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Tag Archives: Vietnam&#039s

Vietnam's meat producer Vissan raises over $40 million in IPO

State-controlled meat processor Vissan raised nearly VND907 billion (US$ 40.1 million) after selling a 14 percent stake at its initial public offering on Monday, local media has reported. The company sold its shares for VND102,000-67,000 ($ 4.5-2.9) each, compared to the starting price of VND17,000 a share. Foreign investors bought ...

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Vietnam's state revenue hit by oil slump

Vietnam’s state revenue grew 2.4 percent to VND160.1 trillion (US$ 7.08 billion) in the first two months compared to the same period last year, the Ministry of Finance said on Thursday. That is significantly lower than the 17.3 percent increase this time last year.  Earnings from crude oil, one of the ...

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Vietnam's VietJet signs $3.04 bn deal with Pratt & Whitney

Vietnamese budget carrier VietJet Air said Thursday it had signed a $ 3.04 billion deal with US engine maker Pratt & Whitney, underscoring the growth potential of Southeast Asia’s low-cost airline market. The engines will power the 63 Airbus A320neo and A321neo aircraft ordered by the carrier, VietJet said in ...

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Vietnam's auto market forecast to see another good year

After posting a record growth of 55 percent last year, Vietnam’s automobile sales will continue to grow strong this year, albeit at a lower rate, news website VnMedia reported on Tuesday, citing local businesses. Executives of major producers and importers such as Ford Vietnam, GM Vietnam and Truong Hai Auto ...

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Vietnam's listed companies asked to publish information in English

 A file photo of investors at Hanoi Stock Exchange. Photo: Ngoc Thang Vietnam’s securities regulator has asked listed companies to publish their information in both Vietnamese and English, and in accordance with international norms, saying it is an important step to attract foreign investment. Speaking at a meeting in Ho ...

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