VIB to acquire Ho Chi Minh City branch of Commonwealth Bank

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam International Bank (VIB) has reached an agreement with the Commonwealth Bank of Australia (CBA) to acquire its Ho Chi Minh City branch, the local commercial lender announced without disclosing the value of the deal on Monday.

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McDonald's shuts 41 Delhi restaurants over expired licenses

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Báo Đầu Tư English 3 month(s) ago

NEW DELHI: McDonald's India said on Thursday (Jun 29) it has temporarily closed 41 restaurants in Delhi due to expired licenses in a major blow to the brand's ambitions in the fast-growing Indian market.

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Nội Bài airport tells airlines to reduce delays

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Báo Đầu Tư English 3 month(s) ago

The Nội Bài International Airport has asked all domestic airlines to improve operations so as to cut down on the increasing number of flight delays recorded recently.

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FDI in Hanoi lifts city to new highs

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Báo Đầu Tư English 3 month(s) ago 1 related news

With its great economic and geographic potential, Hanoi has increasingly become more critical to the investment strategy of foreign investors, many of whom are planning large-scale operations in the city. Ha Tung reports.

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Vietnam’s environment protection chief dismissed over Formosa disaster

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Báo Tuổi Trẻ English 3 month(s) ago

A chief of environmental protection operations under Vietnam’s Ministry of Natural Resources and Environment has been dismissed for his management oversight that had led to the Formosa disaster last year.

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KDC shareholders agree to lift foreign ownership limit

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Báo Đầu Tư English 3 month(s) ago

Vietnam's leading food firm KIDO Corporation (KDC) will increase the foreign ownership limit to enhance operations, and to gain capital for expansion investments as well as mergers and acquisitions.

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GM brings Thailand operations under Vietnamese management

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Báo Đầu Tư English 3 month(s) ago

Sumimoto Ishii, managing director of GM Vietnam, has been appointed as managing director of GM Thailand and interim managing director of Chevrolet Sales Thailand, with immediate effect. Ishii will act in this dual role to ensure the continuity of GM’s business in Thailand.

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Honey farmers decry unofficial police ‘beekeeping fee’ in central Vietnam

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Báo Tuổi Trẻ English 3 month(s) ago

Beekeepers in the north-central Vietnamese province of Ha Tinh are speaking out about a ‘beekeeping fee’ they say local police are imposing on their operations.

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Palo Alto Networks releases next-gen security platform

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Báo Đầu Tư English 3 month(s) ago

Palo Alto Networks (NYSE: PANW), the next-generation security company, today announced advancements to its next-generation security platform that extends the ability of customer organisations to safely enable applications, including SaaS options, content, and users, regardless of location; prevent successful cyberattacks; simplify security operations; and securely embrace the cloud.

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Ho Chi Minh City mulls over sidewalk rental plan after 'clearing campaign' ends

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Báo Tuổi Trẻ English 3 month(s) ago

Residents of Ho Chi Minh City may be able to operate their businesses on local sidewalks for a fee, as part of a new proposal.

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Logistics opportunities spur multinational M&A

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Báo Đầu Tư English 4 month(s) ago

A growing number of foreign logistics companies are expanding operations to and inside Vietnam through merger and acquisition deals to lower operational costs and cash in on market opportunities.

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Formosa steel plant in Vietnam restarts after toxic spill

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Báo Tuổi Trẻ English 4 month(s) ago

Formosa Plastics Group's steel plant in Vietnam restarted on Monday after its operations were halted for causing one of the country's worst environmental disasters, local media reported.

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Maritime police receives cutter USCGC Morgenthau

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Báo điện tử CP English 4 month(s) ago 2 related news

VGP – The United States Coast Guard (USCG) handed over cutter USCGC Morgenthau (WHEC 722), the eighth of twelve 378-foot dual-powered turbine/diesel Hamilton-class high to the Viet Nam Coast Guard in Honolulu (Hawaii) on May 25 (local time).

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Jabil expands facility footprint in Saigon Hi-tech Park

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Báo Đầu Tư English 4 month(s) ago

Jabil Circuit, Inc. (NYSE: JBL), held a groundbreaking ceremony today for its new facility at the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City. The event marked the expansion of Jabil Vietnam’s operations to a total of 413,000 square feet of building space at the park.

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Lotte Vietnam on losing streak since operations began

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Báo Đầu Tư English 4 month(s) ago

Since entering the Vietnamese market in 2006, Lotte Mart Vietnam has never had profit.

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