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Bamboo Airways okayed to expand fleet to 30 jets

Budget carrier Bamboo Airways has received permission to operate 30 aircraft by 2023, improving its profit-making chances.

South Korean investment fund offloads 8 pct stake in Coteccons

Korea Investment Management sold most of its stake in construction giant Coteccons after a third straight quarter of declining profits.

Shipping firm Vinalines plunges into loss

Vinalines reported a loss of VND633 billion ($27 million) in H1 after failing to sell loss-making ships whose maintenance is expensive.
August 13, 2019 | 02:32 pm GMT+7

Losses unabated for producer of Hanoi Vodka

Alcohol giant Hanoi Liquor JSC reported that its loss-making trend has continued with a VND37 billion ($1.6 million) pre-tax loss in H1.
July 20, 2019 | 08:00 am GMT+7

Once-popular karaoke brand Arirang shut down

Electronics and food retailer Phu Nhuan Service JSC (Maseco) is closing its once-popular karaoke and electronics brand Arirang.
July 15, 2019 | 02:12 pm GMT+7

Vinachem wants to sell off sinking chemical plant to pay debts

State-owned chemical group Vinachem, facing mounting pressure from debts, wants to sell a major fertilizer plant to pay them off.
March 29, 2019 | 08:22 am GMT+7

Equitized construction giant in dire financial straits

Construction giant Licogi is suffering losses, unable to repay debts, and its liquidity depends on inventory sales and receivables.
February 19, 2019 | 09:36 am GMT+7

Vietnam liquor maker makes a loss, 4 years in a row

Nation’s leading liquor maker Halico has reported a loss of VND75 billion ($3.22 million) for 2018.
January 22, 2019 | 10:24 am GMT+7

Vietnam seafood giant remains stubbornly in the red

Agifish, a major seafood company, reported a second straight year of losses in 2018 as both exports and domestic sales fell.
January 17, 2019 | 02:16 pm GMT+7

Verdict next month in taxi v ride-hailing firm trial

Claims of losses suffered by taxi firm Vinasun at the hands of ride-hailing firm Grab will be verified before verdict.
October 30, 2018 | 08:22 am GMT+7

Malaysia’s Parkson may close fifth Vietnam mall

Malaysia’s Parkson is apparently shutting down its fifth mall in Vietnam after suffering serious losses in recent years.
October 09, 2018 | 05:35 pm GMT+7

Vietnam warned it is planning one airport too many

Vietnamese provinces are proposing new airports without realizing that the country is already overloaded with these facilities, experts say.
September 28, 2018 | 08:18 am GMT+7

E-commerce giants rake in losses as market share war continues

In for the long haul, online retailers are willing to ignore losses, focusing on promotions to attract more customers.
September 05, 2018 | 12:29 pm GMT+7

Multiple Vietnamese banks report bad investments: state audit

Many of Vietnam’s major banks’ investment ventures have cost them millions of dollars.
May 22, 2018 | 11:51 am GMT+7

Multiple ministries responsible for 'illegal' state telco acquisition of pay TV firm: watchdog

The state lost over $310 million after MobiFone valued eight times over the odds for a 95 percent stake in AVG.
March 16, 2018 | 09:47 am GMT+7
 
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