tiki and sendo cancel merger deal

Tiki and Sendo cancel merger deal

Tiki and Sendo have blown the retreat on their merger deal after failing to satisfy all shareholders with the terms as COVID-19 has pushed investors to adopt a more risk-averse stance.
new zealand and vietnam commit to strategic education partnership

New Zealand and Vietnam commit to strategic education partnership

The renewal of a Strategic Engagement Plan on Education will see the education relationship between New Zealand and Vietnam prosper with a rich, two-way exchange of knowledge, students, and skills under a number of initiatives.
new national strategy sought to root out data pitfalls

New national strategy sought to root out data pitfalls

How to protect personal data has been raised by local experts as one of the biggest issues to tackle as digital transformation becomes an increasing priority in Vietnam.
new york cos collapse a heavy hit to song hong garment

New York & Co's collapse a heavy hit to Song Hong Garment

Song Hong Garment is looking at bleaker prospects after the collapse of New York & Co, its largest overseas partner, fearing a scenario akin to that experienced by Thanh Cong Textile Garment Investment with Sears.
virtual network developers face big vietnam task

Virtual network developers face big Vietnam task

Setting up mobile virtual network operators could be the only chance for newcomers to enter Vietnam’s telecommunications market, but the move could be very risky.
urc receives record fine for food safety violations

URC receives record fine for food safety violations

Deputy chief inspector of the Ministry of Health Nguyen Van Nhien has issued a fine of VND5.826 billion ($259,743) on drink producer URC Hanoi Co., Ltd. (URC Hanoi) for violating food safety regulations, according to newswire Cafef.vn.
moodys rewards techcombanks performance

Moody’s rewards Techcombank’s performance

Moody's Investors Service has upgraded the long-term deposit and issuer ratings of Vietnam Technological and Commercial Joint Stock Bank (Techcombank) from B3 to B2.
bank of tokyo mitsubishi to raise its stake in vietinbank

Bank of Tokyo Mitsubishi to raise its stake in VietinBank

VietinBank shareholders have approved the bank’s plan to raise chartered capital by selling common shares to its Japanese strategic partner.
running to tackle npls head on

Running to tackle NPLs head on

The State Bank’s measures to deal with non-performing loans have shown initial positive results, State Bank Governor Nguyen Van Binh told the National Assembly last week.
banks get nod to muscle up credit growth

Banks get nod to muscle up credit growth

The State Bank is approving more banks to raise credit growth, but the banking system’s lending is unlikely to exceed the targeted 8-10 per cent growth for 2012.