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Petrolimex pushes for PGBank-HDBank merger before Aug 31

Nhu Phu -
HCMC – Petrolimex, which holds a 40% stake in the Petrolimex Group Commercial Bank (PGBank), sought to complete the merger between PGBank and the...
Corporate

Vietnam Airlines to launch five new domestic air routes

Nhu Phu -
HCMC – National flag carrier Vietnam Airlines will introduce five more domestic air routes—Danang-Phu Quoc/Thanh Hoa, Dalat-Hue/Thanh Hoa and Can Tho-Dalat—in July aimed at...
Corporate

Vingroup breaks ground on US$1 billion theme park

Hong Ngan -
HCMC – Vietnam's private conglomerate Vingroup has begun construction on the VinWonders theme park on Vu Yen island off the northern city of Haiphong...
Corporate

Vietjet to establish e-wallet business

Hong Ngan -
HCMC – The board of local low-cost carrier Vietjet has approved the establishment of an e-wallet subsidiary with a charter capital of VND50 billion,...
Corporate

Masan seeks to buy out Vinacafe Bien Hoa

Hong Ngan -
HCMC – Masan Consumer is seeking to buy the remaining 1.51% stake in Vinacafe Bien Hoa to raise its ownership in the coffee processor...
Corporate

Jetstar Pacific to rebrand as Pacific Airlines

Hong Ngan -
HCMC – Local budget carrier Jetstar Pacific will conduct essential procedures to rebrand itself as Pacific Airlines to enhance its business performance and achieve...
Corporate

VinFast opens office in Australia

Hong Ngan -
HCMC – Vietnamese carmaker VinFast has entered the Australian market by opening a research and development center in Melbourne on June 11 as part...
Corporate

VNA set to resume int’l flight services next month

Hong Ngan -
HCMC – National flag carrier Vietnam Airlines (VNA) has announced that it will reopen air services on international routes linking Vietnam with destinations in...
Corporate

Masan subsidiary acquires H.C. Starck’s tungsten business

Hong Ngan -
HCMC – Masan Tungsten Co., Ltd, a wholly-owned subsidiary of Masan Resources Corporation (MSR), announced that it has completed the purchase of Germany-based H.C....
Corporate

Bkav to launch low-cost cell phones

Nhu Phu -
HANOI – Local Internet security firm Bkav on June 10 announced its plan to manufacture low-cost mobile phones priced at less than VND1 million. The...
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