U.S. multinationals set to face much more pain from strong dollar

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Báo Thanh Niên English 1 week(s) ago

U.S. multinationals set to face much more pain from strong dollar

The surging value of the U.S. dollar may be posing the biggest threat to U.S. corporate earnings since the 2008 financial crisis, hurting results at most U.S.-based multinationals. Some on Wall Street are even talking about an earnings recession.

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Vietnam's BIDV plans to sell 25 pct stake to foreigners

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Báo Thanh Niên English 1 month(s) ago

Vietnam's BIDV plans to sell 25 pct stake to foreigners

BIDV, Vietnam's second-largest partly private lender by assets, plans to sell a 15 percent stake to a strategic foreign partner and another 10 percent to an overseas financial investor, an executive said on Monday.

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Samsung talks to BlackBerry about $7.5 bln buyout: source

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

Samsung talks to BlackBerry about $7.5 bln buyout: source

Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

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Samsung talks to BlackBerry about $7.5 billion buyout: source

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Báo Thanh Niên English 2 month(s) ago 1 related news

Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

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Standard Chartered to axe 4,000 retail bank jobs - memo

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Báo Thanh Niên English 2 month(s) ago

Standard Chartered to axe 4,000 retail bank jobs - memo

Standard Chartered will axe around 4,000 jobs worldwide at its retail banking division, according to an internal memo reviewed by Reuters on Thursday, in a push to achieve the cost cuts that chief executive Peter Sands hopes will return the bank to past glory.

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All the rage a year ago, bitcoin sputters as adoption stalls

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Báo Thanh Niên English 3 month(s) ago

All the rage a year ago, bitcoin sputters as adoption stalls

After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.

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Apple market cap could hit $1 trillion mark: Omega's Einhorn

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Báo Tuổi Trẻ English 4 month(s) ago

Apple market cap could hit $1 trillion mark: Omega's Einhorn

Gains in shares of Apple Inc could take the world's largest publicly traded company to a market capitalization of perhaps as high as $1 trillion, some of the country's biggest investors said on Monday.

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Vietnam kicks off international bond sale plan

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VietnamNet English 5 month(s) ago 1 related news

Vietnam kicks off international bond sale plan

VietNamNet Bridge - According to Reuters, the Ministry of Finance has chosen three foreign banks - Deutsche Bank, HSBC and Standard Chartered - to hold roadshows to introduce Vietnam’s upcoming bond sales to international investors.

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Fabien Cousteau speaks out from underwater

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Báo Thanh Niên English 10 month(s) ago

''Could we go more? Yes, of course,'' says Fabien Cousteau, as he attempts to break his grandfather's record number of days spent living underwater. Video credit: Reuters

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Vietnam index hits 3-mth high, FPT soars on buyout talk

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Báo Thanh Niên English 9 month(s) ago

Vietnam index hits 3-mth high, FPT soars on buyout talk

Vietnam's benchmark VN Index rose 1 percent on Friday to 596.26 points, the highest close since April 11, with technology firm FPT gaining on speculation of a buyout by a company in Silicon Valley, analysts said.

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Malaysia’s CIMB bank eyes expanding into Vietnam

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VOV News English 8 month(s) ago

Malaysia’s CIMB bank eyes expanding into Vietnam

(VOV) - Malaysia’s second largest bank, CIMB Group, is planning to obtain banking licenses in Vietnam as part of its drive to expand into the fast-growing Southeast Asian market, according to Reuters.

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Domestic gold prices fall to four-week low

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VietnamPlus English 9 month(s) ago 1 related news

Local gold prices dropped by 0.38 percent on July 16 to a four-week low of 36.6-36.7 million VND (1,686 – 1,692 USD) per tael, driven by a downward trend in world markets on a strengthening of the dollar on July 14-15.

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MasterCard expects big growth from 'big data' insights

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Báo Tuổi Trẻ English 10 month(s) ago

MasterCard expects big growth from 'big data' insights

BERLIN - MasterCard Inc, the world's second-largest debit and credit card company, sees business booming from selling data to retailers, banks and governments on spending patterns found in the payments it processes, a top executive told Reuters.

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Foreign manufacturers maintain faith in Vietnam despite riots

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Báo Thanh Niên English 11 month(s) ago

Foreign manufacturers maintain faith in Vietnam despite riots

A worker at a Korean-owned garment factory in Nam Tan Uyen industrial zone in Binh Duong Province, which resumes operation on May 16. Photo courtesy of Tuoi Tre

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Credit Suisse escapes worst as it pleads guilty to US charges

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Báo Thanh Niên English 11 month(s) ago

Credit Suisse is the largest bank to plead guilty to criminal charges in 20 years after a long-running case against the Swiss bank for helping Americans skip out on taxes. Conway G. Gittens of Reuters reports.

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