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.
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.
Auchan Retail Vietnam would have to face great challenges in an increasingly competitive market if it wants to reach the target of expansion.
All 23 Fivimart stores will be intergrated into Vingroup’s system and renamed to Vinmart soon.
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.
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.
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.
Two e-commerce giants Amazon and Alibaba are prompting significant moves to dominate Vietnam and Southeast Asia market.
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.
Apart from being under the financial pressure of unprofitable business in Vietnam, Grab is also facing fierce competition from the domestic emerging ride-hailing apps such as Go-Viet, Fastgo.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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