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Natural cosmetics are vitalised
The growing appetite of consumers for natural cosmetics has fuelled the billion-dollar domestic cosmetics market, which has recently seen increasing presence by local players.
A new route for ANZ as FDI growth hits records
Surfing the first wave of FDI inflows in the early 1990s never seemed enough for ANZ Vietnam. The lender has now chosen to focus all its resources on institutional banking, to continue catering to its clients and leveraging the opportunities arising from the current FDI growth in the country.
Traditional Lunar New Year shopping in Southeast Asia moves online
Criteo, a leader in commerce marketing, has just released seasonal data from 2017 in anticipation of the Lunar New Year to help retailers better engage shoppers during the festive season.
Co-operative partnerships a key to 2018 real estate market
In the midst of a competitive real estate market, developers are looking for equally competitive solutions as well as partnerships to bring exclusive values to customers.
Sabeco reports massive revenue and profit in fourth quarter of 2017
Saigon Beer, Alcohol and Beverage Corporation (Sabeco) reported a net revenue of VND10.4 trillion ($442.1 million) and after-tax profit of VND1.37 trillion ($60.3 million) in the fourth quarter of 2017, signifying increases of 17 and 29 per cent, respectively, according to statistics published by Sabeco.
Mekong Enterprise Fund II completes final divestment of MWG
Mekong Capital has announced that Mekong Enterprise Fund II (MEF II) completed the divestment from Mobile World Investment JSC (HoSE: MWG) for a 57x cumulative return on investment.
PV Oil collects US$190 million from IPO
PetroVietnam Oil Corporation (PV Oil) succeeded in conducting its initial public offering (IPO) by selling all 207 million shares offered, equalling 20 per cent of its charter capital. The average share price was VND20,196 ($0.89), fetching VND4.16 trillion ($184.9 million) in proceeds for the company.
Digiworld bets big on consumer goods and healthcare
Electronics retailer Digiworld maps out its road to conquer Vietnam’s consumer goods market this year.
Sustainability, essential key for business growth
At a recent awards ceremony in Hanoi, HEINEKEN Vietnam was named the most sustainable company in the country by the Vietnam Chamber of Commerce.
Thousands of investors line up for PV Power and EVN Genco 3
The two heavyweight power producers, Power Generation Corporation 3 (EVN Genco 3) and PV Power, have been luring in investors for their IPOs, with the registered share volume exceeding the shares on offer.