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Seedcom Joint Stock Company, owner of The Coffee House and delivery company AhaMove, reported a loss of VND287 billion (US$11.96 million) for the first half, a 11% rise year-on-year. Seedcom CEO Nguyen Hoanh Tien told VnExpress that the losses stemmed from two reasons, the first being the intensified investment and …

French energy firm Engie said Tuesday that Russian energy giant Gazprom was slashing its natural gas deliveries “due to a disagreement between both sides over the execution of contracts”. Engie added in a statement that Russian gas supplies had already been reduced drastically after Russia attacked Ukraine in February. “Engie …

Nidec Servo Vietnam, a HCMC unit of Japanese motor manufacturer Nidec Servo, and its workers are in disagreement over salary hikes. Some 1,000 staff of the company went on strike last Thursday over pay and benefit demands. The workers want the factory manager to scrap the flat raise of VND260,000 …