sovereign funds sell down stocks for gold

Sovereign funds sell down stocks for gold

The first quarter of this year saw a shift in money flows from sovereign funds, with most opting for gold instead of stocks as before, leading to the lowest holding rate of shares since 2014.
pandemic restricting local oil groups

Pandemic restricting local oil groups

The return of coronavirus in Vietnam is once again dragging down local oil businesses as a silver lining for their recovery has been rocked.
covid 19 knocks out over 9000 companies a month across vietnam

COVID-19 knocks out over 9,000 companies a month across Vietnam

While Vietnam has fared better than most in the face of COVID-19, it has not gotten away scot-free as can be seen in the 9,000 companies closing every month this year.
logos plans to pour 400 million in vietnam

LOGOS plans to pour $400 million in Vietnam

Australian real estate group LOGOS is the latest name shifting business to Vietnam as US-China tensions are growing fiercer.
vng on a bumpy road in 2020

VNG on a bumpy road in 2020

This year may not be one of prosperity for VNG as the local unicorn has been constantly beset by adversities in recent months.  
microsoft in merger talks with tiktok

Microsoft in merger talks with TikTok

Microsoft has retained its ravenous appetite for social networking sites, as reflected by the recent merger talks with Chinese platform TikTok.
gold on the rise as covid 19 insecurities mount

Gold on the rise as COVID-19 insecurities mount

The local gold prices have been skyrocketing after new infection cases were announced in Danang a few days ago.
zalo shop has been operating e commerce without a licence

Zalo Shop has been operating e-commerce without a licence

As e-commerce platforms are awash with fake and low-quality goods, Zalo Shop was recently discovered not to have been licensed for operation in Vietnam.
msh purchased wall street english vietnam with the million us dollar losses

MSH purchased Wall Street English Vietnam with the million-US dollar losses

Wall Street English Vietnam has officially fallen into the hands of Myanmar Strategic Holdings (MSH) after reporting a net unaudited deficit of $1.4 million for the past fiscal year.
f88 distributes 87 million worth of bonds through three rounds of issuance

F88 distributes $8.7 million worth of bonds through three rounds of issuance

F88 completed three rounds of bond issuance worth VND200 billion ($8.7 million) with the annual interest rate of 12.5 per cent.
banks pump out bonds as trade will soon be restricted

Banks pump out bonds as trade will soon be restricted

Banks have stepped on the gas in bond issuance in the first half in anticipation of regulatory amendments which will impose restrictions on bond trading from early September.
ios update reveals zalo and others encroaching on user privacy

iOS update reveals Zalo and others encroaching on user privacy

Zalo and other applications are encroaching on the privacy of users by automatically collecting data from the temporary storage (the Clipboard) and copy-pasting text into the offending apps.
bidv puts nam son arrears on trade to resolve bad debt

BIDV puts Nam Son arrears on trade to resolve bad debt

With the bad debts dragging BIDV down, forcing the bank to recently put the debts of Nam Son Trading Development and Construction JSC (Nam Son) on sale.
bank accounts of local advertisers to be drained for facebook and google tax arrears

Bank accounts of local advertisers to be drained for Facebook and Google tax arrears

Dozens of thousands of local advertisers of Facebook and Google are on edge since the Law on Tax Administration has come into force on July 1.
applying carbon credit in solid waste treatment

Applying carbon credit in solid waste treatment

The Ministry of Construction on July 4 organised a consultation workshop on applying a carbon credit system in the management of urban solid waste. This is part of the Partnership for Carbon Market Readiness (PRM) project.