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
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
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
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
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
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
$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
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
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