FPT profit up 28 percent in 9 months

Vietnamese IT giant FPT Corporation posted a 28 percent increase in pretax profit in the first 9 months of the year, mainly contributed by its technology sector.

Starbucks closes seven Hanoi stores over contaminated water

Coffee shop giant Starbucks has temporarily closed seven stores in Hanoi’s southwestern districts over the ongoing oil contamination crisis.

Amazon has no specific time frame for Vietnam website

A senior Amazon official says the firm sees Vietnam's potential, but has not decided on a time to launch services for Vietnamese buyers.
October 18, 2019 | 05:18 pm GMT+7

Uniqlo to open first Vietnam store in Saigon

Japanese casual wear retailer Uniqlo plans to open a 3,000-square-meter store in downtown HCMC at the end of this year.
October 18, 2019 | 01:05 pm GMT+7

Hanoi water supplier’s soaring profits

Hanoi’s main water supplier, recently in trouble for contaminated tap water, has been reporting rising profits for years on surging demand.
October 17, 2019 | 06:21 pm GMT+7

South Korean firm seeks majority stake in Vietnam’s Mercedes-Benz dealer

A South Korean firm is seeking to acquire a 51 percent stake in Haxaco, a leading Mercedes-Benz car dealer in Vietnam.
October 16, 2019 | 07:25 pm GMT+7

Grab tests new bus booking service in Vietnam

A new service, now available on Grab’s app, allows customers to look at schedules and book tickets from the ride-hailing giant’s partner bus operators.
October 14, 2019 | 08:23 pm GMT+7

VinaCapital led consortium invests $21.4 mln in leading packaging firm

An investors’ consortium led by Vietnam-based VinaCapital fund has agreed to invest $21.4 million in packaging firm Ngoc Nghia.
October 14, 2019 | 07:25 pm GMT+7

Aircraft abandoned in Hanoi airport worth over $73,000

A valuer has determined that the Boeing-727 abandoned for 12 years at the Noi Bai airport is worth VND1.7 billion ($73,000).
October 14, 2019 | 03:50 pm GMT+7

Vietcombank first local lender to open Australia branch

Vietcombank, one of Vietnam’s leading banks, has received approval from the central bank to open a branch in Australia.
October 11, 2019 | 07:26 pm GMT+7

THACO reports lowest 6-month profit in 5 years

Auto firm THACO reported a 40 percent fall in half-yearly profits to VND1.83 trillion ($78.8 million), the lowest in five years.
October 11, 2019 | 02:15 pm GMT+7

Grab launches first shared kitchen in Vietnam

Grab launched a shared kitchen in Vietnam on Tuesday to cater to the growing demand for food delivery.
October 10, 2019 | 04:03 pm GMT+7

Vietnam Airlines raises pilots’ salaries to ward off poachers

Vietnam Airlines has hiked pilots’ salaries nine months ahead of schedule to prevent other carriers from poaching them.
October 10, 2019 | 12:08 pm GMT+7

Siemens eyes $1.8-bln gas-fired plant in Vietnam

German industrial conglomerate Siemens wants to build a $1.5-1.8-billion gas-fired power plant in central Vietnam.
October 09, 2019 | 08:59 pm GMT+7

Owners distraught over impending closure of Hanoi Train Street cafés

Authorities’ decision to close the coffee shops on Hanoi Train Street has come as a blow, according to their owners.
October 09, 2019 | 07:45 pm GMT+7
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