Toyota to invest $1 billion in Grab as lead investor for Grab’s new round of financing
June 14, 2018 | 09:59
Grab Holdings Inc., Southeast Asia’s leading online-to-offline mobile platform, announced today it has reached an agreement with Toyota Motor Corporation under which Toyota will invest $1 billion in Grab, as a lead investor in the company’s ongoing financ
Mumuso origin scandal deepens 1
By Van Anh
June 13, 2018 | 13:24
Korean television MBC in a feature on Mumuso demonstrated that the inscriptions on the company's products are gibberish.
Phuong Nam divests 12.5 per cent of CJ CGV to pay off debts
June 13, 2018 | 13:18
This would be Phuong Nam's quick fix for debts accumulated over the years.
Tesla to cut 9pc of staff, says layoffs won't affect Model 3 production
June 13, 2018 | 10:12
Electric car manufacturer Tesla Motors announced on Tuesday (Jun 12) it was cutting nine per cent of its workforce to enhance profitability but said the move would not affect an ambitious production ramp-up of its Model 3 sedan.
Lotte Mart faces sizeable payment for rent in arrears
By Ngoc Thu
June 13, 2018 | 08:00
South Korea’s Lotte Vietnam Shopping is facing a payment of VND187.3 billion ($8.3 million) in arrears for rent at its Lott Mart location in the southern province of Ba Ria-Vung Tau.
Lazada opens second automatic sorting centre in Hanoi
June 13, 2018 | 00:03
LEL Express, the logistics and e-commerce delivery company of Lazada Group, has officially opened its second automatic goods sorting system, this time in Hanoi.
AEON Vietnam seeks suppliers and manufacturers
By Thanh Van
June 13, 2018 | 00:02
AEON is looking for domestic and foreign manufacturers and suppliers to increase the presence of locally-produced goods in its retail chains.
Facebook and Google have to install servers in Vietnam from early 2019 1
By Van Anh
June 12, 2018 | 23:57
Facebook and Google will have to install servers in Vietnam from January 1, 2019 as the Law on Cybersecurity comes into effect.
Businesses advised to use legal software to reduce cyberattacks
June 12, 2018 | 23:55
To reduce the risk of cyberattacks , businesses in Vietnam should assess the software on their networks and eliminate unlicensed items.
Food safety and organic trends put McDonald’s on defensive
By Van Anh
June 12, 2018 | 23:54
Scandals related to food safety and falling behind food trends may be behind McDonald’s personnel cuts to save costs as well as maintain its revenue.
Market share of Habeco slips without brake
June 12, 2018 | 23:46
Delaying the divestment of the state’s stake in Habeco will worsen the corporation’s business results, reducing the company's market share.
VTV would entirely recover the price to broadcast the 2018 World Cup
By Van Anh
June 12, 2018 | 23:43
With help from Vingroup and Viettel, VTV has bought the broadcasting rights for the 2018 World Cup.
Domestically-assembled cars overwhelm imported vehicles
June 12, 2018 | 22:36
A total of 23,065 automobiles were sold in the domestic market in May, up 9 percent against the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA).
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