The Business Times: Foreign retailers flock to HCM City

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• Foreign retailers flock to HCM City
• Vietnam Airlines wants to retain $148 million from IPO
• Private equity draws investors to Viet Nam
• July 14: Vietnam Stocks Rise In Late Trading on Blue Chips Support, Liquidity Falls
• SSC approves merger of two securities companies
• Da Nang Airport Service to list on Ha Noi Exchange
• Most Banks Have Roadmap To Be Listed in 2015
• GSO: GDP figures accurate
• Vietnam anticipates US$500 mln trade surplus in 2014
• HCM City revokes licenses of over 500 long-delayed realty projects

Foreign retailers flock to HCM City Posted: 14 Jul 2014 08:33 PM PDT Many well-known retailers are setting up shop in HCM City, turning it into a drink, fast food and fashion hub in the region. The Singaporean Mapletree group made its presence before the public in early July when it introduced its Vietnamese partner, a first step in its plan to open its store in 2015. Vietsin, […] The post Foreign retailers flock to HCM City appeared first on Vietnam Business News.

Vietnam Airlines wants to retain $148 million from IPO Posted: 14 Jul 2014 07:13 PM PDT National carrier Vietnam Airlines has sought government approval to retain VND3.2 trillion (US$148 million) from its initial public offering (IPO) this September, to buy more aircrafts. This amount represents 25 percent of the capital surplus, news website Saigon Times quoted Deputy Minister of Transport Nguyen Hong Truong as saying on July 9. The remaining 75 […] The post Vietnam Airlines wants to retain $148 million from IPO appeared first on Vietnam Business News.

Private equity draws investors to Viet Nam Posted: 14 Jul 2014 07:09 PM PDT Viet Nam remains an attractive destination for private-equity investors, many of whom plan to increase their investment in the country, according to Grant Thornton Vietnam…. Speaking at a seminar in HCM City on Wednesday, Kenneth Atkinson, executive chairman of the auditing and consulting firm, said in his company”s bi-annual report on investment sentiment in private-equity […] The post Private equity draws investors to Viet Nam appeared first on Vietnam Business News.

July 14: Vietnam Stocks Rise In Late Trading on Blue Chips Support, Liquidity Falls Posted: 14 Jul 2014 07:09 PM PDT Vietnamese stocks rose in late trading today on falling liquidity, blue chips rally supported with a hope of new upswing after correction. The benchmark VN Index added 3.46 points or 0.59% to 586.23. Volume fell 13% to 68 million shares worth of VND1.205 trillion. Put-through trading contributed 6.7 million shares worth of VND91.4 billion. We […] The post July 14: Vietnam Stocks Rise In Late Trading on Blue Chips Support, Liquidity Falls appeared first on Vietnam Business News.

SSC approves merger of two securities companies Posted: 14 Jul 2014 07:08 PM PDT The State Securities Commission on Thursday approved the merger of Viet Nam International Securities (VISE) and the Dai Tay Duong Securities Joint Stock Company (OSC). The merger is part of the efforts to restructure securities companies and will be implemented with the swap ratio of 4:1 for VISE and 13.5:1 for OSC, and must ensure […] The post SSC approves merger of two securities companies appeared first on Vietnam Business News.

Da Nang Airport Service to list on Ha Noi Exchange Posted: 14 Jul 2014 07:06 PM PDT The Da Nang Airport Service Joint Stock Company (Masco) will list more than 3 million of its shares under the code MAS at the Ha Noi Stock Exchange this year. This was reported by the Investment Newspaper. In the first quarter of this year, Masco earned VND58 billion, or US$2.76 million, in revenue and after-tax […] The post Da Nang Airport Service to list on Ha Noi Exchange appeared first on Vietnam Business News.

Most Banks Have Roadmap To Be Listed in 2015 Posted: 14 Jul 2014 07:04 PM PDT Most of Vietnam’s commercial banks are preparing roadmaps to listed their shares on the stock market in 2015, according to Deputy General Director of Ho Chi Minh City Stock Exchange (HOSE) Tran Anh Dao, local Saigon Economic Times reported. There are over 20 joint stock commercial banks in Vietnam; all have become public companies (with […] The post Most Banks Have Roadmap To Be Listed in 2015 appeared first on Vietnam Business News.

GSO: GDP figures accurate Posted: 14 Jul 2014 07:00 PM PDT Viet Nam’s published GDP is completely reliable, director general of the General Statistics Office Nguyen Bich Lam told Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) Why was the GDP for the first quarter of 2014 that your department just released (5.09 per cent) higher than the previously released figure of 4.96 per […] The post GSO: GDP figures accurate appeared first on Vietnam Business News.

Vietnam anticipates US$500 mln trade surplus in 2014 Posted: 14 Jul 2014 06:50 PM PDT The trade sector has worked out a number of solutions aiming to boost exports and produce a trade surplus of US$500 million by the end of the year, the Ministry of Industry and Trade (MoIT) reports. The country expects to rake in US$146 billion from exports this year, an annual rise of 10.6%. Its imports […] The post Vietnam anticipates US$500 mln trade surplus in 2014 appeared first on Vietnam Business News.

HCM City revokes licenses of over 500 long-delayed realty projects Posted: 14 Jul 2014 06:46 PM PDT The HCMC government has withdrawn the licenses and 'in principal' approvals of 536 long-delayed real estate projects occupying a combined area of more than 5,390 hectares since Resolution No.16/2012/NQ of the HCMC People's Council took effect two years ago. HCMC vice chairman Nguyen Huu Tin clarified that those urban development projects have had licenses revoked […] The post HCM City revokes licenses of over 500 long-delayed realty projects appeared first on Vietnam Business News.

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