The move is meant to help improve GPBank's operations as well as allow VPBank to expand its business. VPBank may either retain GPBank as a subsidiary, or sell or transfer the bank to a new investor after the mandatory transfer is completed.
The Southern Coastal Economic Zone of Hải Phòng has officially come into being, expected to broaden the development space and growth momentum for the northern port city.
As Tết approaches, real estate companies in Việt Nam are boosting demand with promotions, while preparing for an increased property supply to meet rising demand.
Charoen's journey with Vinamilk began in 2013 when his company, TTC Group, acquired Fraser and Neave, the parent company of F&N Dairy Investment. At that time, F&N Dairy Investment was already a shareholder of Vinamilk.
The report said alongside the positive trends of businesses resuming operations and reduced dissolutions, the number of newly established enterprises dropped slightly by 2.7 per cent to nearly 4,600.
2024 was the sixth consecutive year that Việt Nam recorded growth in rice exports, however this growth is forecast to be difficult to maintain this year.
The Prime Minister requested strengthening solutions to connect supply and demand, boost production and business to meet domestic consumption needs; develop e-commerce and new effective business models; integrate production, distribution, and consumption.
A programme designed to help businesses measure and implement comprehensive environmental, social, and governance (ESG) practices in human resource management to enhance their competitive edge in the global supply chain was launched in HCM City on January 16.
Practical experiences and lessons learnt helping startups to overcome challenges, developing brands and improving competitiveness were shared at the Shark Tank Forum 2025 entitled “Sustainable Growth: Riding the investment wave in the green era”, which was organised in HCM City on Wednesday.
The central city officially opened the newly-built Đà Nẵng Software Park No 2 to provide working space for 6,000 IT engineers and investors in semiconductor and AI industries and micro chip design.
Market breadth remained positive, with 185 rising stocks surpassing 99 decliners. Trading liquidity increased slightly to approximately VNĐ13.3 trillion ($523.3 million), with nearly 520 million shares traded.