Transaction

To date Citi has provided over $10 million in relief measures for communities across Asia Pacific, including working with the United Nations Development Programme to raise funds in several markets. In Vietnam, the project “Emergency support for Covid -19 disease prevention and equipping community healthcare knowledge to contribute to disease prevention to maintain and develop livelihoods” run by Microfinance & Development Center (M&D) with support and finance from Citi Foundation was approved with total value $100,000. Key activities of the project include: … [Read more...] about Citi Asia Pacific recognized for Excellence in Leadership during COVID-19

Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited, said, “The investment in the wind asset in Vietnam is a testament to Banpu’s continuous commitment to our Greener & Smarter strategy. The Mui Dinh Wind Farm is the latest addition that helps expand the company’s renewable energy portfolio and generate more revenue and cashflow from the business for Banpu. Vietnam is one of the fastest-growing economies in the world and one of the very few with growing GDP given the current global situation. Its increasing need for energy translates to even more potential opportunities for Banpu in the future. Recently, the Vietnamese government approved the construction of new wind projects with total capacity of 7 GW. The country expects total capacity of its wind power plants to reach nearly 12 GW by 2025.” … [Read more...] about Banpu Energy Group acquires Mui Dinh Wind Farm

Phan Dung Khanh, investment director of Maybank Kim Eng Securities, said: “After the policy of depositing gold is no longer profitable in Viet Nam, the demand for gold is weaker. In this case, those who are holding gold or bought the metal at low prices should keep holding. Those who have not bought can still invest in gold but should not be too aggressive.” … [Read more...] about Gold prices go up, SBV commits to stabilise market

Topping gains in the basket again was SAB of Vietnam’s largest brewer Sabeco, up 3.7 percent, followed by VNM of dairy giant Vinamilk, up 2.4 percent, and HDB of HDBank with 2 percent. … [Read more...] about VN-Index climbs to two-week high in fourth gaining session

Forbes Viet Nam made this list according to the method of Forbes in the US, calculating the contribution of the brands in their business performance. The most valuable brands achieved a large turnover in the industries where the brands play a leading role. After making a preliminary list of more than 100 strong brands with high coverage and consumer awareness, Forbes Viet Nam calculated the before-tax income and interest, then determined the value of intangible assets. The calculation is based on the financial statements of the companies. … [Read more...] about Top 10 most valuable brands worth US$8.1 billion