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Hoa Sen Holdings has sold its 3.6 percent stake in subsidiary Hoa Sen Group, one of Vietnam’s largest steelmakers. At VND14,100 a share, the sale Friday afternoon fetched VND250 billion (US$10.76 million). Hoa Sen Holdings is founded and owned by Le Phuoc Vu, who is also chairman of Hoa Sen …

The northern region including Hanoi will experience hot weather until Wednesday under the impact of a low-pressure area, with temperatures rising above 37 degrees Celsius. The low pressure formed in the west and is expanding eastward, and northern Vietnam will be enveloped by a heat wave from Monday, the National …

  Vietnamese e-commerce enabler OnPoint has closed US$50 million in series B funding from SeaTown Private Capital Master Fund. — VNS Photo HCM CITY — OnPoint, an e-commerce enabler in Việt Nam, has successfully raised US$50 million in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect …