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CJ CGV Vietnam reports stellar 2017 performance
The Republic of Korea's conglomerate CJ's CJ CGV Vietnam, the leading film distributor and movie theatre operator in Vietnam, reported VND2.8 trillion ($122.7 million) in revenue in 2017 with a market share of 47 per cent, running laps around competitors.
Foreign investors flock to Lien Chieu deep seaport
Although the construction of Lien Chieu port in Danang city has just been appraised, domestic and foreign investors are already interested in the project.
PSTC and Gelex to kick off $54-million solar farm this month
Power Solution Technologies Public Company Limited (PSTC) from Thailand and Vietnam Electrical Equipment JSC (Gelex) have accelerated procedures to kick off the construction of Gelex solar farm located in the central province of Ninh Thuan this month.
Controversial moves on ride-hailing market
After Uber sold its Southeast Asian operations to Grab, the ride-hailing market is seeing an interesting phenomenon: insiders want out, while outsiders want in.
Jardine Mattheson takes seat on Vinamilk management board
Hong Kong-based Jardine Mattheson Group has secured one seat on the management board of Vinamilk, half a year after it bought a 10 per cent of the stakes at Vietnam’s leading dairy firm.
New barrier to weigh on car imports
After the Ministry of Transport’s approval of the vehicle type approval (VTA) certification issued by the Thai and Indonesian governments, a new barrier is being formed to tighten the flow of car imports from ASEAN countries.
CapitaLand’s inspiring success story in the Vietnamese property sector
One year after winning the coveted title of Best Developer (Vietnam) at the PropertyGuru Vietnam Property Awards, including 10 golden trophies and commendations, CapitaLand Vietnam has witnessed a significant transformation in their business.
ThaiBev should wait for Sabeco's extraordinary meeting, says MoIT
The Ministry of Industry and Trade said that the April 23 annual general meeting (AGM) will have the final say on who can manage Sabeco, in response to ThaiBev’s earlier complaint about not having any control at Vietnam's top brewery.
Lach Huyen sails ahead with PPP port milestone
In what is anticipated to be the first public-private partnership port project in Vietnam, the first two foreign-invested terminals at Lach Huyen International Gateway Port will become operational next month, making conditions for seaborne transportation between northern Vietnam and neighbouring countries more favourable.
Korean GS25 heating up Vietnam's franchising scene
Over the last 15 months, myriad foreign businesses, including South Korea-based GS25 and Japanese-owned 7-Eleven, came to the Vietnamese convenience retail market through franchising deals.