what is behind pvcombanks seizure of tokyu tower

What is behind PVcomBank’s seizure of Tokyu Tower?

There is light at the end of the tunnel for apartment buyers at Tokyu Tower, which has just been seized by commercial lender PVcomBank in an attempt to tackle bad debts.
explosion and fire at canadas largest oil refinery

Explosion and fire at Canada's largest oil refinery

An explosion and fire ripped through Canada's largest refinery on Monday (Oct 8) in what the company that owns it called a "major incident."
wedding limousine crash kills 20 in new york

Wedding limousine crash kills 20 in New York

Twenty people were killed on Sunday (Oct 7) after a limousine carrying a wedding party careened out of control in what investigators described as the most deadly transportation accident in the United States for nearly a decade.
perfect storm of factors behind indonesian quake tsunami

Perfect storm of factors behind Indonesian quake-tsunami

Inadequate warning systems, a lack of education about what to do when the quake hit and a narrow bay that channelled the tsunami's destructive force - a perfect storm of factors spawned the deadly disaster in Indonesia.
story of 1mdb scandal to be made into a movie by actress michelle yeoh and crazy rich asians producers

Story of 1MDB scandal to be made into a movie by actress Michelle Yeoh and Crazy Rich Asians producers

The film rights to a book about Malaysia's 1MDB scandal have been bought by the producers of the recent box office hit Crazy Rich Asians.
diamond trimmed stilettos go on sale for us 17 million in dubai

Diamond-trimmed stilettos go on sale for US$17 million in Dubai

Gold, silk and hundreds of diamonds: a Dubai-based shoemaker has debuted what it says is the world's most expensive pair of shoes - with a whopping US$17 million price tag.
fies resist mof demands for more transfer pricing data

FIEs resist MoF demands for more transfer pricing data

Multinational companies are refusing to divulge what they deem corporate secrets in response to the local authorities’ requirement that foreign-invested enterprises provide more information on related-party transactions in order to combat transfer pricing and tax avoidance.
reasons behind major ipo failures

Reasons behind major IPO failures

Since the beginning of 2018, the initial public offerings (IPOs) of major businesses, for instance Vietnam Rubber Group, Power Generation Corporation 3 or Vietnam National Shipping Lines, saw flat results. What stands behind these failures and what lessons can be drawn?
france reverses car tyre sea sanctuary an environmental flop

France reverses car tyre sea sanctuary - an environmental flop

What seemed a like a crazy idea turned out to be just that: A 1980s experiment that saw 25,000 car tyres dumped into the crystal-clear waters of the Mediterranean to create a sanctuary for sea life off the French coast is being cleaned up after it was found to be polluting.
how does technology make lives faster and easier

How does technology make lives faster and easier?

Technology is becoming increasingly prevalent day by day, with people growing ever more reliant on it to do away with daily tasks. With the experience of organising the international campaign Taiwan Excellence in Vietnam for eight times, Richard R. C. Shih, representative of the Taipei Economic and Cultural Office in Vietnam, shared with Nguyen Huong what Vietnam needs to do to catch up to the trend of Industry 4.0.
what does the future hold for asean

What does the future hold for ASEAN?

‘The Future of ASEAN – Time to Act’report focuses on the disruptions facing ASEAN and how governments and corporates can act to ensure future growth through new and innovative strategies across seven sectors – automotive, financial services, consumer goods, medical devices, refined fuels, telecommunications and transportation.
australian cartoonist under fire for serena sketch

Australian cartoonist under fire for Serena sketch

An Australian cartoonist has come under withering criticism for portraying tennis superstar Serena Williams using - what Harry Potter author JK Rowling described as - "racist and sexist tropes".
abb powers industry 40 ambitions

ABB powers Industry 4.0 ambitions

As leaders from business, politics, science, and civil society convene at the World Economic Forum on ASEAN gathering to discuss what the future in the region may look like, ABB’s managing director for Southeast Asia Johan de Villiers told VIR’s Phuong Thu how the company’s position at the forefront of the Fourth Industrial Revolution, as well as how ABB’s offerings for the energy revolution can address the challenges being discussed.
private label segment on the rise among local retailers

Private label segment on the rise among local retailers

As the consumer demand increases, retailers are leveraging the private label market as a critical strategy to differentiate their brands in what is considered an inevitable sub-trend in the spread of modern retailing across the country, despite private labels thus far only occupying a small proportion of the Vietnamese retail market. Van Thu reports.
cross border ma deals cause unsolved tax issues

Cross-border M&A deals cause unsolved tax issues

As more foreign investors buy and sell Vietnam-based assets to and from each other, the tax issue is becoming more pressing for both deal participants and Vietnamese regulators. Disagreements remain over who will pay the tax and what rates they are subjected to.