Business

Personal data of over 200 users of cybersecurity firm BKAV were published on online recently, the second time this year the company has faced security concerns. Vietnamese internet users Tuesday found the data has been published on a data trading website Sunday by a user called seasalt123. The user said …

Vietnam’s benchmark VN-Index dropped 0.07 percent to 1,477.67 points Wednesday, continuing sideways, with trading value rising double-digit. The index started off in the green but dipped gradually throughout the day to close one point lower in its eighth consecutive session in the 1,470 range. Trading value on the Ho Chi …

Sportswear maker Nike is confident the resumption in production in Vietnam will boost the company’s future recovery. “Compared to ninety days ago, we are increasingly confident supply will normalize heading into fiscal 2023” as all factories in Vietnam were operational and production was at about 80 percent of what it …

Vietnam’s biggest e-wallet company, MoMo, said it had raised $200 million from four investors led by Mizuho Bank, pushing its valuation above $2 billion. The consortium of investors also comprised Ward Ferry Management and existing shareholders Goodwater Capital LLC and Kora Management, MoMo said in a statement Tuesday. The exact …

Manufacturers at the VSIP I and II industrial parks are operating at a gradual pace to regain growth momentum in the last months of the year. About 98 percent of enterprises at VSIP I, II in Binh Duong have reopened. Employees have returned to work, and commodity flow has been …

The Covid-19 pandemic made 2021 a challenging year for companies, but many managed to make strategic changes to overcome what were unprecedented restrictions. The year started off on a positive note, and the Purchasing Managers Index hit 51.3 in January and climbed to 54.7 in April, despite the closure of …

Thai Vietjet, a subsidiary of Vietnamese airline Vietjet Air, will launch a direct flight connecting Bangkok and Phu Quoc Island from Dec. 30. The new direct route would allow Thai tourists to visit Phu Quoc, Vietnam’s largest island off the Mekong Delta province of Kien Giang, under a vaccine passport …

Steel giant Hoa Phat Group has received a permit to build a VND2.4 trillion ($104.64 million) container manufacturing plant in the southern province of Ba Ria-Vung Tau. The plant, when complete, will have the capacity to produce 500,000 twenty-foot equivalent units (standard size) a year. After the first phase, the …

Cryptocurrency mining app Pi Network has disappeared from Google Play Store for Android devices, making investors concerned about the future of the project. “I cannot download the app. I am worried all my mining efforts up until now would be thrown away,” said Le Tu in the southern province of …

Vietnam’s benchmark VN-Index rose 0.1 percent to 1,478.74 points Tuesday with foreign investors net buying for the first time after seven sessions. The index climbed up to 1,485 points in the early afternoon but selling pressure dragged it down quickly to close one point higher. This was its seventh session …