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Ho Chi Minh City’s Bui Thi Xuan High School has been disciplining mischievous students by sending them to the library to read books in place of other punishments. The school in Ho Chi Minh City’s District 1 has been applying the new solution for the last month to students who …

Mercedes distributor Haxaco reported a 92% year-on-year fall in pre-tax profits in the first quarter to VND5.6 billion ($238,750). Amid an industry-wide decline in sales, Haxaco’s revenues plummeted by 40% to VND992 billion. High interest rates and the difficult economic situation caused sales of the luxury brand to drop, the …

Brewer Sabeco said its after-tax profit rose by 40% last year to VND5.5 trillion. Vietnam’s biggest brewer had net revenues of VND34.98 trillion, an increase of 32% from 2021. These are significant achievements compared to the 2021 results. The 2022 profit figure was the highest in the history of the …