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Seafood processor Hùng Vương continues to sell assets amid debt burden

Seafood processor Hùng Vương Joint Stock Corporation has agreed to sell its entire stake in Hùng Vương Sông Đốc JSC – its latest move to liquidate assets to pay debts.

 

Auto prices fall due to low demand

Vietnamese auto firms have launched promotions to spur demand after sales dropped following the Tết (Lunar New Year) holiday and as the number of imported cars has increased strongly.

   

Transaction limits for e-wallets should be appropriate: experts

Transaction limits for e-wallets should be set at appropriate levels to encourage cashless payment amidst an anticipated boom of e-commerce in Việt Nam, experts have said.

   

Viettel wins $27 million contract in Peru

Bitel, a brand of Viettel Peru has won a US$27 million contract to provide information and technology infrastructure for 1,837 schools in Peru.

   

Private airlines wait for approval to develop aviation infrastructure

Private airlines wait for approval to develop aviation infrastructure

Private investors are financially capable and willing to make investments in aviation infrastructure, but still cannot get the go-ahead from the government.

   

Top pharma groups to rethink strategies after sluggish 2018

Top pharma groups to rethink strategies after sluggish 2018

After a tough 12 months, with Vietnamese pharmaceutical giants continuing to report poor business performance in the first quarter of 2019, new solutions are being sought to hold firm amid i [ … ]

   

HCM City starts cashless programmes for bill payments

HCM City starts cashless programmes for bill payments

The authorities in HCM City have requested local departments and agencies to implement cashless transactions for all household bill payments including school tuition.

   

Vingroup conducting project using AI in healthcare

Vingroup conducting project using AI in healthcare

At the National Forum on Developing Vietnam Technology Companies yesterday, Vingroup Vice President Le Thi Thu Thuy said it is implementing the “Doctor Assistant” project with the goal of im [ … ]

   

GoBear raises $80m funding

Asian financial supermarket GoBear has received US$80 million in funding from Dutch venture capital fund Walvis Participaties and financial services provider Aegon NV.

   

Annual Thai trade fair opens in HCM City

More than 200 Thai firms are showcasing a wide range of branded products and services at Top Thai Brands, the biggest Thai trade fair in Việt Nam, which opened yesterday in HCM City.

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Famous Vietnamese brands ‘swallowed’ by foreign sharks

Famous Vietnamese brands ‘swallowed’ by foreign sharks

Vietnamese businesses have been warned of being taken over by foreign conglomerates.

   

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