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Asian investors control M&A activities in Vietnam

Asian investors control M&A activities in Vietnam

Investors from Asia, specially Thailand, Singapore, Japan, and South Korea, are dominating M&A activities in Vietnam during 2016-2017, according to the researchers of Vietnam M&A Forum 2017.

Under-pressure Qatar vows to boost gas production

Under-pressure Qatar vows to boost gas production

DOHA: Under-pressure Qatar vowed a major boost to gas production on Tuesday (Jun 4) as a deadline approached for Doha to meet the demands of Arab countries engaged in a blockade against it.

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Russian oil company signs MoU with PetroVietnam

Russian oil company signs MoU with PetroVietnam

ZARUBEZHNEFT, a Russian State-controlled oil company based in Moscow, and PetroVietnam Exploration Production Corporation (PVEP) signed a memorandum of understanding (MoU) on June 30.

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Baker Hughes and GE Oil & Gas complete combination, creating the world’s first and only fullstream oil and gas company

Baker Hughes and GE Oil & Gas complete combination, creating the world’s first and only fullstream oil and gas company

Baker Hughes, a GE company announced today that the transaction combining GE’s oil and gas business with Baker Hughes is complete.

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Ex-Barclays CEO appears in court over fraud charges

Ex-Barclays CEO appears in court over fraud charges

LONDON: Former Barclays chief executive John Varley appeared in a London court on Monday (Jul 3) over fraud accusations, the first time a boss of a global bank has faced charges arising from the 2008 financial crisis.

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Find ways to step up EU exports, VN firms urged

Find ways to step up EU exports, VN firms urged

Vietnamese firms should step up efforts to boost exports to the EU despite facing several difficulties, a senior official said yesterday.

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Two new thermal power plants licensed

Two new thermal power plants licensed

The Ministry of Planning and Investment has licensed two thermo-electric plants in Nam Dinh and Thanh Hoa provinces.

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Volkswagen Vietnam expands dealership network

Volkswagen Vietnam expands dealership network

In order to provide better service for Volkswagen enthusiasts in North Vietnam, Volkswagen Vietnam has expanded its dealership network, ringing the total number of genuine Volkswagen dealers in the country to six.

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Brexit-bound UK withdraws from fishing pact

Brexit-bound UK withdraws from fishing pact

LONDON: Britain said on Sunday (Jul 2) it is to withdraw from a 50-year-old agreement allowing some foreign countries to fish close to the UK coastline, fulfilling a key Brexit pledge.

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Export value of fruit and vegetables increases

Export value of fruit and vegetables increases

The export value of vegetables and fruits is estimated at US$1.7 billion in the first half of this year, marking a year-on-year increase of 45 per cent.

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SOE capital divestment still slow

SOE capital divestment still slow

As many as 19 State-owned enterprises (SOEs) were approved for equitisation as of the middle of June, lower than the same period last year.

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VNPT ahead in broadband users

VNPT ahead in broadband users

The Việt Nam Posts and Telecommunications Group (VNPT) has the largest number of broadband subscribers in Việt Nam, said Nguyễn Trường Giang, VNPT’s deputy general director.

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Grab and Uber still in hot water for unfair competition

Grab and Uber still in hot water for unfair competition

There is a debate over Grab’s disregard for the law, as well as the unfair competition posed by taxi services using technology, such as Uber and Grab.

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Siemens and local power partner open new control centre for 21 provinces

Siemens and local power partner open new control centre for 21 provinces

Global engineering powerhouse Siemens and state-run energy company Electricity of Vietnam Southern Power Corporation have just opened a new main control centre in Ho Chi Minh City.

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China's Alibaba to invest another US$1 billion in Lazada

China's Alibaba to invest another US$1 billion in Lazada

SHANGHAI: Chinese e-commerce giant Alibaba said on Wednesday (Jun 28) it would inject another US$1 billion into Southeast Asia's Lazada, as the cashed-up company increases its stake in the region's nascent online shopping market.

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Speed Queen: a new contender in the laundromat market

Speed Queen: a new contender in the laundromat market

In the last two years numerous laundromat stores opened in Vietnam’s big cities. Customers either put their clothes in the washing machine and wait to get them on their own or with the support from the stores' staff.

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