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Vietcombank to cut stake in Eximbank

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Viet Nam Export-Import Joint Stock Commercial Bank (Eximbank).

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Viet Nam Export-Import Joint Stock Commercial Bank (Eximbank). Vietcombank plans to sell the shares at nearly VND14,500 (US$0.64) per share and expects it would receive at …

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Expansion plan for Vietnam’s largest airport gets tweaked

A view of Tan Son Nhat International Airport in Ho Chi Minh City

The Ministry of Transport has approved amendments to the expansion plan for HCMC’s Tan Son Nhat Airport. The plan, which lists targets until 2020 with orientation towards 2030, includes the addition of a third terminal and a 250 hectare expansion of the airport’s area. Specifically, the airport’s total area will be …

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New wave of technology firms and co-working operators start

Vietnam has been seeing a new wave of technology firms and co-working operators, creating new opportunities for the real estate industry. There is no better place to witness the growing demand from technology firms and co-working operators than Vietnam, according to Stephen Wyatt, country head of JLL Vietnam. “The country …

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Telecom, retail sectors face far-reaching digital transformation

Representatives at the conference on digital transformation held in HCMC on September 20

Several sectors, including telecommunications, retail and financial-banking, have been greatly affected by digital transformation, according to a technology conference held in HCMC on September 20. Speaking at the conference on digital transformation in Vietnam in the Industry 4.0 era, Dao Trung Thanh, chief technology officer at Media Ventures Vietnam Group, …

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Consumer finance growth cooling down to mitigate risks

FE Credit is one of the leading players in the consumer finance market

Local consumer finance firms have been slowing down development through tightening internal management processes and customer selection, aiming for a more sustainable growth path. Since the beginning of 2018, SHB Finance and Tin Viet Finance (the successor of Cement Finance JSC) have joined the market, while a slew of foreign …

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Tran Anh officially delists from Hanoi Stock Exchange

Nearly 25 million TAG stocks worth VND250 billion ($11 million) on September 17 were officially delisted on the HNX

Merging with Tran Anh (code: TAG) may have been a big mistake by technology retail giant Mobile World, as the Hanoi Stock Exchange (HNX) has just announced approving its decision to delist from the stock exchange due to its negative performance. Accordingly, nearly 25 million TAG stocks worth VND250 billion …

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