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Bamboo Airways will take off by year end

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.

Suspended online payments through scratch cards catalyses Mobifone’s plunge

Mobifone's revenue and profit sharply decreased after this network operator had suspended online payments via scratch cards, challenging the completion of its 2018 business plan.

Seven out of ten largest retailers come from consumer electronics

According to Retail Asia's recent report, electronic retailers as Mobile World, FPT Shop, Nguyen Kim Trading and Vien Thong A are in the top ten retailers of Vietnam in 2017.

Japanese corporation acquires Fecon Mining

Japanese firm Asia Pile Holding, through its member Phan Vu Investment Corporation, will purchase a 51-per cent stake in Fecon Mining Joint Stock Company, the largest pre-stressed concrete pile producer in the north of Vietnam.

Earning millions of dollars, H&M and Zara set firm foothold in Vietnam

According to Zara's sales report, its revenue in Vietnam in first half of this year reached around $41 million, which is double the figure in 2017.

Vietnamese online travel app raised Swiss investor's funding in its $45 million market capitalization

Vietnam's well-known hotel booking site has successfully raised funding from Switzerland-based IHAG Holding in a round that sees its valuation rise to $45 million.

Tough competition threatens solid position of Eurowindow in plastic door market

The leading manufacturer of plastic doors with reinforced steel Eurowindow JSC is coping with tough competition from its rivals with foreign imported products and its market share is likely to be endangered.

FLC Group officially launches Bamboo Airways

Bamboo Airways' first flights are scheduled in October and the airline plans to open 37 domestic and international routes in the near future.

Is Jetstar Pacific impeding Vietnam Airlines’ growth?

Within five years after being operated by Vietnam Airlines, Jetstar Pacific has never competed with VietJet Air and it also broke loss records even though its revenue has grown in line with the overall trend of the market.

Vietnam's mobile market heats up with foreign players

Despite being considered to reach a saturation point, the Vietnamese mobile market remains to be a fertile land which is experiencing a tough battle with dominance of foreign players across various market segments.

E-commerce marketplace Sendo enjoys $51-million investment

Sendo Technology JSC, the operator of online trading platform Sendo, announced that it has secured an investment of $51 million from existing partners and especially new investors namely SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures.

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