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Vietnam Airlines encounters difficulty due to high fuel prices

Vietnam Airlines encounters difficulty due to high fuel prices

The average fuel price in the third quarter rose by 37.5 per cent over the same period, which caused the total cost of Vietnam Airlines to increase higher than its total revenue.

BIDV seeks 15 per cent share sale to KEB Hana

South Korea's KEB Hana Bank will spend $650-700 million to acquire a 15 per cent stake in BIDV.

Paradise Group debuts internationally with Vietnamese restaurants

The luxury hospitality group behind some of Vietnam’s finest restaurants is taking its recipe for success global, opening two more dining establishments on its home turf before expanding its culinary footprint in China and Singapore early next year.

Accor reveals aggressive hotel network expansion in Vietnam

The largest international hotel operator in Vietnam has just set out an ambitious plan to add 18 hotels with more than 5,800 rooms over the next two years.

FPT education segment increased dramatically due to student enrollment

FPT Education delivered a strong enrollment growth of 50 per cent compared to the same period of last year.

Vietnam's biggest construction contractor hopes to get benefits from trade tension

The move to industrial park construction can be considered as a new step for Coteccons in the context that domestic demand for residential real estate is gradually saturated.

Deposits into LienVietPost bank plummeted by over $800 million

The total deposits from customers in LienVietPost bank decreased by nearly VND19 trillion, equivalent to over $815 million in the third quarter of this year and the bank entered into a credit contract with JPMorgan Chase Bank to improve mobilization structure, according to its recently released financial report.

KIDO shrinks as foreign rivals heat up

After three quarters, KIDO Group Corporation, an integrated food and beverage consumer company, has just met nearly half of its annual revenue target.

Vietnam's largest pangasius exporter enjoys benefit of trade war

Export volume of Vinh Hoan can reach nearly 81,000 tons this year, up 4.8 per cent and an equivalent revenue of $413 million, up 6.7 per cent year over year.

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.

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