alibaba buys neteases import e commerce unit for us 2 billion

Alibaba buys NetEase's import e-commerce unit for US$2 billion

Alibaba Group has bought the e-commerce platform of NetEase for about US$2 billion and will participate in a US$700 million investment in NetEase's music streaming service, the two Chinese firms said on Friday (Sep 6).
bw industrial enters into strategic partnership with shopee and best

BW Industrial enters into strategic partnership with Shopee and BEST

BW Industrial Development JSC (BW) has recently inked a strategic co-operation with e-commerce platform Shopee and China's smart logistics service provider BEST Inc. to create modern logistics platforms.
trump hardens tone on china as trade war rattles economy

Trump hardens tone on China as trade war rattles economy

Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday (Sep 3) sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations.
johnson health tech to launch new facility in vietnam

Johnson Health Tech to launch new facility in Vietnam

Taiwanese gym equipment maker Johnson Health Tech first set up shop in Vietnam nearly a decade ago, a commitment it is reinforcing with a new $20 million facility set to open in December.
gulf redoubles efforts to develop power plants in vietnam

Gulf redoubles efforts to develop power plants in Vietnam

Thai firm Gulf Energy Development Plc. plans to develop power plants in Vietnam and Laos to strengthen its presence in Indochina.
trade wars quarterly earnings to keep vn stocks down in september

Trade wars, quarterly earnings to keep VN stocks down in September

The market sentiment will remain lateral in September weighed down by global economic and political tensions while trading quiet amid speculations of Q3 corporate earnings.
urc vietnam promoting a culture of innovation

URC Vietnam promoting a culture of innovation

As a leading food and beverage player with a growing multinational presence through the ASEAN, China, and Oceania, Universal Robina Corporation (URC) has created a culture of innovation focusing on a digital shift to remain open and adaptive to global trends towards sustainable development.
who launches genetic research register after designer baby scandal

WHO launches genetic research register after designer-baby scandal

The WHO announced on Thursday (Aug 29) it will create a global registry to track research into human genetic manipulation, after a call to halt all work on germline genome editing - used in China last year to genetically modify twin baby girls.
us china to talk trade on thursday trump

US, China to talk trade on Thursday: Trump

President Donald Trump said US and Chinese trade officials were due to hold discussions on Thursday (Aug 29), days before Washington is due to raise tariffs on billions in Chinese goods.
very first guangdong china export import fair held in vietnam

Very first Guangdong (China) export-import fair held in Vietnam

For the first time, Guangdong (China) Export-Import Fair in Vietnam took place in Hanoi, attracting the participation of nearly 300 enterprises from Vietnam and from Guangdong, Hong Kong, and Macau (China).
vn index gains slightly worries remain about the markets prospects

VN-Index gains slightly, worries remain about the market's prospects

Vietnam’s benchmark VN-Index was almost flat on Wednesday morning while investors remained cautious amid the uncertainty of the equity markets.
us meat strangling domestic products

US meat strangling domestic products

Domestic foodstuff producers are being smothered by the influx of $1 meat from the United States.
local gold price hits seven year peak amid trade tensions

Local gold price hits seven-year peak amid trade tensions

Gold is showing its mettle as a safe haven asset as bullion prices continued to hit new peaks on both domestic and global markets.
us china trade war brings more challenges than opportunities vietnamese firms

US-China trade war brings more challenges than opportunities: Vietnamese firms

Many Vietnamese enterprises are keeping a close eye on the escalating US-China trade war and have said the challenges from it outnumber the opportunities for them.
g7 leaders back hong kong autonomy call for calm

G7 leaders back Hong Kong autonomy, call for calm

G7 leaders meeting in France on Monday (Aug 26) backed Hong Kong's autonomy as laid out in a 1984 agreement between Britain and China and called for calm in the protest-hit city.