Lingering problems in valuation of state-owned enterprises

Lingering problems in valuation of state-owned enterprises

The failed IPO of VTVCab and the Mobifone-AVG scandal are valuable lessons for Vietnam on the valuation of state-owned enterprises.
Facebook hit with class action suit over facial recognition tool

Facebook hit with class action suit over facial recognition tool

A US federal judge in California ruled Monday that Facebook will have to face a class action suit over allegations it violated users' privacy by using a facial recognition tool on their photos without their explicit consent.
Korean Air 'water rage' heiress suspended, faces criminal probe

Korean Air 'water rage' heiress suspended, faces criminal probe

A Korean Air heiress accused of assault has been suspended by her father's company as police Tuesday launched a criminal investigation into claims she threw water into a man's face in a business meeting.
Automated customs system at Noi Bai Airport launched

Automated customs system at Noi Bai Airport launched

An automated customs control system for exports and imports was launched at Hanoi’s Noi Bai International Airport on April 16.
Vinasun to set target revenue $47 million lower this year

Vinasun to set target revenue $47 million lower this year

This is the fourth consecutive year that traditional taxi firm Vinasun has planned lower targets due to the competition with ride-hailing services.
Domestic firms launch ride-hailing applications to fill in Uber’s space

Domestic firms launch ride-hailing applications to fill in Uber’s space

After the merger between Uber and Grab, domestic enterprises accelerate their plans to launch ride-hailing applications to fill the void left in Uber’s wake.
J&J baby powder litigation takes new focus with asbestos claims

J&J baby powder litigation takes new focus with asbestos claims

A US$117 million verdict against Johnson & Johnson and a supplier could open a new front for thousands of cases claiming the widely-used product caused cancer, legal experts and plaintiffs lawyers said on Monday (Apr 16).
Sabeco relents to Thai Beverage pressure for board presence

Sabeco relents to Thai Beverage pressure for board presence

Three foreigners, all of whom were allegedly nominated by Thai Beverage, will join the Sabeco management board at the coming meeting.
Garment firms should meet workers’ needs

Garment firms should meet workers’ needs

Garment and textile firms should understand the needs of their workers and invest in enhancing human resource management to sustain a productive and quality workforce, a seminar heard in HCM City last Saturday.
Shaping the future of Asia with clean energy

Shaping the future of Asia with clean energy

Clean water, sanitation, healthcare, transport, lighting, cooking, and heating – these are energy-driven elements essential to human wellbeing and a country’s economic activity and social development, yet not accessible to the world’s energy poor, the majority of whom are living in the Asia Pacific region.
HCMC Tax Department to collect Uber’s debt

HCMC Tax Department to collect Uber’s debt

The HCM City Tax Department has said it will collect VND53.3 biilion (US$2.35 million) of tax liability from Uber.
Coffee crisis about carcinogen content

Coffee crisis about carcinogen content

Starbucks in California must now ensure that it provides clear labelling for its customers of a potentially cancer-causing chemical in its coffee following a ruling from a Los Angeles judge, spreading concern for customers worldwide, including Vietnam, and leaving them to wonder if the coffee’s carcinogen warnings will be shared internationally.
Three key factors to increasing Vietnam's labour productivity

Three key factors to increasing Vietnam's labour productivity

The key is increasing investment in training skilled employees, modernising technology and manufacturing lines, and improving the management capacity of CEOs.
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