ho chi minh city and binh duong drop out of pci top 10

Ho Chi Minh City and Binh Duong drop out of PCI top 10

In the 2019 Provincial Competitiveness Index (PCI) released yesterday (May 5), Binh Duong province and Ho Chi Minh City dropped to the 13th and 14th, with significant improvements reported in other cities and provinces.
hdbank joins contour network to improve letters of credit issuance

HDBank joins Contour network to improve Letters of Credit issuance

HDBank has joined open trade finance network Contour to extend trade financing to more corporations. This addition to Contour’s blockchain-based network further strengthens its offering to the trade finance industry.
gtnfoods still in red after massively profitable first quarter

GTNFoods still in red after massively profitable first quarter

Despite a 2.3-fold rise in after-tax profit in the first quarter, GTNFoods (code: GTN) has still lost VND195 billion ($8.5 million) in accumulated profit.
kpmg vietnam and community partners stage laptop donation for school children in need

KPMG Vietnam and community partners stage laptop donation for school children in need

Under the strategic partnerships with Saigonchildren, Microsoft Vietnam, and Dariu Foundation in Vietnam, KPMG delivered the first round of 50 laptops donated from its staff across offices in Hanoi, Ho Chi Minh City, and Danang to school students selected by Saigonchildren and Dariu Foundation.
us provides 95 million to vietnams fight against the pandemic

US provides $9.5 million to Vietnam's fight against the pandemic

Vietnam will receive aid worth $9.5 million from the US to combat COVID-19 and support economic recovery.
pharmacity chain reports 115 million in net loss in 2019

Pharmacity chain reports $11.5 million in net loss in 2019

Rapidly extending the sales network of Pharmacity has burned most of the company's investment capital, resulting in a loss of VND265 billion ($11.5 million) in 2019.
vingroup completes two vsmart ventilator models for hostpital use

Vingroup completes two VSmart ventilator models for hostpital use

Designed to reach international standards, VSmart VFS-410 and VFS-510 will not only be able to serve during the treatment of COVID-19, but can also be used at the Intensive Care Units (ICU) of every hospital and health facility.
aviation industry spirals deeper than worst case scenario forecasts

Aviation industry spirals deeper than worst-case scenario forecasts

The Ministry of Transport assessed that the aviation industry has suffered the worst impact by the global coronavirus pandemic, with performance dropping below the most pessimist forecasts from February. This prompted the Ministry to revise its estimates for the full year, to only 43 million arrivals, only half of the volume last year.
pernod ricard contributes to fight against covid 19 pandemic

Pernod Ricard contributes to fight against COVID-19 pandemic

Pernod Ricard has handed over thousands of N-95 masks and protective suits worth more than $55,000 to local health facilities, contributing to Vietnam’s campaign against the COVID-19 pandemic.
hundreds of lg experts from south korea isolated

Hundreds of LG experts from South Korea isolated

240 South Korean experts of LG Group who arrived at Van Don International Airport have already been quarantined, following the regulations.
vietnams top e commerce enabler raised over 8 million in series a funding

Vietnam’s top e-commerce enabler raised over $8 million in Series A Funding

Vietnam-based e-commerce enabler OnPoint closed its Series A funding round with over $8 million to accelerate its revenue growth and develop an innovative e-commerce solution for its roster of blue-chip clients.
vietnam extends another quarantine exception for arriving samsung experts

Vietnam extends another quarantine exception for arriving Samsung experts

Despite the travel restriction in Vietnam to prevent infection risks, Samsung Electronics has received another exception for its engineers, who are allowed to skip quarantine after entering the country.
pyn elite fund withdraws from long term investments

PYN Elite Fund withdraws from long-term investments

PYN Elite Fund recently divested from a series of stocks they held for a long time like HUT, VNE, SVC, DIC, and MWG, in preparation for new opportunities once the pandemic passes.
us government supports vietnams to fight against covid 19 with 45 million

US government supports Vietnam's to fight against COVID-19 with $4.5 million

The $4.5 million fund earmarked for Vietnam is part of the $508 million that the US Department of State and the US Agency for International Development (USAID) committed to emergency health, humanitarian, and economic assistance for communities around the world dealing with the pandemic.
ktg energy launches free solar power panel offers for businesses

KTG Energy launches free solar power panel offers for businesses

The solar power initiative of KTG Energy in industrial zones will save hundreds of thousands of dollars for businesses, as well as give them a chance to find a use for their unused roofs.