Business

Promoting Transformation of Trading Technology R&D and Service HONG KONG SAR – Media OutReach Newswire – 23 January 2024 – International Genius Company (“IGC” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0033.HK) is pleased to announce that, on 22 Jan 2024 (after trading hours), Gold Collection …

Steel giant Hoa Phat Group saw post-tax profits plummet to a six-year low of VND6.8 trillion (US$276.71 million) last year. Sales fell by 16% to VND120 trillion in a year of declining steel prices, according to its earnings report released Monday. Production was down 10% to 6.7 million tons of …

HONG KONG SAR – Media OutReach Newswire – 23 January 2024 – In a time where children are facing various challenges, Hong Kong Committee for UNICEF (UNICEF HK) is delighted to announce that ARTOX GROUP has joined us to address the critical needs of vulnerable children globally. ARTOX GROUP, in …

SINGAPORE – Media OutReach Newswire – 23 January 2024 – Fourteen years ago, a spark ignited in the heart of Singapore’s tech scene. Driven by a “Challenger Spirit” and a mission to “Deliver solutions with passion and genuine care for your business growth,” Vinova wasn’t just another IT startup. It …

Prince Holding Group’s Program to Support 400 Students for Seven Years with $2 Million Investment PHNOM PENH, CAMBODIA – Media OutReach Newswire – 23 January 2024 – Prince Foundation, the philanthropic arm of Prince Holding Group, is excited to open online applications for the third batch of the prestigious Chen …

Banks must disclose the information of shareholders owning 1% or more stakes in the lenders, along with the investors’ associates, starting July, according to a new regulation. The latest changes in the Law of Credit Organizations, which were approved by the National Assembly last Thursday, aim to tighten regulations on …

After six failed attempts due to lack of bidders, lender BIDV plans to again try and auction a yacht belonging to embattled company FLC. The FLC Albatross will have a reserve price of VND23.2 billion (US$945 million), 36% less than last time. The state-owned lender will hold the auction in …

The U.S. dollar rose slightly against the Vietnamese dong Tuesday morning as it steadies around the highest since early November. Vietcombank sold the dollar at VND24,730 Tuesday, up 0.10% from Monday. The State Bank of Vietnam’s reference rate was steady at VND24,030. The greenback was unchanged on the black market …

A seafood processing factory in the central province of Quảng Ngãi. Vietnamese exporters are urged to foster seafood shipments to Switzerland. — VNA/VNS Photo Đinh Hương HÀ NỘI — Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said. Nguyễn Đức …

La Quoc Truong, chairman of HCMC-based finance company Capel Group JSC, solicited deposits from hundreds of people, and appropriated over VND700 billion (US$28 million) of the money. Trương, who allegedly ran a Ponzi scheme, was arrested Monday for the fraud. He solicited deposits from hundreds of people promising very high …