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News about Vietnam

Kein Hing to construct RM5m factory in Vietnam as part of future expansion plans

May 13

KUALA LUMPUR (May 13): Kein Hing International Bhd on Thursday announced it has awarded an RM5 million construction contract to a third party main contractor in Vietnam for the proposed construction of a single-storey factory.

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Gamuda acquires 5.6 hectares of land in Vietnam for US$53.9m

Oct 19

KUALA LUMPUR (Oct 18): Gamuda Bhd’s wholly-owned sub-subsidiary in Vietnam, Gamuda Land HCMC Joint Stock Company, has acquired 5.

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Ascott to manage Vietnam’s largest serviced residence integrated development

Oct 13

SINGAPORE (Oct 13): CapitaLand’s wholly owned lodging business unit, The Ascott, has partnered Sun Group, one of the biggest real estate developers in Vietnam, to manage Vietnam’s largest serviced residence integrated development, it announced.

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Toshiba ceases production plant in Dalian China, to relocate to Vietnam or Japan

Sep 13

PETALING JAYA (Sept 13): Japanese electronic giant Toshiba will be closing its 30-year-old production facility in Dalian, China, by the end of September this year, reported South China Morning Post (SCMP) on Sept 9.

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Vietnam’s resort island Phu Quoc plans to reopen as early as Sept

Jun 28

KIEN GIANG (June 28): The resort island in southern Vietnam is now in progress to fully vaccinate its residents, to prepare for the holiday island reopening as early as September, reported Inside Asian Gaming news portal.

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JAKS Resources posts net profit of RM19.75 million for 1Q thanks to contribution from Vietnamese power operation

May 22

KUALA LUMPUR (May 22): JAKS Resources Bhd posted a net profit of RM19.

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Parkson to challenge S$3.8m claim by Vietnamese landlord, suspends loss-making store ops in Danang

Jan 18

KUALA LUMPUR (Jan 18): Parkson Holdings Bhd announced that Parkson Vietnam Co Ltd (PVC) had received a letter from its landlord in Vietnam alleging, among others, that PVC is required to pay a total amount of VND66.

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Gamuda returns to black in 1Q with RM109m profit

Dec 22

KUALA LUMPUR (Dec 22): Gamuda Bhd has returned to the black with a net profit of RM109.

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Entrepreneurship is tough business, says Public Bank founder Teh Hong Piow

Sep 24

KUALA LUMPUR (Sept 24): "Entrepreneurship is tough business.

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Parkson to be left with only one store in Vietnam after disposing of shopping centre

Jul 27

KUALA LUMPUR (July 28): Parkson Holdings Bhd’s unit, Parkson Haipong Co Ltd, has proposed to dispose of Parkson TD Plaza Shopping Center in Hai Phong, Vietnam for US$10 million (RM42.

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