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
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
10 May 2018
Net sells by foreign investors not a worry: analysts
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
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
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
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
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
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
Bottom-fishing expected to lift up market
Draft of amended Law on Education raises concerns
For every two new enterprises, there is one quitting
University accreditation: ‘a game of the rich’?
1 May 2018
