E-commerce firm sells stake to Japans Scroll
HCM CITY Caùt Ñoâng Service Trading Joint Stock Company yesterday reported that it had sold a 26.9 per cent stake to Japanese online marketer Scroll Corporation for an undisclosed value.
Yesterday, the two companies signed an agreement to jointly develop e-commerce and tourism and provide e-commerce development solutions. Under the deal, they will maximise their management resources and strengths in various fields ranging from sales to e-commerce solutions and travel operations. Caùt Ñoâng will sell Japanese products provided by Scroll on its websites like and
Furthermore, tours to Japan operated by Scroll will be sold on these websites. The two sides will together offer solutions in e-trading, logistics, warehousing and business expansion. Caùt Ñoâng, launched in 2010 as a website selling vouchers, owns multiple e-commerce websites, provides e-commerce solutions related to logistics, freight and online marketing. It acquired NhomMua.com in 2014 and last year started partnering all major e-commerce platforms in Vieät Nam.
Prudential wins Golden Dragon Award
HCM CITY Prudential Vietnam has been honoured as Vieät Nams Leading Life Insurance Company and the only insurance company in the Top 10 foreign-invested enterprises in Vieät Nam at the annual Golden Dragon Awards.
This is the 15th time that Prudential has won the prestigious awards, cementing its position as a leading life insurer in Vieät Nam and its positive contributions to the socio-economic development of the country, as evidenced by its strong business results, excellent products and services, and impactful community-investment activities, all of which are key criteria for the awards.
Steve Clark, CEO of Prudential, said: Throughout our nearly 20 years of operations in Vieät Nam, Prudential has been providing effective financial solutions to help protect peoples future and enhance the quality of their lives.
To be honored at the Golden Dragon Awards for the 15th time, especially to be recognised as a top 10 foreign-invested enterprise in Vieät Nam, is a testament to our consistent efforts and commitment to serving our customers and the community.
Last month, Prudential was also recognised by the Minister of Industry and Trade for its outstanding achievements in consumer rights protection last year.
Vietbank targets $13.1m in gross profit