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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.

Vingroup and Mobile World named amongst 50 Asia’s largest listed companies

Forbes magazine has also ranked Hoa Phat Group and VietJet Aviation as rising stars to crack the Asia's Fab 50 Companies in the years ahead.

VinFast's sedan and SUV models debuted for official launch by year-end

VinFast has just debuted images of exterior design of its first two car models, which fuels the hope that Vietnam will soon have made-in-Vietnam cars not only targeted to domestic market but also exported to international markets.

Lotte to develop fintech in Vietnam after aquiring TechcomFinance

Lotte Card is going to focus on developing non-cash consumer finance and applying financial technology, commonly known as fintech or findata in Vietnam.

PMH's investor spent huge sum on acquisition deals to expand

After successful development of Phu My Hung urban zone, Taiwan-based Central Trading & Development Group has acquired projects which cover areas of hundreds of hectares in Hoa Binh, Bac Ninh and Dong Nai provinces for expansion of land fund in the future.

Vietnam's leading pay-TV K+ suffered accumulated loss of $103 million

Despite being the exclusive distributor of the Premier League in Vietnam, the leading pay-TV K+ still suffered an accumulated loss of $103 million.

VNG Corporation surpasses JD.com after purchasing Tiki's additional shares

Spending over $5.1 million to buy Vietnamese online retailer Tiki's shares, VNG now holds a 29 per cent stake, eight per cent higher than that of the second shareholder JD.com.

Phuong Nam Culture decides to completely divest from CGV Vietnam

Due to financial difficulties, Phuong Nam Cultural Joint Stock Company will sell the remaining 7.5 per cent stake in CJ CGV Vietnam Company Limited, the largest film distributor and cinema operator in Vietnam, at the expected price of VND101 billion, equivalent to $4.34 million.

AEON excels in Vietnam's cutthroat retail industry

Whilst most of retailing groups are struggling in the fierce competition of the retail industry, Aeon Vietnam is still able to gain millions of dollars after just a few years of operation.

LienVietPostBank mortgages Gov't bonds for a $50 million loan

The total value of these Government bonds is around VND1.45 trillion, equivalent to $62.3 million, higher than the value of a loan offered by JP Morgan Chase to LienVietPostBank.

Lotte Vietnam cannot offset loss despite huge increase of sale

Strong growth of sales over the past years helped Lotte Vietnam boost its profit but it still cannot offset its accumulated losses.

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