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Right from the beginning of 2023, many banks have announced their plans for merge and acquisition (M&A) deals and capital increase. Last week, the Board of Directors of the Vietnam National Petroleum Group (Petrolimex) approved a plan to divest capital from PG Bank, which means the bank will have a …

Vietnam’s pangasius fish export turnovers have crashed, but the possibility of large orders to the U.S. and China could reverse the trend in 2023. Vietnam’s seafood export turnover stood at less than $600 million last month, down 31% year-on-year, according to data from the Association of Seafood Exporters and Producers …

Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market as the startup grapples with a stalled shipment of its first cars and prepares for a potential stock listing. The Vietnamese company, a subsidiary …