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Samsung tops Vietnamese smartphone market

Samsung tops Vietnamese smartphone market

Samsung increased its market share to 33 percent in the second quarter to become the largest smartphone brand in Vietnam.
VinaCapital buys stake in Hanoi private hospital

VinaCapital buys stake in Hanoi private hospital

VinaCapital has acquired a 30 percent stake in Thu Cuc International General Hospital in Hanoi for $26.7 million.
August 13, 2020 | 10:30 am GMT+7
HSBC is first foreign bank to issue bonds in Vietnam

HSBC is first foreign bank to issue bonds in Vietnam

HSBC issued VND600 billion ($25.7 million) worth of bonds on Monday, becoming the first foreign bank to do so in Vietnam.
August 12, 2020 | 11:33 am GMT+7
Coal supplier to sue Vietnam Electricity for delayed payment

Coal supplier to sue Vietnam Electricity for delayed payment

A coal supplier has sued national utility Vietnam Electricity (EVN) for payment of VND208 billion ($9 million) under a power plant supply contract.
August 12, 2020 | 08:20 am GMT+7
Covid-19 resurgence clips Vietnam Airlines wings again

Covid-19 resurgence clips Vietnam Airlines wings again

A recent increase in Vietnam Airlines flights has been blocked with the rising number of Covid-19 infections, threatening to undermine its recovery plans.
August 11, 2020 | 09:34 am GMT+7
Vietnam refinery trials Russian Sokol crude oil

Vietnam refinery trials Russian Sokol crude oil

The Dung Quat refinery has processed Russian Sokol crude oil on trial basis to diversify resources.
August 10, 2020 | 06:54 pm GMT+7
Pesticide producers’ profits plummet as Covid-19 hits farming

Pesticide producers’ profits plummet as Covid-19 hits farming

Pesticide companies saw revenues and profits plunge in the first half of the year as the Covid-19 outbreak took a toll on agriculture.
August 10, 2020 | 12:16 pm GMT+7
Saigon zoo operator posts $800,000 loss

Saigon zoo operator posts $800,000 loss

The Saigon Zoo-Botanical Garden Company Ltd reported a loss of VND18.8 billion ($809,000) for the first half of the year as Covid-19 kept people away from its zoo.
August 10, 2020 | 10:07 am GMT+7
Vinamilk records double digit growth in Q2 despite pandemic

Vinamilk records double digit growth in Q2 despite pandemic

Vinamilk's early response to Covid-19 has seen the Q2 net revenue of its domestic business increase by 10.5 percent and export earnings by 26.8 percent over Q1.
August 10, 2020 | 03:00 pm GMT+7
Toyota Vietnam recalls 2,700 cars over faulty airbags

Toyota Vietnam recalls 2,700 cars over faulty airbags

Toyota Vietnam is recalling over 2,700 Vios and Corolla sedans for airbag faults that can cause severe damage to users in the event of a crash.
August 09, 2020 | 02:42 pm GMT+7
Seven state companies in HCMC post losses

Seven state companies in HCMC post losses

Seven out of 47 Ho Chi Minh City-based public companies reported losses for the first half of 2020.
August 08, 2020 | 11:45 am GMT+7
'Tripod' strategy a Vinamilk cash cow

'Tripod' strategy a Vinamilk cash cow

Quality raw materials and modern production technology, alongside a strong domestic foundation have helped dairy giant Vinamilk navigate Covid-19 impacts.
August 08, 2020 | 08:00 am GMT+7
Vietjet to sell all treasury stock

Vietjet to sell all treasury stock

Budget carrier Vietjet is seeking to sell its treasury stock to a strategic investor to raise working capital as the Covid-19 pandemic hits revenues.
August 06, 2020 | 05:30 pm GMT+7
Vietnam Airlines to cut salaries of pilots, flight attendants by half

Vietnam Airlines to cut salaries of pilots, flight attendants by half

Vietnam Airlines, whose revenues have nosedived due to the Covid-19 crisis, plans to cut the salaries of pilots and flight attendants by around half.
August 06, 2020 | 11:23 am GMT+7
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