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Foreign fast food giants defy losses in Vietnam

Foreign fast food giants defy losses in Vietnam, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Fast food giants are still betting big on the Vietnamese market, despite ongoing losses and sluggish performance.


Bình Sơn Refining’s profit exceeds target

Bình Sơn Refining and Petrochemical Company (BSR) reported post-tax profits of nearly VNĐ3.6 trillion (US$1.5 million) in the first seven months of 2018, meeting 172 per cent of its seven-mo [ … ]


PVN plans stake cut to 36% in PVD

PetroVietnam (PVN) has proposed the Ministry of Industry and Trade approve the reduction of its ownership in PetroVietnam Drilling and Well Services Corporation (PVD) from 50.4 per cent to 3 [ … ]


Vinamilk to spend $170m on Cần Thơ hi-tech farm

Vinamilk, Việt Nam’s largest dairy producer, will splash out some VNĐ4 trillion (US$171.3 million) to develop a 6,000-ha complex of hi-tech dairy farms in the Mekong Delta city of Cần Thơ un [ … ]


Fourth wind-power plant in Trà Vinh receives approval

The Trà Vinh Province People’s Committee has given the go-ahead to three investors to build the Hiệp Thạnh Wind Power Plant with a total investment of VNĐ3.37 trillion (US$146 million).


Hưng Yên Province holds longan festival

The Red River delta province of Hưng Yên opened the Longan Festival 2018 on Saturday to honour the provincial specialty product.


City to host int’l pharma, health expo

The 13th International Exhibition on Products and Supplies for Medical, Pharmaceutical, Hospital and Rehabilitation (Pharmed and Healthcare Viet Nam 2018) will be held next month in HCM [ … ]


New Co.opmart store in Tây Ninh

Saigon Co-op, the country’s leading fast-moving consumer goods retailer on August 10 opened a new Co.opmart supermarket in Tây Ninh Province’s Gò Dầu town, the 98th Co.opmart store in t [ … ]


Novaland to focus on housing

Novaland Group will continue to spend 80 per cent of its resources on developing housing projects.


Innovative networks project to take place this month

The Ministry of Planning and Investment has co-ordinated with various other ministries and agencies to create a programme to connect the country’s innovation networks.


Ascott to manage Alpha King’s HCM City serviced apartment

Alpha King Real Estate Development on Wednesday cooperated with the Ascott Limited to manage Ascott The Residence, a luxury serviced residence in HCM City.


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