Malaysia’s Parkson is apparently shutting down its fifth mall in Vietnam after suffering serious losses in recent years. Although the company has not made any official announcement, its name-board has been taken down from the Cantavil An Phu builing in Ho Chi Minh City’s District 2.
(VEN) - On August 25th, 2018, PVTrans Oil – a member company of the PetroVietnam Transportation Corporation (PVTrans) handed over the PVT Saturn vessel to customers for long-term shipments of petrol, oil and chemicals on the Singapore – Papua New Guinea - Australia shipping route, a new sea trade route of PVTrans Oil which requires strict management and marine security.
Vingroup’s retail arm, VinCommerce, has completed the acquisition of the Fivimart supermarket system, according to a Vingroup press release published on October 8.
The Institute of Chartered Accountants in England and Wales (ICAEW) recently held a workshop titled “How the Whistleblowing and UK Corporate Governance helps Vietnamese companies” in Ho Chi Minh City and Hanoi in collaboration with the Vietnam Institute of Directors (VIOD) and the British embassy, with the support of State Securities Commission of Vietnam, Hanoi Stock Exchange and HoChiMinh Stock Exchange.
Three Vietnamese firms have made it to Forbes Asia’s 200 Best Under A billion-TOP 200 list in 2018, which highlights the 200 high-performing Asia-Pacific companies with revenue under US$1 billion.
(VEN) - ADEN, a leading Pan-Asian Facility Management Company agreed to acquire the Vietnam subsidiary of international facility management company OCS. This transaction enables OCS to focus on its core markets in accordance with its plan.
The Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex) held a ceremony in Hanoi on September 29 to celebrate its 30th founding anniversary (1988-2018) and receive a Labor Order, third class.
(VEN) - Schneider Electric, leading the Digital Transformation of Energy Management and Automation, will see Vietnam offering great growth opportunities for the company, a senior company official said.
(VEN) - “We have already played an active role in the sustainable industrial development of the country, and this will continue,” says Thibaut Giroux, General Director, Stolz-Miras Vietnam Co., Ltd.
(VEN) - Christophe Guillaume, Neovia Vietnam CEO, says the Vietnamese livestock sector is one of the most developed in the world and the biggest in Southeast Asia. He foresees and appreciates opportunities for further growth in Vietnam, and is directing the company towards sustainable development in the country.
(VEN) - “Servier is marking its 25th anniversary in Vietnam this year. This shows our long-term commitment to the country,” said Mathieu Fitoussi, Servier Vietnam General Director.
(VEN) - The Australian Ambassador to Vietnam, His Excellency Mr. Craig Chittick, recently launched the Vietnam Business Coalition for Women Empowerment (VBCWE), a coalition of large employers committed to ensuring gender equality within their businesses and beyond. The Coalition was formed with the support of Investing in Women, an initiative of the Australian Government.
(VEN) - With three decades of experience in Vietnam, French leader Bolloré Logistics sees political stability and high growth rate offering great potential for investors in the country, Marc Moeschlin, Managing Director, Bolloré Logistics Vietnam Co. Ltd, tells Vietnam Economic News. He also spoke about growth opportunities and the company’s contributions to Vietnamese economy and society.
(VEN) - The new international terminal of Da Nang International Airport has been operated for more than one year, helping prevent overload at the old terminal and serving the growing the number of foreign visitors to Da Nang. Vietnam Economic News’ Ha Huong interviewed Le Khac Hong, General Director of the Da Nang International Terminal Investment and Operation Joint Stock Company (AHT) - the project’s investor.
(VEN) - The Hanoi Ground Services Joint Stock Company (HGS) considers the punctuality of flights and the quality of passenger service as major and decisive factors for its development.
(VEN) - Global design firms VK Architects & Engineers, through its subsidiary VK Asia Pacific, and Archetype Group recently announced the formation of a new joint venture to design, engineer and develop healthcare projects around Asia Pacific.
(VEN) - On September 24, Sun Life Vietnam Insurance Company Limited (“Sun Life Vietnam”) has been named the “Best Life Insurance Solutions Provider – Vietnam 2018” by the International Finance Magazine (IFM).
(VEN) - September 21, DHL Express, the world’s leading international express services provider, announced its annual price increase, effective January 1, 2019. Compared to 2018, in Vietnam the average shipment price increase will be 4.9%.
(VEN) - The Vietnam Airport Ground Services Company Limited (VIAGS) not only contributes to the making of the Vietnam Airlines flights with four-star standard, but also is evaluated and voted by international airlines as one of the few ground service providers that offers the best quality of services in the region. This result has shown its youth strength after nearly three years of restructuring.
(VEN) - In the development of the Vietnamese oil and gas industry, the PetroVietnam Exploration Production Corporation (PVEP) is a key unit of the Vietnam Oil and Gas Group (PetroVietnam) in oil and gas exploration and exploitation.
(VEN) - The Cam Ranh International Terminal Joint Stock Company (CRTC) is the investor of a new international terminal at Cam Ranh International Airport.
For more than two decades Siemens has made significant contributions to Vietnam’s economic development, and we are proud to be a trusted partner and long-time friend of the Vietnamese people.
(VEN) - After nearly two years of operating an airport depot and an underground fuel hydrant system at Tan Son Nhat International Airport, the Tan Son Nhat Petrol Commercial Joint Stock Company (Tapetco) has been providing aircraft fuelling service with unprecedented efficiency and safety level, affirming its leading position in the field of aviation fuel supply in Vietnam.
(VEN) - Emirates today announced its autumn promotion with attractive fares for passengers from Vietnam when travelling to fascinating destinations in Europe and USA. Take advantage of these fares by booking from 17 September till 07 October 2018 for travel period from 22 September 2018 to 31 March 2019.
(VEN) - During its 25 years of becoming the market leader in the aviation fuel market and more than two years since its brand name changed into a strong, professional and internationally recognized brand name, Vietnam Air Petrol Company Limited (Skypec) has continuously expanded its network and refined management in order to improve the quality of services, attract new customers, and affirm its leading position in Vietnam marketplace.
(VEN) - After nearly 10 years of operation, the Vietnam Airlines Engineering Company (VAECO) can fully handle aircraft maintenance and repairing. VAECO General Director Mai Tuan Anh talked about the company in an interview with Vietnam Economic News’ Thu Huong.
Young Vietnamese people show their strong aspiration for self-employing and setting up enterprises amid the fourth industrial revolution (4IR), according to a survey from the World Economic Forum.
(VEN) - The first low-cost carrier in Vietnam, Jetstar Pacific, always wishes to offer customers the best preferences. The firm has made ceaseless efforts to improve service quality to win customer trust and promote its reputation in the domestic and regional air transport markets.
(VEN) - Generali Vietnam Life Insurance LLC (Generali Vietnam) has officially launched a new cancer insurance product called “VITA - La Chan Vang” (VITA - Golden Shield) which helps customers with peace of mind of being protected against all types of cancer. One unique and outstanding benefit of this product is that customers could get 100% paid premium refunded if there has been no claim for cancer benefit at maturity.
Japanese casual clothing retailer UNIQLO unveiled its plans to open its first store in Vietnam during the fall of 2019, marking its further expansion in Southeast Asia.
Tin Khu Vực 
