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MWG 2017 growth prospects uncertain

MWG 2017 growth prospects uncertain

In 2016, thanks to the growth of its revenue, profit, and the expansion of its operating network, Mobile World Investment Corporation (MWG) continuously reported record stock prices.

Cisco strives for faster growth together with Vietnam

Cisco strives for faster growth together with Vietnam

Vietnam is Cisco’s fastest growing market in the Indochina region. As she celebrates her second year as general director of Cisco Vietnam, Luong Thi Le Thuy talked to VIR’s Hong Anh about her experience leading Cisco Vietnam at this exciting time as well as Cisco’s role in helping Vietnamese companies and the government become more competitive as the world undergoes a digital transformation.

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Vietnamese auto-manufacturer loses $11 million in fire

Vietnamese auto-manufacturer loses $11 million in fire

An earlier fire this month at Truong Hai Auto Corporation (Thaco)’s factory in the central province of Quang Nam caused VND250 billion ($11 million) in damages to the company.

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Manufacturers in Vinh Phuc face critical manpower shortage

Manufacturers in Vinh Phuc face critical manpower shortage

Foreign sector manufacturers at the Vinh Phuc Industrial Park in northern Vietnam report they are facing a chronic shortage of highly skilled apprentices and unskilled production workers.

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MHI study grants enter second year

MHI study grants enter second year

Major Japanese machinery manufacturer Mitsubishi Heavy Industries Ltd. is now accepting applications for the second round of its scholarship programme for overseas study at universities in Japan. Eager young scholars are encouraged to apply.

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MHI leads way for local distributed generation

MHI leads way for local distributed generation

MHI Engine System Vietnam Co., Ltd., part of major Japanese machinery manufacturer Mitsubishi Heavy Industries Ltd., handles parts manufacturing, final assembly, sales and after-sales service for diesel generator sets.

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Uber fails to meet legal standards to rideshare

Uber fails to meet legal standards to rideshare

The Ministry of Transport has rejected Uber BV’s authorisation for Uber Vietnam to join a rideshare trial scheme because of its insufficient legal foundation.

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Condom maker to buy infant formula producer Mead Johnson

Condom maker to buy infant formula producer Mead Johnson

British consumer goods company Reckitt Benckiser, the producer of Durex condoms and Air Wick fresheners, has agreed to buy Mead Johnson Nutrition, the maker of Enfamil baby formula, in a $16.6 billion deal.

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Vietnam Airlines to sell, lease back four aircraft

Vietnam Airlines to sell, lease back four aircraft

Vietnam Airlines said that it plans to sell or lease back four new aircraft which the corporation will receive in 2017 to ease the pressure on the due-debt-over-ownership-capital ratio and boost liquidity.

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Customs sector to offer online public service next month

Customs sector to offer online public service next month

The General Department of Viet Nam Customs has asked localities to pilot its online public service system by late February 28 before running it officially from March 1.

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Pyn Elite Fund's medical equipment investee deep in loss

Pyn Elite Fund's medical equipment investee deep in loss

Japan Vietnam Medical Instrument Joint Stock Company (JVC), where PYN Elite Fund (non–UCITS) holds 7.14 per cent, is now deep in loss.

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DHL Express launches new service for global online shopping

DHL Express launches new service for global online shopping

DHL Express, the world’s leading international express services provider, on February 6 announced the launch of On Demand Delivery, a new service that allows shippers and receivers globally to select from a range of standardised delivery options.

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Vietnam convenience stores enjoy boom

Vietnam convenience stores enjoy boom

Convenience stores and minimarts have become increasingly popular in the country, with more than one third of households shopping there regularly, according to some analysts’ estimates.

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Environmental protection tax hike hurts firms

Environmental protection tax hike hurts firms

The Finance Ministry (MoF)’s proposal to almost triple the environmental protection tax on oil and gas consumption would reduce businesses’ competitiveness against foreign firms, according to the Viet Nam Chamber of Commerce and Industry (VCCI).

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Vietnam Airlines to open Ha Noi-Sydney route

Vietnam Airlines to open Ha Noi-Sydney route

National carrier Vietnam Airlines will launch a direct route between Ha Noi and Sydney on March 28.

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Vietnam imports more cars as tariffs drop

Vietnam imports more cars as tariffs drop

As tariffs decrease, Vietnam is importing more cars.

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