20-05-2017 09:01
Ford Motor Company has announced plans of cutting some 1,400 white-collar jobs in North America and Asia. The company will offer voluntary early retirement and other financial incentives to managers and other non-production workers in a bid to shore up its sagging stock price.
18-05-2017 13:28
Tetra Pak, the world’s leading food processing and packaging solutions company, has launched its first Asia-based Customer Innovation Centre (CIC) in Singapore, to address the evolving needs of the fast-growing Asian markets.
16-05-2017 22:04
South Korea has done extraordinarily well in the first quarter of 2017, leading to an unusually high number of corporations breaking the KRW1 trillion threshold in quarterly operating profit. While the usual annual crop is about 3-4 companies, this year a stellar nine enterprises reached the dream.
10-05-2017 09:51
On May 4, 2017, a Missouri court ordered Johnson and Johnson to pay $110 million in damages to Lois Slemp for developing ovarian cancer after decades of using talc-based feminine hygiene products. This was the largest sum awarded to date in the five talc trials since 2016. While the classification of talc as a carcinogen is mired in scientific (and political) debate, the decision is expected to bring about a landslide of further lawsuits, adding to the 2,400-3,000 already filed proceedings.
28-04-2017 18:14
Today, Moody’s Investors Service has reaffirmed the Vietnamese government’s B1 issuer and senior unsecured ratings and revised the outlook to “positive” from “stable,” lauding its strong performance in foreign direct investment (FDI) attraction, macroeconomic and external stability, as well as recognising the likelihood that government debt will be stabilised at around current levels.
07-04-2017 14:59
The fifth edition of Vietnam International Travel Mart welcomes visitors with the stronger-than-ever line-up of domestic and international exhibitors.
07-04-2017 13:01
The rolling out of 4G services is the starting pistol for a competition made afresh amongst telecommunications companies in Vietnam. While most major service providers, with the exception of FPT, have started pilot programmes, VinaPhone’s business strategy is markedly different from its competition.
16-03-2017 18:00
General Motors (GM)’s signing over the brunt of its European operations to French PSA Group might signal a shifting of focus to China.
07-03-2017 13:39
Starbucks’ recent plans to expand to coffee-citadel Italy mirror the company’s confidence in its solid financial results since 2012.
03-03-2017 15:27
Volkswagen’s massive emissions scandal coined as the ‘dieselgate’ was the starting pistol for environmental protection agencies to ferret out further cheating at international carmakers.
02-03-2017 22:03
The first quarter of 2017 has been the continuation of a difficulty 2016 as the company seems to be shambling from bog to bog to be mired down at every step.
02-03-2017 14:26
Food giant Kraft Heinz Company’s ravenous hunger for acquisitions might only be a façade masking shrinking margins.
17-02-2017 09:30
Samsung finds itself in hot water with its last year overly wrought with exploding mobile phones and political scandals. Will this affect the group’s plans in Vietnam?
17-02-2017 09:05
Berjaya Land Bhd. will sell its entire stake in Vietnamese 4-star Berjaya Long Beach Resort Phu Quoc to Sulyna Hospitality Hotel Restaurant Travel Service Co., Ltd. at the price of VND333.25 billion, or RM65.32 million ($14.67 million).
16-02-2017 16:30
Vietnam’s low-cost airline Vietjet’s recently issued 2017 listing prospectus shows that there is about 25 per cent room left for foreign investors, to reach its 49 per cent foreign ownership limit.