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Heavy losses force Vinachem to close fertilizer plant

Heavy losses force Vinachem to close fertilizer plant

Operations at state-owned Vietnam National Chemical Group (Vinachem)’s fertilizer plant have finally come to a halt after mounting losses in recent years.
Global markets wrap up: Asian shares poised for weekly loss, Fed talk lifts dollar

Global markets wrap up: Asian shares poised for weekly loss, Fed talk lifts dollar

Asian shares edged up on Friday but were on track for a weekly loss, while the dollar was poised for a winning week as comments from a key Federal Reserve official led to increased betting on the Fed hiking interest rates as early as next month.
May 20, 2016 | 08:40 am GMT+7
Samsung Vietnam reports massive loss following Galaxy Note 7 scandal

Samsung Vietnam reports massive loss following Galaxy Note 7 scandal

Samsung was forced to recall 2.5 million units globally.
December 21, 2016 | 02:00 am GMT+7
Vietnam Airlines concerned about losses from first direct flights to US

Vietnam Airlines concerned about losses from first direct flights to US

Passenger shortages and turbulent competition could lead to annual losses of $30 million in the first five years.
January 16, 2018 | 10:56 am GMT+7
Multiple ministries responsible for 'illegal' state telco acquisition of pay TV firm: watchdog

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
Multiple Vietnamese banks report bad investments: state audit

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

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
Vietnam warned it is planning one airport too many

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
Malaysia’s Parkson may close fifth Vietnam mall

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
Verdict next month in taxi v ride-hailing firm trial

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
Vietnam seafood giant remains stubbornly in the red

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

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
Equitized construction giant in dire financial straits

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
Vinachem wants to sell off sinking chemical plant to pay debts

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
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