ubers war on the world spells its doom

Uber’s war on the world spells its doom?

Uber’s recent technology moves, including first self-driving and now flying cars, have earned it a fair share of sceptics who doubt their feasibility and, consequently, how long Uber as a company will last if proceeding in this direction.
vietjet the hottest stock on february 28 update

Vietjet the hottest stock on February 28 (update)

Vietjet stock (HoSE: VJC) is the hottest of all the listed companies’ stocks today as investors were still queueing to buy three million of the stocks as of the end of the trading session.
theatre chains battling it out over vietnam

Theatre chains battling it out over Vietnam

While foreign movie theatre chains, with their modern equipment and friendly staff, have long ago taken the market from the hands of low-quality state-owned players, the recent closing of the bulk of Platinum movie theatres shows that the battle for customers is far from over.
temasek sees no way out from falling debtor

Temasek sees no way out from falling debtor

Temasek sees no way out of falling debtor Hoang Anh Gia Lai (HoSE: HAG), except to exchange some of its HAG bonds into stocks of HAG subsidiary HAGL Agrico (HoSE: HNG) at a price higher than its current market price.
petrolimex reports 50 per cent growth in net profit ahead of listing

Petrolimex reports 50 per cent growth in net profit ahead of listing

Vietnam National Petroleum Group (Petrolimex), the biggest fuel distributor in Vietnam and where JX Nippon Oil and Energy Corporation is the sole foreign investor besides the Vietnamese government, reported a net profit of VND5.16 trillion ($226 million), up 50 per cent on-year, before its planned listing by the end of March.
45 billion petrochemical complex looks to get back on track

$4.5 billion petrochemical complex looks to get back on track

The $4.5 billion Long Son Petrochemical Complex in the southern province of Ba Ria-Vung Tau is in the process of picking contractors for main components so as to ensure the project to get back on its right track.
toshiba troubles casts doubt on vietnamese plans

Toshiba troubles casts doubt on Vietnamese plans

Toshiba’s colossal losses and the resulting distrust of creditors may negatively affect its operations in Vietnam and raise questions about the future of its plans here.
vietnamese auto manufacturer loses 11 million in fire

Vietnamese auto-manufacturer loses $11 million in fire

An earlier fire this month at Truong Hai Auto Corporation (Thaco)’s factory in the central province of Quang Nam caused VND250 billion ($11 million) in damages to the company.
condom maker to buy infant formula producer mead johnson

Condom maker to buy infant formula producer Mead Johnson

British consumer goods company Reckitt Benckiser, the producer of Durex condoms and Air Wick fresheners, has agreed to buy Mead Johnson Nutrition, the maker of Enfamil baby formula, in a $16.6 billion deal.
toyota reign showing cracks

Toyota reign showing cracks

Though the Toyota Vios model still ranked first in terms of sales in 2016, other Toyota cars that topped the charts in 2015 were bumped down and some disappeared from the top 10 best selling cars in Vietnam in 2016.
total drops deal to buy petronas vietnam lpg operations

Total drops deal to buy Petronas’ Vietnam LPG operations

Totalgaz Vietnam Limited Liability Company (TGV), a subsidiary of French integrated oil and gas corporation Total, has terminated the agreement to buy Thang Long LPG Co., Ltd., the liquefied petroleum gas (LPG) storage and bottling subsidiary of Malaysian oil and gas company Petroliam Nasional Berhad (Petronas).
dai nam racecourse opens without gambling

Dai Nam racecourse opens without gambling

On January 29, the Dai Nam racecourse started operation at the Dai Nam tourism zone in Hiep An commune, Thu Dau Mot city in Binh Duong province.
coca cola vietnam more than double investment in hanoi plant

Coca-Cola Vietnam more than double investment in Hanoi plant

As reported by newswire dantri.vn, Coca-Cola Vietnam has just announced that it would more than double its investment in the Coca-Cola project in Hanoi to $580 million.
international booking sites have to pay vat cit in vietnam

International booking sites have to pay VAT, CIT in Vietnam

As reported by newspaper Vietnamnet, the Ministry of Finance has just asked booking sites that allow tourists to book hotel rooms in Vietnam to calculate and pay their value-added tax (VAT) and corporate income tax (CIT).
vietnamese partner to major car manufacturers targets modest growth in 2017

Vietnamese partner to major car manufacturers targets modest growth in 2017

Vietnam Engine and Agricultural Machinery Corporation (VEAM) aims for a revenue of VND11.812 trillion ($523.51 million) in 2017.