Construction giant Vinaconex plans rights issue, capital base hike in 2024

Construction giant Vinaconex plans rights issue, capital base hike in 2024

Vinaconex, among Vietnam’s top construction companies, plans to issue nearly 120 million shares to existing shareholders at VND10,500 ($0.41) apiece this year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

S Korea can share high-speed railway technology with Vietnam: official

S Korea can share high-speed railway technology with Vietnam: official

South Korea is willing to facilitate the trans-Vietnam high-speed railway project by sharing relevant expertise and experience, said Korea National Railway chairman Lee Seong-hae.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

What incentives Metro Star real estate project offers overseas Vietnamese coming home for Tet

What incentives Metro Star real estate project offers overseas Vietnamese coming home for Tet

Metro Star, a major real estate project in Ho Chi Minh City, has prepared special promotions for overseas Vietnamese citizens as the homecoming season of Tet (Lunar New Year holiday) approaches.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Entrepreneurship should embrace sustainable development: Metro Star Investment leaders

Entrepreneurship should embrace sustainable development: Metro Star Investment leaders

Metro Star Investment Co., Ltd. celebrated Vietnam Entrepreneurs’ Day, October 13, with a series of activities featuring over 100 businesspeople in Ho Chi Minh City.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Secret behind high pre-IPO evaluation of Metro Star shares

Secret behind high pre-IPO evaluation of Metro Star shares

Early action and thorough preparation in applying a unique business model have resulted in a high pre-IPO international valuation of the Metro Star real estate firm at $5.3 per share.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Eye for opportunity helps Metro Star mark 18th anniversary with key achievements

Eye for opportunity helps Metro Star mark 18th anniversary with key achievements

Quickly spotting growth opportunities right at its 2005 inception, Metro Star Investment Co., Ltd. focused on property development in inner city areas, enabling celebration of key achievements 18 years later.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Metro Star property project resolves legal bottlenecks, picks distributors

Metro Star property project resolves legal bottlenecks, picks distributors

Metro Star Investment Company Ltd. is preparing to pick secondary distributors for a major property project after HCMC authorities helped resolve some legal procedural bottlenecks.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam set to approve pre-feasibility study for Hanoi's $2.7 bln metro line No.5

Vietnam set to approve pre-feasibility study for Hanoi's $2.7 bln metro line No.5

The national appraisal council is set to approve a pre-feasibility study for Hanoi’s fifth metro route with an expected investment of VND65.4 trillion ($2.68 billion).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC schedules full trial run of first metro line on September 2

HCMC schedules full trial run of first metro line on September 2

Ho Chi Minh City plans to conduct a full trial run on the Ben Thanh-Suoi Tien metro line (Metro Line No. 1) on September 2, according to the municipal Management Authority for Urban Railways (MAUR).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi plans construction of three new urban railway lines by 2025

Hanoi plans construction of three new urban railway lines by 2025

Hanoi is planning to start the construction of three new urban railways by 2025, running from Van Cao to Hoa Lac, Hanoi Station to Hoang Mai, and Yen Vien to Ngoc Hoi.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC's first metro line must complete in early Sept: Prime Minister

HCMC's first metro line must complete in early Sept: Prime Minister

Prime Minister Pham Minh Chinh has required the construction of Ho Chi Minh City’s first metro line to be finished by September 2 this year - the National Day and four months ahead of the schedule.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

Ho Chi Minh City is drafting a plan to invest VND236,629 billion ($9.53 billion) in building six more metro projects until 2035, while admitting state budget and official development assistance (ODA) capital are limited.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam invests $2.76 bln in metro, only one in Hanoi operates

Vietnam invests $2.76 bln in metro, only one in Hanoi operates

Vietnam has invested VND66,011 billion ($2.76 billion) in the metro systems of Hanoi and Ho Chi Minh City in the past decade, but only Cat Linh-Ha Dong urban railway in the capital city has entered operation.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Demand drives Becamex to consider new industrial park in Binh Duong

Demand drives Becamex to consider new industrial park in Binh Duong

Becamex IDC, a leading developer of large-scale industrial townships in Vietnam, has decided to build a new industrial park in its home province of Binh Duong to capitalize on the growing demand for warehouses and manufacturing space.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC's first metro line projects suffer delays

HCMC's first metro line projects suffer delays

Metro Line No.1 and No.2 in Ho Chi Minh City, Vietnam’s southern economic hub, are undergoing delays in preparation and completion.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hanoi metro projects a thorn in the flesh

Hanoi metro projects a thorn in the flesh

After enormous public outcry over record-high extra cost and record-long delay, Hanoi’s first metro line, Cat Linh-Ha Dong, finally came into operation, thanks God.

Opinion - Mon, Dec 22, 2021 | 11:30 am GMT+7