25-07-2018 16:00
The Ministry of Industry and Trade has upheld a decision to impose inspections on Mumuso Vietnam, signalling the first step in handling the selling of Chinese goods under South Korean and Japanese brands in some store chains across the country.
25-07-2018 09:04
At the end of July Hanoi People’s Court will start the closing trial for the case of Phan Van Anh Vu and other defendants charged with “deliberately disclosing state secrets”.
25-07-2018 08:20
Audi, a subsidiary of Volkswagen, has recalled over one million vehicles since April, with the latest 20 being in Vietnam due to a failure in their cooling system.
21-07-2018 07:50
Mumuso is facing a fine of VND100 million ($4,440) by the Ministry of Industry and Trade (MoIT) due to the company’s unlawful practice of deliberately misleading consumers as to the origin of its goods or providing insufficient information.
18-07-2018 11:46
Despite suffering losses over the past seven years domestic e-commerce platform Tiki continues to carry out its market expansion plan, recently launching its first cross-border channel with significant support from Chinese giant JD.com.
17-07-2018 16:47
Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, today completed the acquisition of Bradford Networks, further enhancing the Fortinet Security Fabric by converging access control and IoT security solutions to provide large enterprise with broader visibility and security for their complex networks.
17-07-2018 12:21
It seems Thai giant Central Group may have made a big mistake in buying 49 per cent of domestic electronic retailer Nguyen Kim. The company has shown many negative business signs, including potentially being prohibited from doing business due to tax evasion.
17-07-2018 12:14
By registering its business licence in South Korean despite manufacturing goods in China, Mumuso has entered the Vietnamese market, where Japanese and South Korean goods are popular. However, this strategy means the brand faces some risks in accordance with Vietnamese law.
15-07-2018 11:39
As investing in blockchain is becoming a new trend among firms, the domestic personnel shortage in the industry has been a headache, despite repeatedly posting recruitment notices offering $2,000-3,000.
12-07-2018 17:51
With the announcement to open 1,000 coffee shops in China, Trung Nguyen International (under Trung Nguyen chairman’s wife Le Hoang Diep Thao) is declaring war on its parent company Trung Nguyen Group.
12-07-2018 16:39
More than one year after applying for a business licence, domestic real estate giant FLC Group’s Bamboo Airways airline has been officially granted the aviation business license for the duration of 50 years from July 9, 2018.
11-07-2018 19:01
As non-cash payments are the next new thing in Vietnam, will it be necessary for banks to increase service fees for ATM maintenance?
10-07-2018 19:06
As startup enterprises are commonly suffering losses, with examples of firms running in the red for an entire decade, Tiki may have a long three years ahead.
10-07-2018 18:51
Domestic electronic retailer Nguyen Kim, in which Thailand-based Central Group holds 49 per cent, has just been imposed an administrative fine and collected tax arrears of VND148 billion ($6.5 million).
08-07-2018 16:08
As internet steadily replaces traditional text messages and calls as well as smart phones are overwhelmingly popular in the market, mobile operators find it a must to come out with low-cost 3G and 4G packages.