Dragon Capital sells 2.8 million MB shares
companies | 386944340Asset management company Dragon Capital has sold 2.8 million shares of Military Commercial JSB (MBBank).
Menswear startup raises $2 mln in Series A round
companies | 386864339Coolmate, a Vietnamese menswear brand that is sold online, has raised US$2 million in a Series A funding round from a group of investors.
FPT Software opens second office in New York
companies | 386764339FPT Software, a subsidiary of Vietnamese IT giant FPT Corporation, opened its second office in New York and tenth in the U.S. on Sunday.
FLC, related stocks plummet after regulator’s fine for disclosure violations
companies | 386654339The stocks of real estate developer FLC and related companies hit the floor Monday morning after the company was fined for flouting disclosure regulations.
Aeon Mall wants four more Hanoi projects
companies | 386584340Japanese retail giant Aeon Mall wants to invest in 3-4 more projects in Hanoi by 2025.
Four years on, Ocean Group unable to recover from chairman’s imprisonment
companies | 386354340Ocean Group has suffered accumulated losses of $124 million since chairman Ha Van Tham was jailed in 2014 in one of Vietnam’s biggest trials.
Singapore utility to invest $540 mln in Vietnam renewable energy
companies | 386224340SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) in sustainable energy in Vietnam.
Singaporean digital financing platform enters Vietnam
companies | 386194340Leading Southeast Asia’s digital financing platform for small and medium-sized enterprises, Funding Societies was launched in Vietnam, marking its fifth market expansion.
Taxi firm Vinasun lays off 2,500 employees
companies | 386154340Taxi company Vinasun laid off more than 2,500 employees, including some 1,800 drivers last year with the Covid-19 pandemic causing business to shrink significantly.
Vinasun seeks to reverse two-year streak of loss
companies | 386034340Vinasun, the leading taxi firm in Vietnam, targets ending its two-year losing streak this year “at all cost” to avoid delisting.