Foreign investment buttresses Vietnam's transformation to high performing economy

Foreign investment buttresses Vietnam's transformation to high performing economy

Vietnam’s transformation towards a high performing economy sees continued foreign investment in post-Covid-19 pandemic.
SoftBank to sell US$21 billion in T-Mobile shares

SoftBank to sell US$21 billion in T-Mobile shares

TOKYO: Japanese tech investment behemoth SoftBank Group said Tuesday (Jun 23) it will sell T-Mobile shares worth more than US$21 billion as it sheds assets to shore up its financial health.
WeWork and VNPAY-affiliated SoftBank loses $2 billion in Vision Fund

WeWork and VNPAY-affiliated SoftBank loses $2 billion in Vision Fund

SoftBank Group Corporation, a shareholder of VNLIFE (the parent firm of VNPAY and WeWork), has reported $2.05 billion of loss in its Vision Fund’s investments.
WeWork unveils its two upcoming locations in Ho Chi Minh City

WeWork unveils its two upcoming locations in Ho Chi Minh City

WeWork has announced its upcoming second and third locations in Ho Chi Minh City, at Sonatus, opening in November and Lim Tower 3, opening in February 2020.
WeWork plans to cut 4,000 jobs worldwide

WeWork plans to cut 4,000 jobs worldwide

WeWork is planning to cut approximately 4,000 jobs as part of an aggressive turnround plan put in place by SoftBank.
SoftBank in talks to take control of WeWork

SoftBank in talks to take control of WeWork

Japan-based SoftBank is ready to buy a controlling stake in WeWork, providing the shared office space startup desperately needed funding at a slashed valuation, a source told AFP on Monday (Oct 21).
WeWork’s fate uncertain after IPO fail

WeWork’s fate uncertain after IPO fail

One of the biggest US-based coworking space operators has pulled out of its initial public offering in the United States, causing widespread surprise.
WeWork founder Adam Neumann removed from Forbes' billionaire list

WeWork founder Adam Neumann removed from Forbes' billionaire list

Forbes on Thursday lopped more than $3 billion from its estimated net worth of WeWork co-founder Adam Neumann as the company faced skepticism regarding its future.
WeWork opens first co-working site in Vietnam

WeWork opens first co-working site in Vietnam

WeWork, the platform for creators that provides the space, community and services to help people make a life, not just a living, announced the official opening of its first Vietnam’s location in E. Town Central in Ho Chi Minh City’s District 4.
WeWork makes official debut in Vietnam

WeWork makes official debut in Vietnam

WeWork, will open its first co-working space in Vietnam, at E-Town Central in Ho Chi Minh City’s District 4.
Co-working spaces shine  as global giants approach

Co-working spaces shine  as global giants approach

Despite the fact that co-working spaces have been developing at a fast pace, operators are facing fierce competition to maintain a steady position in both Hanoi and Ho Chi Minh City.