F&N is among the top three soft drinks players in its home country, Singapore, as well as in Thailand and Malaysia, according to Euromonitor International. However, it isn’t ranked among the top five in Vietnam, Indonesia, and the Philippines, where the company is looking to grow. … [Read more...] about Fraser & Neave Ltd eyes Vinamilk
Vinamilk
Vinamilk donates US$430,000 to COVID-19 fight
Thousands of samples have been tested in Vietnam for SARS-CoV-2 that causes COVID-19. However, tens of thousands of people, including foreigners, have remained in quarantine at residential areas and concentrated centres. The quick and accurate testing can help limit risks of spreading the disease among the community, while providing timely and effective treatment for COVID-19 patients. With the donation, Vinamilk hopes to attract more donors to the fight against the epidemic, said Mai Kieu Lien, Vinamilk General Director. Vietnam has confirmed 61 COVID-19 cases so far, 16 of them have been discharged from hospital after their complete recovery. … [Read more...] about Vinamilk donates US$430,000 to COVID-19 fight
SCIC to collect $939.52 million by selling capital at 108 enterprises
Particularly, in the period from 2017 to the end of May 2019, SCIC divested from 51 enterprises (including Vinamilk and Binh Minh Plastics). 47 enterprises it fully divested, reduced ownership in four businesses, and sold the right to buy shares in two other enterprises. … [Read more...] about SCIC to collect $939.52 million by selling capital at 108 enterprises
Shares rise up thanks to the gains of large-cap stocks
After the first few minutes of decline, investors' sentiment gradually stabilised and bottom-fishing demand appeared in many large-cap stocks. Blue-chips like Vietinbank (CTG), Hậu Giang Pharmaceutical Joint Stock Company (DHG), PetroVietnam Gas JSC (GAS), Masan Group (MSN), Vietcombank (VCB), Vingroup (VIC), Vinamilk (VNM) and PVPower (POW) all gained and helped indices go up. … [Read more...] about Shares rise up thanks to the gains of large-cap stocks
List of Vietnam’s most profitable banks in 2019 unveiled
Hanoi (VNA) – Among the 10 most profitable firms in the banking – financial – securities sector in 2019, banks continue to be the focus of attention while the “trillions-of-VND” club has seen changes. The Vietnam Report JSC and online newspaper VietNamNet recently held a ceremony to announce the Profit500 2019 list, which names the most profitable businesses of the country this year. The Vietnam Oil and Gas Group (PetroVietnam) tops the rankings. This is the second year that the group has taken the leading position among the top 500 enterprises. Others in the top 10 include Samsung Electronics Vietnam Thai Nguyen Co. Ltd, Viettel Military Industry and Telecoms Group, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Honda Vietnam, PetroVietnam Gas Corporation, VinGroup, Vietnam Dairy Products JSC (Vinamilk), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), and Hoa Phat Group. Among the 10 most profitable firms … [Read more...] about List of Vietnam’s most profitable banks in 2019 unveiled
