Techcombank has sold its building in Hanoi for VND1.7 trillion (US$72.49 million), making a profit of over VND730 billion. It had bought the building on 191 Ba Trieu Street in Hai Ba Trung District 10 years ago from conglomerate Vingroup, changed its name to Techcombank Tower and made it its …
Read More »OnePlus Founder Shares Ten-Year Anniversary Open Letter on Community Forum
SHENZHEN, CHINA – Media OutReach – 1 December 2023 – OnePlus, the global mobile technology company, is thrilled to announce its ten-year anniversary, commemorating a decade of disruption and innovation in the smartphone industry. The journey, which began with a vision to deliver the best in smartphone technology, has been …
Read More »Vietnam auto sales decline drags it down to 5th place in Southeast Asia
A slump in auto sales last quarter pushed Vietnam from fourth to fifth place in Southeast Asia. Vietnam has for years been the fourth largest auto market in the region after Indonesia, Thailand and Malaysia, but suffered a 25% drop in sales in the first three months this year. Only …
Read More »Feed producer Nova Consumer posts Q1 loss
Animal feed producer Nova Consumer posted its first loss after going public at VND7.6 billion ($324,127) in the first quarter this year. The loss came on rising expenses, mostly loan interest. In the first quarter it borrowed over VND1.3 trillion and had to pay VND300 million in interest every day. …
Read More »Belarus-Việt Nam forum sets path to stronger trade and economic ties
The Việt Nam Expo 2023 will provide a platform for Belarusian companies to present their goods and services. — Photo Việt Nam Expo 2023 organising board HÀ NỘI — The Belarusian-Vietnamese Forum, a platform aimed at fostering bilateral trade and economic cooperation, will feature at the highly anticipated International Trade Fair “Việt …
Read More »Electricity price rises 3%
The cost of electricity will increase 3% starting Thursday, due to rising input and production costs. The hike to VND1,920.37 (8.2 cents) per kWh, excluding VAT, decided by Vietnam Electricity (EVN) and approved by the Government and the Ministry of Industry and Trade marks the end of four years of …
Read More »Gasoline prices drop to near four-month low
Gasoline prices on Thursday fell by more than 5% to the lowest since mid-January. Starting from 3 p.m. RON95 declined by 5.5% to VND22,320 per liter. Biofuel E5 RON92 also dropped by 5.5% to VND21,430. Diesel fell 5.9% to VND18,250, a new low since the beginning of the year. The …
Read More »Vietnam sees 41 new projects abroad licensed in last four months
In the first four months of this year, Vietnam saw 41 new projects abroad licensed with the investment from Vietnam reaching $140 million, a decline of 51% compared with that of the same period last year. Investment capital adjustments were made at 11 projects, increasing by $13.5 million in capital. …
Read More »Vietnam’s coffee export could reach $4B
Domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over $4 billion this year. According to Mercantile Exchange of Vietnam (MXV), Robusta averaged $2,564 per tonne as of April 24 on ICE Futures Europe, which increased by nearly 40 compared to …
Read More »Trend Micro Achieves AWS Built-In Competency to Simplify and Accelerate Cloud Success
Customers can deploy pre-selected AWS services and Trend software within minutes HONG KONG SAR – Media OutReach – 1 December 2023 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, a global cybersecurity leader, today announced it has achieved the Amazon Web Services (AWS) Built-in Competency in …
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