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Vietnam’s leading taxi firm Vinasun posted VND185 billion (US$7.89 million) after-tax profit last year, which is 6.8 times higher than targeted. The taxi operator recorded profits in all four quarters of 2022 after suffering losses in 2020 and 2021 due to the Covid-19 pandemic. With efforts to recover the market …

Two Philippine air force aviators were killed in a crash Wednesday, while rescuers were searching for another plane that went missing the previous day with six people on board, authorities said. During a training, the military’s SF260 Marchetti plane plummeted onto a rice paddy in Pilar town near Manila, killing …

A drop in prices and consumption put major steel businesses Hoa Phat, Nam Kim and VNSteel in the red in the fourth quarter of 2022, dragging their annual results to the lowest level in many years. Hoa Phat, which accounts for nearly 35% of Vietnam’s construction steel market, reported a …