Dragon Capital raises stake in Gelex
HCMC – Fund management firm Dragon Capital has bought two million GEX shares from Gelex Group Joint Stock Company (GEX) on the Hochiminh Stock Exchange, raising its stake in the company from 4.86% to ...
Foxconn invests US$250 million in two factories in Quang Ninh
HCMC – Foxconn Singapore has received investment registration certificates to develop two factories in Quang Ninh Province with a total investment of nearly US$250 million. The factories, named FECV F...
Thirteen renewable projects involved in commercial generation of electricity
HCMC – Renewable energy projects in the transitional phase have generated a total of 68.6 million kWh since their commercial operation began, with average daily output of 3.2 million kWh, according to...
First-half public investment disbursement stagnant
HCMC – Half of the year has passed, yet ministries and other central agencies have disbursed just over a quarter of the full-year public investment plan, according to the Department of Debt Management...
Three key factors enhancing VAS students’ study abroad applications
Students of Vietnam Australia International School (VAS) as of this month, June 2023, have received nearly 70 scholarships to study at top universities worldwide, including in the UK, the U.S., Austra...
Vietnam’s GDP growth in H1 remains low
HCMC – Vietnam’s gross domestic product (GDP) growth in the first half of this year stood at 3.72%, which is relatively low compared to the average GDP growth rate in the past decade. The growth rate ...
Eximbank has new chair
HCMC – Vietnam Export Import Commercial Joint Stock Bank (Eximbank), whose EIB shares are traded on the Hochiminh Stock Exchange (HOSE), has elected Do Ha Phuong as board chairwoman, replacing Luong T...
Work commences on Binh Duong section of Beltway 3
HCMC – Work commenced this morning, June 29, on a 26.6-km section of Beltway No. 3 passing through Binh Duong Province, with a total investment of VND19,280 billion. This section follows the recent ex...
Haiphong seeks foreign investment for 137 projects
HCMC – The government of Haiphong City has recently approved a list of 137 projects to call for foreign investment in the 2023-2025 period. The list includes over 50 industrial development projects, p...
LG Innotek invests extra US$1 billion in Haiphong
HCMC – LG Innotek, a producer of core components for mobile devices, automotive displays, and semiconductors, has received approval to invest an additional US$1 billion in its project in Haiphong City...