Vietnamese sugar farmers lose patience with Indian firm in $2.5mn debt dispute

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Báo Tuổi Trẻ English 12 hour(s) ago

Vietnamese sugar farmers lose patience with Indian firm in $2.5mn debt dispute

An Indian sugar company operating in the southern province of Long An is facing strong protest from local farmers for having repeatedly refused to clear payments for sugarcane purchases over the last three years.

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As ties deepen, elite U.S., Vietnam forces eye possible opening

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Báo Thanh Niên English 20 hour(s) ago 1 related news

As ties deepen, elite U.S., Vietnam forces eye possible opening

Special operations forces from the United States and Vietnam are signaling a readiness to start forging ties should their governments choose to do so, in what would be a major step in relations between militaries that were at war 4-1/2 decades ago.

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As ties deepen, elite U.S., Vietnam forces eye possible opening

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Báo Tuổi Trẻ English 19 hour(s) ago 1 related news

As ties deepen, elite U.S., Vietnam forces eye possible opening

TAMPA, Fla., May 26 - Special operations forces from the United States and Vietnam are signaling a readiness to start forging ties should their governments choose to do so, in what would be a major step in relations between militaries that were at war 4-1/2 decades ago.

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Angkormilk factory launched

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VietStock FI English 2 day(s) ago 1 related news

Angkormilk factory launched

Cambodia's first milk manufacturing plant, which aims to dominate the domestic dairy market, officially launched production operations yesterday after a ribbon-cutting ceremony held at the factory’s home in Phnom Penh SEZ.

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Sathapana Bank gets $35 million from Taiwan lenders

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VietStock FI English 3 day(s) ago

Sathapana Bank gets $35 million from Taiwan lenders

Facilitated by Taiwan’s First Commercial Bank, seven foreign banks provided $35 million in a syndicated loan to Sathapana Bank Plc, a newly formed Cambodian commercial bank, to expand its existing microfinance operations and broaden its commercial lending portfolio.

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New EIA rules for mining

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VietStock FI English 5 day(s) ago

The Ministry of Mines and Energy signed joint prakas with the Ministry of Environment to simplifying the environmental impact assessment (EIA) requirements for artisanal and small-scale mining practices.

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Turkey joins the air cargo business

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VietStock FI English 5 day(s) ago

Turkish Airlines, a member of the Star Alliance network, has become the newest player to enter into Cambodia’s air freight business after launching operations last Saturday.

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US rejects Russian proposal for joint air strikes on Syria

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Báo Thanh Niên English 7 day(s) ago

US rejects Russian proposal for joint air strikes on Syria

Moscow on Friday proposed that Russia and United States, which have been flying separate bombing campaigns in Syria, launch joint air strikes against jihadists from next week, a proposal the Pentagon swiftly rejected.

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Russian ties remain strong despite rocky deals

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Báo Đầu Tư English 1 week(s) ago 1 related news

Russian ties remain strong despite rocky deals

Vietnamese enterprises are increasing efforts to set foot in Russia to find investment opportunities as well as expand their operations.

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Pawnshops hives of criminal activity in Ho Chi Minh City: exposé

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Báo Tuổi Trẻ English 1 week(s) ago

Pawnshops hives of criminal activity in Ho Chi Minh City: expose

A large number of Ho Chi Minh City pawnshops have been labeled ‘backyards’ for criminal activity because of the number of irregularities in their business operations.

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Gov’t calls for microfinance NGOs to register with NBC

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VietStock FI English 1 week(s) ago

A government official lambasted the slow application rate for non-governmental organizations (NGOs) that operate as microfinance lenders, urging them to register with the National Bank of Cambodia (NBC).

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Yet another costly Vietnamese plant seeks gov’t help over losses

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Báo Tuổi Trẻ English 1 week(s) ago

Yet another costly Vietnamese plant seeks gov’t help over losses

A urea fertilizer plant has joined a yarn facility and a steel factory to complete a trio of multimillion-dollar projects that have been forced to shut down operations and seek government help because of heavy losses.

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Vietnam electronics retailer Nguyen Kim buys Zalora's local operations

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Báo Thanh Niên English 1 week(s) ago

Zalora, one of Southeast Asia’s biggest online fashion marketplaces, has completed a deal to sell its Vietnamese operations electronics retailer Nguyen Kim, news website VnExpress reported Sunday, quoting Zalora Group.

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Metfone stake up for grabs: sources

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VietStock FI English 1 week(s) ago

Viettel, the Vietnamese military-owned operator of Cambodia’s biggest telecom firm, Metfone, is looking to sell a stake in its Cambodia operation to raise capital for its other global ventures after the company reported its lowest growth in earnings since 2012, according to international media reports.

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Group Lease sees spike in Cambodian income

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VietStock FI English 1 week(s) ago

Thai financing firm Group Lease Plc posted a record-high 222.17 million baht ($6.3 million) net profit from its operations in the first quarter of the year, a 101.5 per cent increase from the same period a year earlier, driven by improvements in its Thai operations and a sharp increase in income from its subsidiary in Cambodia, the company said in a filing to the Thai stock exchange.

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