Falling business results major obstacle to tech unicorn VNG’s Nasdaq listing
Company leaders at Vietnamese tech unicorn VNG Corporation have had time to prepare for their U.S. listing, but declining business results have become a significant obstacle to the ambitions of chairman Le Hong Minh and his colleagues.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM calls for US investment in startups, innovation during Nasdaq visit
Ringing the opening bell at the Nasdaq Stock Market on Friday, Vietnamese Prime Minister Pham Minh Chinh called on U.S. companies to invest in priority fields of the Southeast Asian country that has one of the fastest-growing economies in Asia.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM to address UN, meet global tech leaders during week-long US trip
Prime Minister Pham Minh Chinh, in the U.S. on a week-long visit, will speak at the UN General Assembly, attend high level meetings, and participate in a Vietnam-U.S. business forum.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam EV pioneer VinFast plans $1.2 bln investment in Indonesia
Vietnamese electric vehicle maker VinFast plans to invest up to $1.2 billion in Indonesia as it looks to expand operations in Asia in the second business phase and is facing steep competition in the U.S.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese carmaker VinFast drops for fourth straight session after peak on Nasdaq
VinFast's VFS shares on the Nasdaq declined for a fourth consecutive session on Friday to $29.5 per share after hitting their peak at $82.35 on August 28.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese EV maker VinFast gains for fourth straight session amid Nasdaq declines
Shares of VinFast (VFS) rose for a fourth consecutive session Thursday, in contrary to the sharp decline of Nasdaq stocks, and hit a record high since its debut on August 15.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast brings Vietnamese stock market closer to foreign investors: expert
The listing of Vietnamese electric vehicle (EV) maker VinFast on the tech-focused Nasdaq will make the Vietnamese stock market more popular among foreign investors, said Nguyen The Minh, chief analyst at Yuanta Vietnam Securities JSC.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Energy solutions major Gotion holds 15 mln of VinFast shares
Gotion Inc., an energy solutions company aiming at creating the next generation of battery technology, owns 15 million VFS shares of Vietnamese electric vehicle maker VinFast, according to a filing with the U.S. Securities and Exchange Commission (SEC).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese EV maker VinFast's shares tumble for second day after Nasdaq debut
Shares of Vietnamese electric vehicle (EV) manufacturer VinFast dropped for a second straight session on Thursday, down 34% from Wednesday and 46% from its Tuesday debut.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast shares drop 19% on second Nasdaq trading day
Shares in Vietnamese electric vehicle (EV) producer VinFast closed their second session on the Nasdaq at $30.11 Wednesday, down 19% from their debut, with more than three million shares changing hands.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese tycoon’s net worth up $39 bln after VinFast’s Nasdaq debut
The net worth of Vingroup JSC chairman Pham Nhat Vuong shot up by $39 billion after electric vehicle maker VinFast made its debut on the Nasdaq Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Market cap of Vietnam EV maker VinFast hits $85 bln in Nasdaq debut
The market capitalization of Vietnamese electric vehicle (EV) producer VinFast reached $85 billion in its Nasdaq debut Tuesday with nearly 6.8 million shares changing hands.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast shares expected to debut on Nasdaq next week
Vietnamese electric vehicle maker VinFast says its ordinary shares and warrants are expected to begin trading on the Nasdaq under the new ticker symbols “VFS” and “VFSWW,” respectively, on or around August 15.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Global firm PHI Group, Vietnam firm SSE partner in GHG emission solutions
U.S.-based PHI Group, Inc. has signed a cooperation agreement with Vietnamese company SSE Group JSC to provide solutions to global greenhouse gas (GHG) emissions with the Vietnamese firm’s technologies.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Nasdaq-listed firm’s Thai media unit enters Vietnam market
Thai company Thoughtful Media of e-commerce firm Society Pass Inc. (Nasdaq: SOPA) has made its foray into Vietnam as part of the parent company’s expansion ambition.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
NusaTrip extends services to Vietnam in regional expansion
Vietnam-based Nasdaq-listed Society Pass Incorporated’s online travel agency NusaTrip has opened a Ho Chi Minh City office, representing its third Southeast Asian office outside of Jakarta, following the opening of offices in Singapore and Manila earlier this year.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam carmaker VinFast files for US IPO to expand global footprint
Vietnamese electric vehicle maker VinFast has filed for an initial public offering (IPO) in the U.S. where it plans to build a manufacturing complex in North Carolina while promoting sales in the global market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Nasdaq-listed Vietnam ecommerce firm enters Thai market via buyout
Vietnam-based e-commerce firm Society Pass Inc. has acquired Thai company Thoughtful Media to penetrate Thailand’s market and expand its multi-platform digital video business.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Los Angeles eyes direct flights to HCMC
Los Angeles International Airport executives have shown an interest in opening a direct service to Ho Chi Minh City, Vietnam’s largest economic hub.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory