Business

The cooperation between DTS Group and Cornwalls is expected to connect startups and entrepreneurs in Vietnam, help them transform and scale-up internationally. Within the framework of cooperation, the event “Global Finance and Business Management” was held recently to provide more information about finance and corporate governance, opening opportunities for startup …

The Hanoi Stock Exchange has restricted trading in VTR stock of tour operator Vietravel on the UPCoM market to Friday sessions from Sept. 13 on account of negative equity. As of June 30, Vietravel’s equity was a negative VND104 billion ($4.42 million), and its accumulated losses were around VND300 billion …

Japanese retailer Aeon launched a new label in Vietnam, focusing on cheap everyday clothing, as an answer to brands like H&M or Uniqlo. The new lineup, called My Closet, features around 400 items that cost 50%-75% that of its competitors, targeting 16- to 24-year old women, a group of consumers …

BIDV has announced it would seize the gold-plated luxury Rolls-Royce Ghost of former chairman of FLC Group to settle the firm’s debt. The red car produced in 2011 in the U.K. made its debut in Vietnam in 2013, registering its license plate in mid-2018. The car serves as collateral for …

Up to 90% of foreign direct investment (FDI) enterprises in a Ho Chi Minh City-based hi-tech Park have not invested in research and development (R&D), said a local expert. Most FDI firms in Saigon Hi-Tech Park have made use of preferential treatment in terms of land and labor to produce, …

Up to 90% of foreign direct investment (FDI) enterprises in a Ho Chi Minh City-based hi-tech Park have not invested in research and development (R&D), said a local expert. Most FDI firms in Saigon Hi-Tech Park have made use of preferential treatment in terms of land and labor to produce, …

Online purchasing power among Vietnamese remains stable despite higher inflation and easier travel with Covid under control, said Lazada CEO. At a forum held earlier this month in Singapore, James Dong, CEO of online trading platform Lazada, said Vietnamese still actively engage in online shopping because the local economy is …

U.S. business groups warned on Friday a new regulation in Vietnam that will make technology firms store data locally and set up a local office was creating uncertainty and could have a “considerable impact” on investment. In a joint letter to Prime Minister Pham Minh Chinh, the U.S. Chamber of …

The number of new retail stock accounts registered in August dropped to 152,398, the lowest monthly figure recorded since October. This was the third decline in a row, according to data from Vietnam Securities Depository. It is 68% lower than the record high figure in May, when over 476,000 new …

Trung Nguyen and Highlands Coffee are the leading coffee chains in Vietnam in terms of number of outlets, recognition, and popularity, a Q&Me survey has found. The survey found that only Trung Nguyen and Highlands Coffee have more than 400 outlets in the country, far surpassing nearest competitor The Coffee …