information asymmetry and lack of knowledge hampers consumer finance

Information asymmetry and lack of knowledge hampers consumer finance

As the development of consumer finance is becoming an indispensible trend in Vietnam, the lack of financial knowledge and the lack of information to track debtors remain two of the biggest obstacles for ensuring consumers’ financial security.
bmw recall of 470 cars in vietnam may be due to fire risk

BMW recall of 470 cars in Vietnam may be due to fire risk

German car manufacturer BMW’s sudden recall of 470 cars in Vietnam may be related to the car giant’s re-exporting of 88,000 vehicles in the UK due to fire risk.
trung nguyens dreams of global ambition drown in divorce dispute

Trung Nguyen’s dreams of global ambition drown in divorce dispute

The three-year divorce dispute between Dang Le Nguyen Vu, chairman of Trung Nguyen Group, and Le Hoang Diep Thao has drowned Vu’s ambition of taking over the world-leading coffee brand Starbucks to dominate the global coffee market.
trung nguyens 752 million compensation demand in the divorce dispute

Trung Nguyen's $75.2-million compensation demand in the divorce dispute

Trung Nguyen Instant Coffee JSC (Trung Nguyen IC) has requested Le Hoang Diep Thao, the wife of Trung Nguyen Group chairman Dang Le Nguyen Vu, to pay a compensation of VND1.709 trillion ($75.2 million), more than double the investment capital of the company’s factory in Bac Giang.
banks raise fees over 55 million trash atm cards

Banks raise fees over 55 million trash ATM cards

Many banks have decided to increase banking service fees in early May. Economists suppose that the widespread use of ATM cards is the main cause behind the increases.
two civilians killed while arresting thieves deserve martyr title

Two civilians killed while arresting thieves deserve martyr title

The nation bows down in front of the memory Nguyen Hoang Nam and Nguyen Van Thoi, two civilians who died while arresting motorbike thieves in Ho Chi Minh City.
valentino creations launches 32th store and premium shirt collection

Valentino Creations launches 32th store and Premium Shirt collection

Malaysia-based fashion brand Valentino Creations officially opened its 32th store in Vietnam on the first floor of Vincom Thanh Hoa Plaza and launched its Premium Shirt collection with high-quality cotton from the world-leading garment materials supplier Tessitura Monti.
kahuna wave comes ashore in hanoi

Kahuna wave comes ashore in Hanoi

Five months since the ground-breaking ceremony of the Kahuna Ho Tram Strip real estate project, Ho Tram Project Company will hold an event at Meliá Hanoi Hotel in the morning of May 20, titled “Surf the Kahuna Wave to Prosperity” to offer its condotels and villas to buyers in Hanoi.
comvik ignores avg scandal and still wants strategic piece in mobifone

Comvik ignores AVG scandal and still wants strategic piece in MobiFone

Sweden-based Comvik Group has for the third time showed interest in becoming MobiFone’s strategic partner as the Vietnamese telecom company is in the process of equitisation. However, with the long-term difficulties of MobiFone’s value assessment as well as its controversial acquisition of AVG Group, it remains questionable whether Comvik could close the deal.
viettel fined for replacing foreign tv channels

Viettel fined for replacing foreign TV channels

After VTVcab, General Military Telecommunications Company (Viettel) will be fined for replacing a number of foreign television channels with new ones without announcing it to customers.
19 enterprises in hanoi have been dodging taxes for 2 3 years

19 enterprises in Hanoi have been dodging taxes for 2-3 years

On the Hanoi Tax Department’s list of 143 debtors in May 2018, 19 enterprises owed VND195 billion ($8.59-million) in taxes since 2015 and 2016.
lg group investigated over tax evasion allegations

LG Group investigated over tax evasion allegations

The Korean authorities’ investigation into tax evasion at the country’s fourth biggest group, LG Group is causing a stir. The corporation promises full cooperation, as it did in Vietnam, when LG Electronics Vietnam Co., Ltd. was caught out by tax authorities.
indochina capital crowned at asia pacific property award

Indochina Capital crowned at Asia-Pacific Property Award

Indochina Capital has just won the Property Consultancy category of Asia-Pacific Property Awards 2018-2019, the most prestigious industry award in the region.
miniso and mumuso flogging chinese goods in vietnam

Miniso and Mumuso flogging Chinese goods in Vietnam?

Not including Vietnamese labels and selling Chinese goods under Korean and Japanese brands are the newest scandals erupting from several stores of Korea-based Mumuso, Japan-based Miniso, and Daiso in Vietnam.
agribank to increase service fees after account hacking

Agribank to increase service fees after account hacking

After 12 accounts have been compromised and withdrawn money from in late April, Agribank has just announced to increase service fees, aiming to upgrade its banking system, especially at ATM machines.