ptsc joint venture company standing on the brink of dissolution

PTSC joint venture company standing on the brink of dissolution

The nosedive in oil price has put the hundred-million-dollar joint venture between Petrovietnam Technical Services Corporation (PTSC, code: PVS) and its Dutch partner on the brink of dissolution.
sbv may be able to purchase bank stocks under special review

SBV may be able to purchase bank stocks under special review

A proposal has been raised to allow the State Bank of Vietnam (SBV) to purchase stocks of banks under special review as a new method to handle the prolonged bad debts issue permeating the banking system.
trade war impacts us companies business on single day

Trade war impacts US companies' business on Single Day

About 50,000 US brands suffered a serious fall in business on Single Day 2019 (November 11) due to the prolonged US-China tensions.
vietnam could prove tough cookie for alibaba and amazon

Vietnam could prove tough cookie for Alibaba and Amazon

The relatively quiet waters of cross-border e-commerce in Vietnam may be stirred up with the imminent arrival of Alibaba and Amazon. However, with the locals' limited ability to purchase high-quality goods from overseas, Vietnam may not make for the easy market the giants expect.
mwg stock on the rise frt trending down

MWG stock on the rise, FRT trending down

FPT Retail’s (code: FRT) efforts to expand the Long Chau drug store chain may not be enough to balance out the performance of its stocks that hit rock-bottom since the initial listing.  
cj cgv pays thousands of usd fines for nine dash line movie

CJ CGV pays thousands of USD fines for "nine-dash line" movie

CJ CGV Vietnam has just paid VND170 million ($7,400) in administrative fines for licensing the movie Abominable that includes the argued nine-dash line on the East Sea.
vietjet increases revenue and pre tax profit by 17 per cent

Vietjet increases revenue and pre-tax profit by 17 per cent

Vietjet Aviation JSC (HSX: VJC) has announced its financial statement for 2019's third quarter. Accordingly, its air transport revenue kept growing highly with an increase of 17 per cent on-year to VND10.415 trillion ($452.83 million), and the consolidated revenue reached VND13.577 trillion ($590.3 million).
six asian investors are filing a lawsuit against huy vietnam

Six Asian investors are filing a lawsuit against Huy Vietnam

Six Asia-based investors of Huy Vietnam are filing a lawsuit against founder Huy Nhat for suddenly closing the Mon Hue restaurant chain without their permissions and any specific commercial reason.
pressures from aging people may lead uniqlo targeting vietnam

Pressures from aging people may lead UNIQLO targeting Vietnam

The increasing number of elderly people, as well as the shrinking young population in Japan, may be the main reasons pushing fast-fashion brand UNIQLO to look into other markets, including Vietnam.
coca cola and pepsico the biggest polluters across the globe

Coca-Cola and PepsiCo the biggest polluters across the globe

Coca-Cola and PepsiCo have released the greatest amount of plastic rubbish in the world, according to information published by Break Free from Plastics – a global alliance working to call attention to alarming environmental issues at corporations.
haiphong the future modern logistics centre

Haiphong, the future modern logistics centre

With support from the Embassy of Belgium in Vietnam, Deep C Industrial Zone on October 25 organised the Haiphong Sea Port and Logistics conference – one of the activities of the Vietnam-Belgium Cultural and Economic Exchange Festival held in Haiphong city on October 25-27.
akzonobel third quarter results show continued progress and innovation

AkzoNobel third-quarter results show continued progress and innovation

AkzoNobel has just announced its global results for the third quarter of 2019. The numbers showed strong growth, despite softer end-market demand.
aviva vietnam announces new appointed actuary

Aviva Vietnam announces new appointed actuary

Upon approval by the Ministry of Finance, Aviva Vietnam Life Insurance Co., Ltd. (Aviva Vietnam) has appointed Zhen Chen as its new appointed actuary. The appointment came into effect on October 8, 2019.
envirotex 2019 helps pollution treatment equipment approach vietnam

ENVIROTEX 2019 helps pollution treatment equipment approach Vietnam

ENVIROTEX 2019 on October 23-25 will be a great opportunity for manufacturers of pollution treatment equipment to approach the Vietnamese market.
impacts of the sharing economy

Impacts of the sharing economy

The sharing economy has brought countless benefits to the market, economy, consumers, as well as governments which set down the path of implementation across the globe.