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
Market rallies on good corporate, global news
Market rallies on good corporate, global news (14-09-2009) HA NOI — Favourable corporate news helped domestic stock indices advance last week, despite mixed trading on both the Ha Noi and HCM City bourses. On the HCM City Stock Exchange, the VN-Index increased 19.5 points ovearall last week to close at 547.99, a rise of 3.69 per cent over the previous Friday's close. Trading volumes averaged 55.3 million shares per day, down 23 per cent from the previous week's average, while the average daily turnover was VND2.4 trillion (US$134.8 million), a decline of 17 per cent. On the Ha Noi Stock Exchange, the HNX-Index also ended 1.35 per cent higher at 169.18, a slight increase of 2.26 points. Average trading value reached VND972 billion ($54.6 million), off 26 per cent from the previous week's average, as daily volumes averaged 28 million shares, a drop of 25 per cent. Newly-listed shares from Viet Nam Real Estate (VNI), Hoang Long Group (HLG) and Van Phat Hung Co (VPH) all saw … [Read more...] about Market rallies on good corporate, global news
Social News 21/2
Sand-filled estuary blocks fishing boats Fishermen in Phu Yen Province have been blocked from going out to sea for their first off-shore fishing trip of the Lunar New Year due to low tides and a high sand bar. In the months leading up to Tet (Lunar New Year), Tuy Hoa Fishing Port and Da Dien Estuary in Phu Yen's Tuy Hoa City often fill up each year with hundreds of tonnes of sand caused by floods and bad weather. To prevent them from being stranded, many fishing boats have to anchor at the upper source of Da Rang River and other ports in nearby provinces. Phan Thuan, chairman of the Fishing Association in Tuy Hoa city's Ward 6, said that more than 200 fishing boats anchored at Tuy Hoa Port were waiting for the sand to be removed, but local authorities had yet to comment on the matter. Fishermen had to wait until 1pm every day when the tide was high enough before they set off. "It is extremely miserable," he said. Only a few boats managed to get out of the port for the first … [Read more...] about Social News 21/2
Social News 11/2
BOT National Road 6 case: Warning over contractors’ weak capacityThe investors’ failure to acquire enough capital for construction works on a critical highway connecting Hà Nội and northern localities has threatened to derail the project, once again calling into question the viability of the Build-Operate-Transfer (BOT) model.With increasing demands for socio-economic infrastructure investment, the Government’s constrained budget requires partnerships with private investors.However, in the face of the investor’s violations, on January 31, transport minister Nguyễn Văn Thể issued an ultimatum that the investor must fulfill the contract signed with the ministry, or the contract would be terminated within 10 days.The ministry’s hard-line move is considered too little too late as the project is already a year behind schedule.The Hoà Lạc – Hoà Bình BOT project (National Road 6) has total investment of … [Read more...] about Social News 11/2