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With few passengers, Hanoi train routes suffer losses

Three railroad routes from Hanoi to northern localities suffer combined losses of VND30 million ($1,290) a day due to low demand. 

Web dramas win millions despite losses, censors fret

Financial losses are not stopping increasing numbers of Vietnamese artists from investing in YouTube films. The exposure can pay off in the future. 

Currency printer reports H1 loss

The National Banknote Printing Press has reported a VND11 billion ($475,000) H1 loss, down from VND60 billion ($2.6 million) in H1 2018 profit.
August 19, 2019 | 05:11 pm GMT+7

Coffee King: Trung Nguyen needs 2-3 years to recover from divorce

Vietnam’s coffee king says it will take several years to reverse damage caused to the business by his divorce.
June 11, 2019 | 10:49 am GMT+7

PetroVietnam risks losing hundreds of millions of dollars invested abroad

Eleven of PetroVietnam’s 13 foreign oil and gas exploration and extraction projects are at risk of losing their investment.
March 16, 2019 | 08:32 pm GMT+7

Trade wars cost U.S, China billions of dollars each in 2018

The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture.
December 29, 2018 | 04:11 pm GMT+7

Phuong Nam makes distress sale of stakes in CGV cinemas

Phuong Nam Culture Joint Stock Co. planned to sell its remaining 7.5 percent stake in Vietnam’s largest cinema chain, CGV.
September 03, 2018 | 06:32 pm GMT+7

Tiki.vn attracts investors despite $26 million in accumulated losses

The rapid growth of e-commerce in Vietnam has not translated into profits for leaving local brands, but they continue to get huge investment. 
July 10, 2018 | 12:12 pm GMT+7

Vietnamese SOEs losing millions from foreign investment projects

Poor judgment and lack of experience in foreign markets have been blamed for the losses.
May 12, 2018 | 09:00 pm GMT+7

Former oil honcho implicates ex-PM in massive Vietnam graft case

Dinh La Thang was chairman of PetroVietnam before his career took off as transport minister under PM Nguyen Tan Dung.
March 19, 2018 | 05:49 pm GMT+7

Cost of climate disasters to reach half of US growth in a decade: report

In the next decade, economic losses and health costs due to climate disasters are projected to reach at least $360 billion annually.
September 28, 2017 | 08:41 am GMT+7

Vietnam energy giant tries to bail from sinking shipyard after years of debts and losses

PetroVietnam does not expect to recoup its million-dollar investment in the business.
August 29, 2017 | 10:07 am GMT+7

Vietnam’s leaders say no rescue for state-run factories with massive losses

The Communist Party’s decision-making body has ordered the trade ministry to quickly end business ventures that are in the red.
June 21, 2017 | 01:56 pm GMT+7
 
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