money burning race of super apps set to last

Money burning race of super apps set to last

Vietnam is considered an attractive market with massive potential for the development of super apps. However, looking back on the past year, super apps still face difficulties in acquiring market share, despite burning through tremendous amounts of capital.
thadi acquires 24 per cent stake in hung vuong

Thadi acquires 24 per cent stake in Hung Vuong

Right after signing the strategic co-operation contract, Thadi – a subsidiary of Truong Hai Auto Corporation (THACO) – has completed the purchase of 24 per cent of the treasury shares in Hung Vuong Corporation for VND430 billion ($18.7 million), which sets a solid foothold in the agricultural sector.
market share of vsmart sees soar

Market share of Vsmart sees soar

The market share of the Vsmart smartphone brand developed by VinSmart, an arm of Vingroup, was reported to increase by 6 per cent, catching up with Apple at the end of 2019.
tiger beer uncages local street football talents with 3 pitches for communities

Tiger Beer uncages local street football talents with 3 Pitches for communities

Tiger Beer is building three football pitches across Vietnam in Long An, Hue, and Nam Dinh as part of its commitment to football development in Vietnam and to give back to society.
11 imported pork for the new year

$1.1 imported pork for the New Year

The increase of cheap pork imports will contribute to dealing with the lack of pork during the Lunar New Year holiday.
new swing towards strict biosafety breed methods

New swing towards strict biosafety breed methods

With the increase of the diseases like African swine fever, biosafety is now a priority in controlling the expansion of epidemics and improving breeding efficiency, with the added benefit of massive savings on veterinary expenses.
phu yen lures in 156 billion in large projects in 2019

Phu Yen lures in $1.56 billion in large projects in 2019

In 2019, the central province of Phu Yen attracted 15 large-scale projects, including eight projects proposed by private enterprises and seven state-owned projects.
ceo of ride hailing service be resigns

CEO of ride-hailing service Be resigns

Tran Thanh Hai, CEO of the ride-hailing service Be, has stepped down after two years at the head of the service, which he joined in the beginning days.
fortinet acquires soar provider cybersponse

Fortinet acquires SOAR provider CyberSponse

The combination of Fortinet and CyberSponse will equip security analysts across organisations of all sizes with a powerful, patented solution that is unique and differentiated. After the acquisition, CyberSponse will further extend the automation and incident response capabilities of FortiAnalyzer, FortiSIEM and FortiGate, for example, and further simplify security operations.    
gojek to stop several lifestyle golife services due to grown stagnant

Gojek to stop several lifestyle GoLife services due to grown stagnant

The closure of several lifestyle GoLife services owned by Indonesian ride-hailing decacorn Gojek may ring the alarm for other supper apps in other countries, including Vietnam.
sk establishes 850 million fund to invest in vietnam

SK establishes $850 million fund to invest in Vietnam

Building on its already tremendous investment in Vietnam and the active support from local authorities, SK Group established a $860 million investment fund, half of which it plans to establish in Vietnam.
usaid launches new psa to tackle rhino horn consumption

USAID launches new PSA to tackle rhino horn consumption

Launching new public service announcements (PSA) to tackle rhino horn consumption, USAID is sending the overarching message of "Chi drives" – the concept that success, masculinity, and good fortune come from an individual’s strength of character and not from the use of illegal wildlife products.
fortinet and siemens partner to provide best in class protection for operational technology networks

Fortinet and Siemens partner to provide best-in-class protection for operational technology networks

Siemens joined the Fortinet fabric-ready technology alliance partnership programme and announced an integrated security solution and worldwide bundle partner agreement to support OT/ICS environments.
oil and gas companies make an effort to build enterprise culture

Oil and gas companies make an effort to build enterprise culture

Building and consolidating the brand is now see as a compulsory mission and a part of the long-term development strategies of companies, including oil and gas companies.
ibms chapter 2 in digital transformation era

IBM’s chapter 2 in digital transformation era

Via focusing on three cores namely digital and AI, hybrid cloud and responsible stewardship, IBM commits to be the chapter 2 of the path to active digital transformation partner of Vietnam.