Vietnam's central bank to acquire 52 percent stake in PVcomBank

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Báo Thanh Niên English 5 day(s) ago

The State Bank of Vietnam has approved a plan to acquire a stake of 52 percent in state-controlled PVcombank as part of the ongoing restructuring process at the medium-sized lender, local media reported on Wednesday.

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Chinese manipulate market in Vietnam’s dragon fruit hub

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Báo Tuổi Trẻ English 1 week(s) ago 1 related news

Chinese manipulate market in Vietnam’s dragon fruit hub

The dragon fruit market in the south-central province of Binh Thuan, home to Vietnam’s largest area of the delicious tropical fruit, is now fully controlled by Chinese nationals, who work behind local confidants to manipulate supply and prices.

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Samsung said to resume bid to sell off advertising unit

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SaiGon GP English 2 week(s) ago

Samsung Group, South Korea's largest family-controlled conglomerate, is reportedly in talks with about four companies to sell its advertising unit, Cheil Worldwide Inc, sources from Korean Newspaper said Sunday.

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Vietnam state shipping line seeks to downsize fleet amid losses

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Báo Thanh Niên English 2 week(s) ago

Vietnam state shipping line seeks to downsize fleet amid losses

Vinalines, the state-controlled shipping company which has made losses and piled up debts for many years, is seeking the government's permission to sell off six cargo ships in a new attempt to pull itself out of financial trouble.

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Fisheries quality agency rejects rumor on impurity injection into shrimp

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SaiGon GP English 2 week(s) ago

Fisheries quality agency rejects rumor on impurity injection into shrimp

The National Agro, Forestry and Fisheries Quality Assurance Department (NAFIQAD) under the Ministry of Agriculture and Rural Development has required locally authorized agencies to inspect shrimp farming, and so far yet to find any business injecting pectin into shrimp as per information by the Taiwanese media.

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Money from Afghanistan's 'conflict jewels' fuels war: activists

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Báo Thanh Niên English 3 week(s) ago

Money from Afghanistan's 'conflict jewels' fuels war: activists

The illegal mining of some of Afghanistan's most important minerals is funneling millions of dollars into the hands of insurgents and corrupt warlords, according to activists and officials who say the money is fuelling the conflict.

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Traffickers in India force 300,000 children to beg in streets: police

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Báo Tuổi Trẻ English 3 week(s) ago

Traffickers in India force 300,000 children to beg in streets: police

CHENNAI, India, June 1 -- At least 300,000 children across India are drugged, beaten and forced to beg every day, in what has become a multi million rupee industry controlled by human trafficking cartels, police and trafficking experts said.

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U.S.-backed Syrian alliance widens offensive near IS capital

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

U.S.-backed Syrian alliance widens offensive near IS capital

A U.S.-backed alliance of Syrian militias is widening an offensive against Islamic State near its de facto capital of Raqqa, targeting an area where the group controls a disused air base, a monitoring group and a Kurdish official said on Monday.

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Foreign firms snatch up local logistics industry

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Báo Đầu Tư English 1 month(s) ago

Foreign firms snatch up local logistics industry

Vietnam’s logistics industry is expected to be wholly controlled by foreign firms over the next few years.

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Blasts kill more than 100 in Syrian government stronghold - monitor

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Báo Tuổi Trẻ English 1 month(s) ago

Blasts kill more than 100 in Syrian government stronghold - monitor

BEIRUT, May 23 - Bomb blasts killed more than 100 people in the Syrian coastal cities of Jableh and Tartous on Monday, monitors said, in a government-controlled area that hosts Russian forces.

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Syrian government force, Hezbollah allies seize town near Damascus: monitors

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Báo Thanh Niên English 1 month(s) ago

Syrian government force, Hezbollah allies seize town near Damascus: monitors

Syrian government forces and allies including Lebanese Hezbollah fighters seized a strategic town southeast of Damascus from insurgents on Thursday, a monitoring group said.

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Vietinbank to complete merger with smaller PGBank this year

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Báo Thanh Niên English 2 month(s) ago

Vietinbank to complete merger with smaller PGBank this year

Vietinbank, one of Vietnam's biggest lenders, is set to finish its merger with PGBank, controlled by state-owned fuel trader Petrolimex, after two years of planning, local media reported on Tuesday.

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Work begins on Vietnam's long-delayed $4-billion resort

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Báo Thanh Niên English 2 month(s) ago

A consortium of Hong Kong and Vietnamese investors finally began work on a US$4 billion resort near the popular tourist town of Hoi An Sunday after more than three years of delays.

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Jetstar Pacific reports first profit in 8 years, plans expansion

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Báo Thanh Niên English 2 month(s) ago

Jetstar Pacific reports first profit in 8 years, plans expansion

An undated photo shows passengers boarding Jetstar Pacific aircraft. Photo: Mai Vong

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Cyber fraudsters reap $2.3 billion through email wire-transfer scams

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Báo Thanh Niên English 2 month(s) ago

Cyber fraudsters reap $2.3 billion through email wire-transfer scams

Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to the U.S. Federal Bureau of Investigation.

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