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Sanofi says to reach settlement on Zantac lawsuits in US

05-04-2024 16:58

French pharmaceutical giant Sanofi said Thursday it had reached a preliminary agreement on settling thousands of US lawsuits concerning its heartburn drug Zantac.

ABBank eyes HSX listing

05-04-2024 16:23

ABBank has outlined a path to recovery, addressing financial setbacks with increased credit-risk provisioning and setting ambitious goals, including a potential Ho Chi Minh Stock Exchange (HSX) listing and a $3 billion market capitalisation. Leadership emphasises strategic shifts and transparency, with support from McKinsey, to achieve long-term success.

Sun Life's charter capital now among the top three largest in Vietnam

05-04-2024 15:15

Following approval from the Ministry of Finance, Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) announced on March 29 that the company has recently increased its charter capital from VND16.48 trillion ($660 million) to VND17.94 trillion ($718.6 million).

Pending issues will be ironed out on regulations around EPR

05-04-2024 11:37

A decree amending and supplementing articles of Decree No.08/2022/ND-CP on the elaboration of several articles of the Law on Environmental Protection is expected to be approved shortly, and details several articles of the amendments to extended producer responsibility (EPR). The technical amendments will help to facilitate the organisation of the statement authorities and implementation of the business community.

Spiritual complex on Ba Den Mountain

04-04-2024 16:15

Ba Den Mountain is not only famous for the title "Reef of Southern Vietnam" with majestic scenery but also a sacred mountain associated with the legend of Linh Son Thanh Mau Bodhisattva and a system of magnificent spriritual works.

VPBank plans compulsory acquisition of struggling credit institution

04-04-2024 15:56

VPBank has outlined documentation in its 2024 AGM of its intention to undertake a compulsory acquisition of a struggling financial institution. This move is highlighted as part of VPBank's strategic objectives for the year.

Thailand works to reduce CO2 emissions

04-04-2024 15:22

Thailand is expected to start enforcing a new law outlining measures to reduce carbon dioxide (CO2) emissions in an effort to help the state and business sectors better deal with climate change, a senior official has said.

ACB has no plans to pursue M&A

04-04-2024 15:12

In response to a shareholder inquiry regarding merger and acquisition (M&A) strategies, Tran Hung Huy, chairman of the Board at Asia Commercial Bank (ACB), disclosed that the bank has explored potential M&A opportunities but currently has no plans to pursue them.