Ericsson posts $1bn quarterly loss on Vonage write down
By AFP
July 12, 2024 | 16:14
Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.
Stellantis, BMW recall 725,000 US autos over airbag issues
By AFP
July 12, 2024 | 15:51
Automakers Stellantis and BMW recalled around 725,000 autos for problems related to airbags, according to documents released Wednesday by federal safety officials.
Zamil Steel appoints Swain Ajaya Kumar general director
By Vy Bui
July 12, 2024 | 15:06
The new Zamil Steel appointment is effective from July.
Morinaga Zero Fat Drink Yogurt launches in Vietnam
By Ha Thuy
July 12, 2024 | 15:00
The drinking yogurt market in Vietnam is expected to grow rapidly over the next five years.
Nearly 43,000 online sellers under tax review
By Trung Duong
July 12, 2024 | 09:44
Vietnam's General Department of Taxation is reviewing over 42,000 businesses and individuals that sell good online.
Samsung's South Korean workers strike: five things to know
By AFP
July 12, 2024 | 09:34
Thousands of South Korean workers at the world's largest chipmaker, Samsung Electronics, have gone on an "indefinite" strike their union says will hit production of crucial high-tech semiconductors.
Time is now for Vietnam to fully cultivate AI talent
By Vy Vy
July 11, 2024 | 19:00
Vietnam is well-positioned to fully develop AI talent through government support, international collaboration, and an influx of foreign experts.
Samsung showcases AI despite strike woes
By AFP
July 11, 2024 | 17:37
Despite an unprecedented strike at home in South Korea, Samsung Wednesday showcased the deployment of artificial intelligence (AI) across a range of its consumer electronic products as it looks to extend its leadership in global smartphone sales.
EU accepts Apple plan to open iPhone tap-to-pay to rivals
By AFP
July 11, 2024 | 17:28
The EU on Thursday approved Apple's offer to allow rivals access to the iPhone's ability to tap-to-pay within the bloc, ending a lengthy probe and sparing it a heavy fine.
Garment orders rise but costs still surge
By Nguyen Thu
July 11, 2024 | 16:00
Vietnam’s garments and textiles have witnessed a bright picture so far this year, but the remaining months could be difficult if the industry is to reach its annual target.
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.
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