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Vietnam’s largest state-owned shipping firm and port operator is planning to launch an initial public offering in the middle of this year, according to the acting CEO of Vinalines, Nguyen Canh Tinh.

The Customs Department of Ho Chi Minh City held a conference on January 31 to honor 200 outstanding enterprises which had contributed much to the sector’s budget in 2017.

(VEN) - The Microchip Technology Vietnam University Scholarship Program Award Ceremony was successfully held in Ho Chi Minh City, Vietnam, providing scholarships and resources to five leading universities across the country. Microchip Technology Inc. (NASDAQ: MCHP) awarded a total of 11 scholarships, 200 development tools and 500 books to academic institutions, benefitting nearly 2,000 students.

Dairy giant Vinamilk will continue to expand operations abroad, especially in emerging market like Laos and Myanmar, this year.

The joint venture between the country’s leading retailer Saigon Co.op and Singapore’s NTUC FairPrice has opened its third hypermarket in the country in Ho Chi Minh City’s District 10.

(VEN) - Standard Chartered Bank Vietnam has recently been recognized by the Vietnam Securities Depository (VSD) as one of its top ten outstanding members by Assets under Custody in 2017. The award honours outstanding members who have contributed positively to custody, clearing and settlement of securities transactions in the market.

The list of top 500 largest Vietnamese enterprises (VNR500) was announced in Hanoi on January 19, with the number of private companies in the list rising by 2.5 times in 2017 since the rankings were first made 10 years ago.

The Mitsubishi Motors Corporation (MMC) has signed a Memorandum of Understanding (MoU) with the Industry Agency under the Ministry of Industry and Trade to conduct a joint research for electric vehicles development in the Southeast Asian country.

First Solar, a global manufacturer of thin-film modules, has said it will increase the total number of employees in Vietnam to over 950 after recently announcing plans to open its second factory in the country in the Dong Nam Industrial Park in HCM City.

GS Retail Co., a major convenience store chain operator in the Republic of Korea (RoK), said on January 17 that it will open its first two foreign branches in Vietnam. 

(VEN) - Keeping abreast of the country’s renewal over the past three decades, Long An has grown from an underdeveloped province to a top foreign direct investment (FDI) attractor in the Mekong Delta, which is home to many large industrial parks (IPs). Long Hau industrial and urban zone has become one of the reliable, attractive destinations for investors in the province. 

Deputy Prime Minister Vuong Dinh Hue has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem).

The Hoa Binh Construction Group JSC (HBC) recently said that it signed a cooperation deal with the United Guft Construction Company (UGCC) of Kuwait on a construction component of a Kuwaiti government refinery project.

(VEN) - Bosch, the leading global supplier of technology and services and Ricons, a member of Coteccons Group signed a Memorandum of Understanding (MoU) for a comprehensive cooperation in the fields of construction and real estate development on January 9.

(VEN) - With the support of the local government, Kyodo Sojitz is strengthening its position as a leading feed manufacturer in Vietnam, with quality products, modern technology and competitive prices. Vietnam Economic News’ Minh Duc talked with Takanobu Hama, General Director of the Kyodo Sojitz Feed Co., Ltd.

(VEN) - The number of Vietnamese suppliers of Samsung Electronics Vietnam and Samsung Electronics Vietnam Thai Nguyen (SEV/SEVT) has grown from four companies in 2014 to 29 tier-1 vendors and nearly 200 tier-2 vendors in 2017. SEV/SEVT expects to have 50 tier-1 vendors by 2020.

(VEN) - The Truong Hai Auto Corporation (THACO) opened a Kia showroom and service workshop on Pham Van Dong Road, Hanoi in December 2016. With its specific advantages, Kia Pham Van Dong has become a familiar address to customers who love Kia-branded products and services.

(VEN) - DHL Express, the world’s leading international express services provider, announced the opening of its new DHL Service Center at No. 169/66, 30 Thang 4 Street, Thu Dau Mot City, Binh Duong Province.

(VEN) - Kanaan is a leading backpack and handbag manufacturer in the Republic of Korea. With more than 30 years of experience, the company has exported its products to the US and various European and Asian countries. 

Ten outstanding young entrepreneurs who attained achievements in business and economy-building were honored with the the Red Star Awards 2017 at a ceremony held in Hanoi on December 28.

(VEN) - By enhancing innovative solutions and improving the sale methods, the Sheng Long Bio-tech International Co. Ltd. has achieved a breakthrough in the Vietnamese food industry when it ranked third among top food producers. 

(VEN) - With a favorable location, adequate infrastructure and preferential policies, the Phuc Long Industrial Park (IP) is one of the leading investment attractors among Long An Province’s IPs. 

(VEN) - Emirates is encouraging travellers to ask “Where Next” in 2018 with a wide range of special offers to destinations across its global network.

The Airports Corporation of Vietnam (ACV) held a ceremony in Noi Bai international airport in Hanoi, on December 27, to welcome its 94 millionth passenger aboard the 800,000th flight operated by the Vietnam Air Traffic Management Corporation (VATM) in 2017.

(VEN) - Deustches Haus HCMC has won the "Best Office & Business Development in Asia" prize at the MIPIM Asia Awards 2017.

Fourteen outstanding business leaders from Vietnam were honored as winners of the prestigious Asia Pacific Entrepreneurship Awards 2017 (APEA) at a ceremony in HCM City on December 19, the first time it was held in the country.

FrieslandCampina Vietnam has been ranked among the 100 most sustainable businesses of 2017 for its contributions to the sustainable development of the country.

Vicostone, one of the top four quartz-based engineered stone producers in the world, was honoured with the Labor Order First Class on its 15th anniversary at a ceremony held in Ha Noi last week.