builder Panduit prepares to enter Vietnam

Vietnam’s economy stablises in 2018

AEON MALL Vietnam promises to grow with local communities

Vinaphone targets over US$61m pre-tax profit in 2018

Viglacera plans to reduce State ownership to 36%

Ministry to auction Vietnam Airlines’ share purchase rights

Superdry fires first shot in Vietnamese fast fashion market

Prime Minister signs directive on strengthening management of cryptocurrency

New policies come into effect in Vietnam this month

Vietnamese government raises US$61.5mn from SOE divestment

Singapore’s GIC in talks to be lead anchor investor in Techcombank’s $900m IPO

Real estate M&A in Vietnam hits $200m in the first quarter: JLL

State to transfer right to buy 57.9m shares in Vietnam Airlines

 

11 April 2018

Report reveals problems of Vietnam’s economy despite Q1 strong growth

New technological trends impact online business

Russian firms network in HCMC

Government raises US$61.5mn from SOE divestment

Logistics sector struggling to meet demands of e-commerce

Sabeco asked to pay $111 million to State budget after audit report

Tencent interest to rearrange ride-hailing market?

Renewable energy projects up in 10 months

Vietnam’s e-commerce prospers as growth rate soars

Sterner measures to be imposed on delayed listing

Vynn Capital bullish on early stage bets as growth funding matures in SE Asia

Vietnam calls for tougher measures on cryptocurrency deals amid alleged scam

Việt Nam’s securities market may get ‘emerging status’

 

10 April 2018

BUSINESS IN BRIEF 10/4

$3.5b needed for expansion of Nội Bài airport

Finance Ministry proposes major cuts to business requirements

FPT to focus on digital transformation

Sterling and Wilson plans 300 MW solar projects in Vietnam

Vietnam’s antitrust regulator tells Grab to prove Uber deal will not create monopoly

 

09 April 2018

Logistic firms urged to get technological

Binh Thuan approves Song Luy 1 solar plant

Excess loans to be permitted beginning May 1

Vietnam’s realty major Vingroup forays into pharma sector

Japan’s CyberAgent Ventures backs Vietnam’s Airbnb-like startup Luxstay

 

06 April 2018

Hanoi’s condo market booming

SE Asia Stocks-Most markets subdued in line with broader Asia, Vietnam hits new high

Việt Nam among top 10 countries affected by Cambridge Analytica scandal

 

05 April 2018

Facebook says 87 million may be affected by data breach

Pou Chen and Far Eastern projects at the starting line

US tariffs on China may simply widen door to other countries

 

04 April 2018

VN to cut ASEAN salt, eggs import tariffs

State ownership cut to 51% at Vietnam Airlines

Foreign investors turn to M&A to increase SOE holdings

 

03 April 2018

Intel shares tumble on report Apple making own Mac chips

PM's verdict on Q1 in Vietnam: Record growth, risks remain

Foreign bankers reconsidering local partnerships

US investigates plastic bags imported from Việt Nam

AVG makes partial MobiFone payment after ending agreement

Forgiving tax debts must be done transparently

Ho Chi Minh City to remove ten ports along Saigon River, replaced by high-rise buildings

Vietnam to cut corporate tax to 15-17% in bid to boost business climate

E-commerce platforms line up to fill Facebook’s boots

Foreign OTAs dominate Vietnam’s online travel market

Japan’s Itochu picks 10% more stake in Vietnamese textile group Vinatex

Vietnam’s TPBank expects market cap to soar to $1b after listing

 

02 April 2018

Potential business opportunities for Vietnamese and Korean enterprises

Car imports rise again as firms adjust to rules

Jardine Mattheson takes seat on Vinamilk management board

EC investigates steel imports

Imports, domestically-assembled cars in battle for market share

Banks begin tightening screws on property credit

Philippines: Metro Pacific acquires 49% stake in Vietnam’s Tuan Loc

Vietnam: Local ride-hailing firms gear up to take on stronger, bigger Grab

 

01 April 2018

ThaiBev should wait for Sabeco's extraordinary meeting, says MoIT

 

 
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