Corporate News, Latest Business

Quality Vietnamese apparel still favoured abroad

By Nha Phuong July 11, 2024 | 15:00

Vietnam’s biggest apparel association has denied that the garment and textile industry is losing its competitive advantage in the United States.

Pharmacies under pressure with new warehouse rules

By Bich Thuy July 11, 2024 | 11:05

While expected to facilitate activities for modern pharmacy retail chains, the draft amendments to the Law on Pharmacy are causing concerns over new business conditions for warehouses if adopted.

Further expectations about legal changes for FIEs

By Bich Thuy July 11, 2024 | 10:57

With legal improvements in the draft amendments to the Law on Pharmacy 2016, foreign-invested enterprises are expected to get thumbs-up for future performance. Darrell Oh, chairman of the Pharma Group, discussed with VIR’s Bich Thuy about what lies ahead.

Potential FIE impacts through Law on Pharmacy adjustments

By Thanh Hai July 11, 2024 | 10:32

The newest amendment draft of the Law on Pharmacy (LoP), proposing changes to 44 out of 116 articles from the current law, has been published for feedback and is expected to be adopted soon.

Vietnam registers only one IPO in first half of 2024

By Thanh Van July 10, 2024 | 19:22

Vietnam recorded just one initial public offering (IPO) in the first half of this year, as the downward trend continued in the IPO market.

MobiFone wins C3 band block auction

By Bich Thuy July 10, 2024 | 19:19

MobiFone won an auction to claim the C3 band block (3800-3900 MHz) on July 9, laying the foundations for the group to fast-track 5G commercialisation nationwide

Honda Motor to reduce car production in Thailand

By VNA July 10, 2024 | 13:00

Honda Motor announced on July 9 that it will cease vehicle production at its Ayutthaya factory in Thailand by 2025 to focus on consolidating operations at the Prachin Buri plant, also in the Southeast Asian country.

Microsoft seals carbon capture deal with Occidental

By AFP July 10, 2024 | 12:00

Tech giant Microsoft on Tuesday inked a record carbon capture agreement with Occidental Petroleum subsidiary 1PointFive, as major technology companies grapple with the growing carbon footprint of artificial intelligence.

Retailers advocate for green habits

By Mai Anh July 10, 2024 | 10:14

Vietnamese retailers are leading efforts to promote eco-friendly shopping habits, with major companies implementing initiatives to reduce plastic waste and encourage sustainable consumption.

F&B businesses reluctant to embrace franchising

By Hoang Minh July 09, 2024 | 16:57

The F&B industry in Vietnam is continuing to play it cautiously when it comes to franchising.

Formosa Ha Tinh reports loss of nearly $666.7 million in 2023

By Nguyen Kim July 09, 2024 | 16:36

Formosa Ha Tinh Steel JSC reported a loss of VND15.7 trillion ($654.16 million) in 2023, doubling the figure of 2022, while revenue decreased by 3.2 per cent.