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Japan’s Lion Corp plans to buy a 36% stake in Vietnamese company Merap to expand its presence in Southeast Asia. The deal is set to be completed in March for an disclosed sum, the Japanese company said in a statement. Ho Chi Minh City-based Merap, whose products include nasal sprays, …

At over VND25.5 trillion (US$1.09 billion), information and technology accounted for 58% of tech giant FPT’s revenues last year. Pre-tax profits were up 22.2% at VND3.42 trillion, or 45% of total profits. Revenues shot up by 23.4% to VND44 trillion and profits by 20.8% to VND7.6 trillion. Sales in key …

Pacific island nations are urging Japan to delay the release of water from the destroyed Fukushima nuclear power plant over fears fisheries will be contaminated, the Pacific Island Forum (PIF) said on Wednesday. The Japanese government said last week that water from the destroyed Fukushima nuclear power plant could be …