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Vincom Retail saw its post-tax profit last year plunging 45 percent year-on-year to VND1.32 trillion ($58 million) amid a lease reduction to support businesses affected by the pandemic. The retail real estate arm of conglomerate Vingroup stated it had spent a total VND2.12 trillion on lease discounts last year to …

  Solar panels. Illustrative image. VNA/VnExpress News Photo HÀ NỘI — Thai energy company Banpu PCL has agreed to acquire the companies holding a 50MW portfolio of two solar parks in Việt Nam in a deal worth US$26.7 million, according to the company. The two are the 15MW Chu Ngọc …

Hotels and restaurants in China’s big cities are bracing for a rush of guests over the Chinese New Year as people forced by Covid-19 curbs to give up plans to go home for family reunions opt instead to stay put and celebrate in other ways. But local governments are advising …