Corporate News

Home Credit Vietnam launches a new app feature that allows customer to register for a new cash loan within two minutes. – Photo Courtesy Home Credit Vietnam Consumer financial company, Home Credit Vietnam Finance Company Ltd, recently launched a new loan registration feature on its mobile app, permitting customers to register for new cash loans within two minutes. The service is available anytime and anywhere with simple procedures. Custumers can receive money within the day, the company said, adding that, with the new service, it has become one of a number of finance companies with the fastest loan registration process in the market. After installing the Home Credit Vietnam app, new customers can check special loan offers and select the amount, ranging from VND10 million (US$439) to VND40 million ($1,754), and apply for a loan in two minutes. For Home Credit's existing customers who are eligible for appraisal, after registration, the approval results will be sent within 10 … [Read more...] about Home Credit launches new in-app feature

Grab on Thursday announced that its food service, GrabFood, has expanded to 15 cities and provinces nationwide after one year of operation in Viet Nam.— VNS Photo Grab, the leading app in Southeast Asia, on Thursday announced that its food service, GrabFood, has expanded to 15 cities and provinces nationwide after one year of operation in Viet Nam. Jerry Lim, country head of Grab Vietnam, announced at the company's first anniversary ceremony that daily completed orders grew 250 times from June 2018 to May 2019. “We have moved beyond just a ride-hailing app in today’s Vietnamese consumers’ minds, and are truly serving their daily essential needs as an everyday super app," he said. "More than 80 per cent of surveyed consumers in Viet Nam choose GrabFood as their top-of-mind brand, which shows a strong vote of confidence. We are happy to have made a difference, making on-demand food delivery an integral and indispensable part of Vietnamese people’s lives, … [Read more...] about GrabFood’s daily orders grow by 250 times in one year

The inauguration of the TTC - Ham Phu 2 solar power plant in Binh Thuan Province on Thursday. — Photo Courtesy of TTC TTC Group and its affiliate Gia Lai Hydropower JSC on Thursday inaugurated the TTC - Ham Phu 2 solar power plant in Binh Thuan Province. Situated in Ham Phu Commune, Ham Thuan Bac District, about 30km from Phan Thiet City, the plant has a capacity of 49 MWp and costs over US$43 million. About 148,470 solar panels have been installed and the plant has been linked to the power grid. Its EPC contractors were Sharp Group, which has more than 60 years of experience in the field of solar energy, and NSN Construction & Engineering JSC, and the consulting unit and project manager is Bureau Veritas Vietnam Co Ltd. The plant will supply over 76 million kilowatt hours of electricity year, meeting the demand from over 34,000 households, reducing 21,398 tonnes of CO2 emissions per year. Speaking at the inauguration, Tan Xuan Hien, president of TTC Energy Segment, said … [Read more...] about TTC Group opens solar power plant in Bình Thuận

Indochina Capital wins two Asia Pacific property awards. COO Michael Piro receives the two award certificates. — Photo courtesy of Indochina Capital Indochina Capital was recognised as one of Viet Nam’s Best Property Consultancy firms for the work of its real estate advisory arm, Indochina Strategic, at the Asia Pacific Property Awards 2019-20, a company press release said on Thursday. The firm also won an award for the Best Property Consultancy Marketing, reaffirming its position as one of the best real estate consultants in Viet Nam and recognising the firm’s marketing and brand-building efforts over the past year. This is the second year in a row that Indochina Capital has appeared in the Property Consultancy category. “This is a mark of excellence for our Advisory Team, who are always committed to delivering market leading services and creating value for our clients. This is a great result and a good way to celebrate our 20-year anniversary in Viet … [Read more...] about Indochina Capital wins two Asia Pacific property awards

Officials from the Ministry of Education and Training and Unilever Vietnam donate the support packages to four schools in Mo Cay Bac District, Ben Tre Province under their green-clean-healthy schools programme. — Photo courtesy of agency Unilever Vietnam will provide VND9 billion (US$385,198) this year to support 30 primary schools to improve their facilities and sanitation under the Green-Clean-Healthy school development programme. Unilever and its major brands such as OMO, VIM, Lifebouy and PureIt will develop sport grounds, upgrade toilets and wash basins, provide safe drinking to students, upgrade libraries and school kitchens, and carry out activities to raise awareness of individual and environmental sanitation. On Wednesday, four schools in Mo Cay Bac District in Ben Tre Province received the support, marking the start of the Green-Clean-Healthy programme this year. The programme is a joint initiative of the Ministry of Education and Training and Unilever. The company has … [Read more...] about Unilever funds $385,000 to upgrade 30 schools

An artist’s image of Vinhomes Ocean Park in Ha Noi's Gia Lam District. — Photos Vingroup Vingroup’s Vinhomes Ocean Park has won in the mixed-use architecture category at the 2019 Asia Pacific Property Awards. In Bangkok recently, it sailed through several rigorous rounds of international jury reviews to be chosen the best in the country. It has schools, hospitals, shopping malls, shops, and a series of facilities seen for the first time in Viet Nam such as a gym park with hundreds of exercise machines, a BBQ park with hundreds of ovens, dozens of healthcare centres, and a children's playground. Two focal points for the jury were a 6.1ha ​​saltwater lake and a 24.5ha central lake with white sand on its bank like a beach. Nguyen Dieu Linh, vice chairman of Vingroup and chairman of Vinhomes Joint Stock Company, said: “We are really happy that once again another Vinhomes real estate project has won the APPA award. “Not stopping with being a leader … [Read more...] about Vinhomes Ocean Park wins 2019 APPA award

The T&T Group from Viet Nam on Wednesday officially opened its T&T Russia Company Ltd in Moscow. — VNA/VNS Photo Thong Nhat The T&T Group on Wednesday officially inaugurated its T&T Russia Company Ltd in Moscow with the attendance of Prime Minister Nguyen Xuan Phuc. The opening marked the group’s new development in the trade and investment sector as well as its expansion of its operations in foreign markets. Through the subsidiary, Viet Nam’s T&T Group will study Russia’s advanced technologies in agriculture, industry, healthcare and services, with the aim of applying them in Viet Nam. The group will also partner with major Russian firms to implement projects in fields in which Russia is strong, such as clean energy, industry, healthcare and agriculture. The T&T Group also plans to increase exports to Russia of Viet Nam’s agricultural products such as tra and basa fish, shrimp, vegetables, fruit, pepper and cashew nuts, along with … [Read more...] about T&T Group establishes subsidiary in Russia

Samsung Viet Nam Mobile Research and Development Centre (SVMC) kicks off the third international Samsung Collegiate Programming Cup 2019 on Wednesday. — VNS Photo Samsung Viet Nam Mobile Research and Development Centre (SVMC) on Wednesday officially kicked off the third international Samsung Collegiate Programming Cup 2019 (SCPC 2019) with the message “Code Your Dream”, aiming to inspire Vietnamese students in technological fields to realise their ambitions in the technology world. SCPC 2019 provides an international, large-scale programming playground for ICT talents from top universities in Ha Noi and HCM City to compete with candidates from South Korea and India through showcasing their programming skills, algorithm solutions, new ideas, logical thinking and practical programming knowledge. Speaking at the event, Kim In Soo, vice president of Samsung Electronics Viet Nam, and general director of SVMC, said: “Vietnamese students are strong candidates in terms … [Read more...] about Samsung kicks off third int’l IT contest

Representatives from Vinaconex and Hyundai E&C shake hands after signing the MoU. Photo courtersy Vinaconex The Viet Nam Construction and Import-Export JSC (Vinaconex) and Hyundai Engineering & Construction Co (Hyundai E&C) will foster bilateral co-operation, following a memorandum of understanding signing between the two companies in Ha Noi on Monday. Via the MoU, the two sides will team up to develop real estate projects in the country. Executive Vice President of Hyundai E&C Seo Sang Hoon said it was his company’s first co-operation deal sealed with a Vietnamese subcontractor. Currently, the company has signed collaboration pacts with about 5,000 subcontractors in other countries. Vinaconex chairman Dao Ngoc Thanh said the foreign partner wanted to not only team up with his company in Viet Nam but also be able to reach foreign markets together. Thanh added the two companies would introduce potential projects to each other. Vinaconex owns and manages about 3.2 … [Read more...] about Vinaconex, Hyundai E&C to foster bilateral co-operation

SSI Securities Corporation won in three categories at the 2019 FinanceAsia Country Awards held by FinanceAsia. — Photo courtesy of SSI SSI Securities Corporation has won three FinanceAsia Country Awards given away by FinanceAsia, a leading finance and investment magazine in the Asia-Pacific, for 2019. They are for “Best Broker”, “Best Investment Bank” and “Best ECM House” in Viet Nam. This is the eighth time the company has won for “Best Broker”, sixth time for “Best Investment Bank” and fourth time for “Best ECM House”. It has been the leader in securities broking on the Ho Chi Minh Stock Exchange (HosE) for the last five years. In the first quarter of this year it continued to hold the highest market shares on all exchanges: 14.5 per cent in HOSE, 9.9 per cent in the Ha Noi Stock Exchange and 10.74 per cent in the Unlisted Public Company Market (UPCoM). The annual FinanceAsia Country Awards seek to … [Read more...] about SSI wins FinanceAsia’s Country Awards in 3 categories