As a socially responsible insurer, Hanwha Life Vietnam has joined the Vietnamese government in the fight against the coronavirus (COVID-19) pandemic and has quickly changed its business strategy to ensure sustainable development during these tough times.

Since the onset of the coronavirus (COVID-19) outbreak, Mondelēz International – one of the world’s largest snacks companies – has been committed to supporting organisations responding to food instability and emergency relief by making $15 million in financial and in-kind donations through Mondelēz International Foundation.

The initiative not only reflects the company’s commitment to communities where Sabeco operates, but also to its ecosystem of subsidiaries and suppliers as the aid programme is a part of Sabeco’s efforts to help relevant stakeholders sustain businesses and ensure stable work for employees in these difficult circumstances.        

FE XCELERATE is just the first of many FE CREDIT initiatives to engage and make greater contributions to  Vietnam’s startup ecosystem. The company envisages implementing more and more such programmes in the future to introduce best solutions to the market.  

According to a recent announcement of Thanh Cong Textile Garment Investment Trading JSC (TCM), its foreign business partner Sears Holdings has filed for bankruptcy. Two of Sears Holdings’ member units – Sears and Kmart – regularly make transactions with TCM and contribute about 7 per cent of the latter’s revenue. VIR talks with Tran Nhu Tung, member of TCM’s board of management, about potential impacts on TCM.

Starting with an initial investment of just VND2 billion ($88,106), after 16 years of operation, Duc Viet Food JSC, known by its familiar brand name Duc Viet Sausage, was successfully acquired by Daesang Group of South Korea for a total purchase price of VND700 billion ($30.84 million). Hua Xuan Sinh, vice chairman of the Board of Directors cum general director of Duc Viet since establishment, has shared three tips that helped the company achieve miracle growth. Starting with an initial investment of just VND2 billion ($88,106), after 16 years of operation, Duc Viet Food JSC, known by its familiar brand name Duc Viet Sausage, was successfully acquired by foreign investors for a total purchase price of VND700 billion ($30.84 million). Hua Xuan Sinh, vice chairman of the Board of Directors cum general director of Duc Viet since establishment, has shared three tips that helped the company achieve miracle growth.  

FLC Group expects its new mega hotel in the central province of Binh Dinh's Quy Nhon town to continue the "no-vacancy" track record of other FLC hotels as the company remains optimistic of the potential for tourism in Vietnam.

Vietcombank has appointed CEO Pham Quang Dung as its new chairman.

Pham Thi Thu Diep, country general manager of IBM Vietnam, talked with VIR’s Hoang Anh about her experiences of navigating the overwhelmingly male-dominant IT landscape.

With a strong foundation built on academic excellence and a formidable professional track record, Pham Nhu Anh assumes the role of new CEO at Military Commercial Joint Stock Bank (MB), poised to steer the bank towards greater achievements.

Cooperation activities between Vietnam and the US continue to develop deeply in all fields, particularly in investment and finance, with businesses of the two countries playing a very important role, said Prime Minister Pham Minh Chinh.

The National Assembly (NA) adopted a resolution on the election of Pham Minh Chinh as the Prime Minister for the 2016 – 2021 tenure on April 5 afternoon.

Siemens has appointed Pham Thai Lai as the new CEO of Siemens ASEAN and Singapore, effective from November 1.

Vinhomes officially approved the proposal of former chairman Pham Nhat Vuong and replaced the chairman of the board of directors as well as the general director.

A special music show to honour one of Việt Nam’s great composers, Phạm Duy, will be held at the Soul Convention Complex on September 9.