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China sanctions Pelosi over Taiwan visit: foreign ministry

China sanctions Pelosi over Taiwan visit: foreign ministry

China’s foreign ministry announced sanctions against U.S. House Speaker Nancy Pelosi on Friday, after her visit to Taiwan this week prompted fury and shows of military force from Beijing. The ministry said Pelosi was “seriously interfering in China’s internal affairs and seriously undermining China’s sovereignty and territorial integrity” with the …

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VNG losses deepen on ZaloPay

VNG losses deepen on ZaloPay

Tech unicorn VNG posted a consolidated loss of VND372 billion ($15.9 million) for Q2 after making a provision of VND595 billion for its investment in Zion, operator of e-payment service ZaloPay. Its gross revenue only fell 1.8% to over VND2 trillion, but gross profits tumbled by 16% to VND884.8 billion …

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VN-Index ends 4-session gaining streak

VN-Index ends 4-session gaining streak

Vietnam’s benchmark VN-Index dropped 0.11 percent to 1,252.74 points Friday after four sessions in the green. The index closed 1.4 points lower after gaining 4 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 8 percent to VND15.56 trillion ($665 million). The VN-30 basket, comprising …

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