Monday , November 25 2024

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Leading seafood firm to issue 1:1 bonus

Leading seafood firm to issue 1:1 bonus

Major listed seafood exporter Minh Phu Seafood JSC is set to issue bonus shares at a ratio of 1:1. It is expected to be done this year by capitalizing reserves, and will double the company’s charter capital to VND4 trillion (US$170.9 million). Minh Phu also plans to pay a cash …

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Vietnam district shaken 12 times in hours

Kon Plong District in the Central Highlands province of Kon Tum experienced 12 earthquakes of 2.5-4.7 in magnitude from Tuesday afternoon to early Wednesday. The first, at 2:08 p.m. on Tuesday, had a magnitude of 4.7 on the Richter scale, making it the strongest earthquake to ever hit Kon Tum, …

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Lotte to focus on Vietnam expansion

Lotte to focus on Vietnam expansion

South Korea’s fifth largest conglomerate Lotte Group is picking up the pace of expansion in Vietnam’s retail and F&B industries as it pulls out of China. Its chairman, Shin Dong-bin, recently released from jail, is set to visit Vietnam for his first overseas business trip after receiving a presidential pardon …

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