VOF makes loss on newly-bought state-owned firms

VOF makes loss on newly-bought state-owned firms

VinaCapital’s Vietnam Opportunity Fund seems to have suffered a loss from purchasing a stake in Vietnamese state-owned firms BSR and PV Power after the big firms’ shares fell post-IPO.
BMW recall of 470 cars in Vietnam may be due to fire risk

BMW recall of 470 cars in Vietnam may be due to fire risk

German car manufacturer BMW’s sudden recall of 470 cars in Vietnam may be related to the car giant’s re-exporting of 88,000 vehicles in the UK due to fire risk.
MoT conclusion: loose management and advance payments at ACV

MoT conclusion: loose management and advance payments at ACV

A series of shortcomings in airport infrastructure projects developed by ACV (Airports Corporation of Vietnam) has just been uncovered by MoT’s Inspectorate.
Siemens eyes Asia as key market for advanced turbine sales

Siemens eyes Asia as key market for advanced turbine sales

Siemens has identified Asia as an important future market as the rapidly developing region is in need of efficient and cost-effective power generation technologies – an area in which the German engineering giant prides itself as a leading global supplier.
Gov’t asked to help automakers overcome difficulties

Gov’t asked to help automakers overcome difficulties

Auto businesses are concerned about Vietnam’s future policy orientation with regard to the auto industry, which they think will affect their business strategy.
Sony to acquire EMI music publisher in US$1.9b deal

Sony to acquire EMI music publisher in US$1.9b deal

TOKYO: Japanese entertainment giant Sony on Tuesday (May 22) announced a deal to acquire the music publishing firm and record label EMI for a price of around US$1.9 billion.
When Lotte Vietnam to turn profit?

When Lotte Vietnam to turn profit?

Lotte Vietnam says that it will take 5-8 years from the opening day to the breakeven point, but 11 years into business, it's still reporting massive losses.
Lazada and DeAura the biggest pains for customers in 2017

Lazada and DeAura the biggest pains for customers in 2017

The Vietnam Competition Authority announced the list of firms drawing consumers' greatest ire in 2017, with Lazada and DeAura on top.
E-commerce and game cards: new trends in the gaming industry

E-commerce and game cards: new trends in the gaming industry

After mobile operators halted phone card payments for digital content and online gaming, game cards are making a spectacular comeback, filling in the vacuum.
Italian coffee producers highly evaluate Vietnamese coffee beans

Italian coffee producers highly evaluate Vietnamese coffee beans

Italian coffee producers highly evaluated Vietnamese coffee beans as they are essential ingredients of their products, Mario Vicentini from Comunicaffe International, an Italian daily newspaper about coffee, told Vietnam News Agency reporters at Milano Coffee Festival.
HCMC boosts supporting industries

HCMC boosts supporting industries

HCM City is enacting policies to aid businesses in the supporting industry by encouraging investment, networking between firms and banks, and creating special zones.
Apple-Samsung iPhone design copying case goes to jury

Apple-Samsung iPhone design copying case goes to jury

Jurors are set to return to a Silicon Valley courtroom on Monday (May 21) to put a price on patented iPhone design features copied by Samsung in a legal case dating back seven years.
South Korea's LG Group chairman dies

South Korea's LG Group chairman dies

The chairman of South Korean conglomerate LG Group has died, company officials said on Sunday (May 21). He was 73.
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