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Domestic taxi firms unite to compete with Grab

Domestic taxi firms unite to compete with Grab

"Vietnam Taxi Alliance", a gathering of 17 domestic taxi companies nationwide, has just made its debut and operated on EMDDI platform, a ride-hailing application developed by programmers from Hanoi National University.

Fast food foreign chains’ slow pace

Fast lifestyle and a changing consumption trend have become the motive force for the fast food boom, but when entering Vietnam, world famous brands seem not to catch on very well.

Top instant noodle producer UNIBEN's profit falls short despite $110 million revenue

High cost of sales leads to rather modest profits of UNIBEN over the last few years, even lower than the profit of Miliket, an effete brand.

Bamboo Airways will take off by year end

The new airline Bamboo Airways, owned by FLC Group, has just announced that its first commercial flight will be moved to the fourth quarter of this year other than on this October 10 as initially scheduled.

French giant retailer to open 300 supermarkets in Vietnam

Auchan Retail Vietnam would have to face great challenges in an increasingly competitive market if it wants to reach the target of expansion.

Vingroup retail subsidiary acquires Fivimart

All 23 Fivimart stores will be intergrated into Vingroup’s system and renamed to Vinmart soon.

HSBC Vietnam launched 24/7 e-customs payment service

HSBC’s new service is expected to shorten customs procedures for import – export activities of businesses, reduce storage costs and enhance the overall customer experience.

Great opportunities for foreign investors in Vietnam's education

With 41 per cent of the population aged within the golden demographic and the rapid increase in high net worth individuals’ and middle-class families, Vietnam is becoming a fertile land for foreign investors to jump in education projects as regulations are stimulating.

HDBank plans to mobilize $300 million from offshore

The bank is planning to issue convertible bonds worth $300 million to supplement its operating capital while improving its capital adequacy ratio and lessening the maturity risk on the balance sheet.

Amazon – Alibaba competition toughens in Vietnam and Southeast Asia

Two e-commerce giants Amazon and Alibaba are prompting significant moves to dominate Vietnam and Southeast Asia market.

Piaggio's sale plummeted but still recorded profit

Although Piaggio's sale in Vietnam decreased sharply compared to previous years, its profit still reached $17-21 million per year in the last three years.

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