GE Healthcare on a mission to innovate Vietnam’s healthcare 08:00 | 18/12/2017 On the occasion of signing a memorandum of understanding with Vietnam’s privately-run Vinmec Healthcare System, Terri Bresenham, president and CEO ... Making local healthcare ‘future-ready’ 08:00 | 18/12/2017 US’ GE Healthcare has joined forces with Vinmec Healthcare system under Vingroup to advance Vietnam’s healthcare standards. Van Mai reports. GE Healthcare becomes strategic partner of Vinmec 10:08 | 13/12/2017 GE Healthcare, the medical arm of General Electric, yesterday signed a memorandum of understanding with Vinmec Healthcare System, fostering science ... GE to drive wave of solar investment in Vietnam 1 … [Read more...] about Corporate News, Latest Business
Corporate news
VN index boosted by positive corporate news
VN index boosted by positive corporate news (17-10-2005) HCM CITY — An announcement regarding the increase in foreign ownership limit in stocks and some positive corporate news pushed the VN Index to a four-year high last Friday. It closed at 304.1, gaining 12.8 points during the week. The last time the index reached the figure was on August 17, 2001, when it closed at 321.83. While the State Securities Commission's recent announcement that foreign investors can hereafter hold up to 49 per cent of a listed company - up from the present 30 per cent - seemed to have been discounted by the market already, an announcement last week that the new limit would take effect on October 24 seemed to provide a fresh boost. The market had jumped by over 13 points on September 30. The news first broke on September 29. Other positive news coming from the market included REE's announcement last Wednesday about the completion of a private placement worth VND160 billion (US$10 million) to fund a … [Read more...] about VN index boosted by positive corporate news
Good news for FDI fortunes
VietNamNet Bridge - Foreign direct investment disbursement is expected to rise sharply this year as many foreign investors push big projects in Vietnam. Chu Chun Fan, a representative of Formosa Ha Tinh Steel Corporation, said the firm in March would start dredging an access channel to the port site and leveling the ground surface. … [Read more...] about Good news for FDI fortunes
Project to repair Long Bien – good news for people, headache for executors
Long Bien bridge After a long time of being on the shelf, the project to repair Long Bien bridge was recently renewed in line with Official Document 375 TB-BGTVT signed by Deputy Minister Nguyen Hong Truong. The Ministry of Transport instructed its subordinates to keep on the project and said this project was independent of another “Long Bien” bridge project approved by the Prime Minister. The Consultancy and Design Corporation under the Ministry has been assigned to complete the details of the project and the Railway General Department will hand in the profile for approval by September 15, 2007. The project to restore Long Bien bridge, which was built from 1898 to 1902, has been hailed by people. According to the project, the 1,600m-long bridge will be comprehensively repaired and extended, serving modern traffic, including trains, buses, private means and walkers as well. However, some experts express concern that the bridge is too old to be reconstructed. Its steel … [Read more...] about Project to repair Long Bien – good news for people, headache for executors
VN-Index perks up on news of US Fed rate cut
The fluctuating VN-Index on Dec. 17 poked its head back up above 300, gaining a modest 4.60 points, or 1.55 percent, to close at 301.02. Strong performance by blue chips like PetroVietnam Finance (PVF), Sai Gon Securities Inc (SSI), and FPT helped spur gains on the day, which saw 89 codes advance and 54 decline. Total trade volume on the day neared a substantial 15.1 million, shares worth almost 365 billion VND (21.7 million USD). Trading was particularly active in Sacombank (STB), which saw a volume of 3.11 million shares, as the International Finance Corporation on Dec. 17 began its promised sell-off of 16 million shares. Foreign investors were particularly active, although, with 5.64 million shares bought and 5.77 million sold, their net impact was negligible. Nguyen Hong Quan, acting director of An Binh Securities, suggested investors keep an eye on the initial public offering of VietinBank next week to gauge the psychology of the market for the remainder of the year. In Hanoi … [Read more...] about VN-Index perks up on news of US Fed rate cut