Vietnam’s leading mobile retailer, Mobile World Investment Corporation (MWG), is strategizing a business overhaul, aiming to close nearly 200 unprofitable stores by the end of the year due to a substantial decline in revenue from January to October. The conglomerate,…
Prime Minister Pham Minh Chinh is set to participate in the 28th UN Climate Change Conference of the Parties (COP28) in the United Arab Emirates (UAE) and undertake an official visit to Turkey in the upcoming days. The visit, scheduled…
Tran Qui Thanh, the chairman of the prominent beverage company Tan Hiep Phat, along with his two daughters, is alleged to have misappropriated property valued at VND767 billion ($31.59 million) from individuals who borrowed money from them, according to police…
Asialink and the Climateworks Centre are spearheading a new initiative that opens avenues for Australian businesses to engage in green economy investment and trade opportunities in Vietnam. The initiative focuses on areas such as renewable energy resources and sustainable development…
Two weeks ago, AIG Asia Ingredients Corporation (AIG) made the announcement that Marubeni Growth Capital Asia Pte. Ltd. (MGCA) has become a strategic partner by acquiring a substantial minority interest in the company. Post-transaction, MGCA will maintain its focus on…
Dong Khoi Street, situated in the heart of downtown Ho Chi Minh City, has secured the 13th spot in global rankings for expensive commercial retail rents, as per a report released by Cushman & Wakefield on Tuesday. The average rent…
South Korean food delivery service Baemin is set to conclude its four-year operation in Vietnam on December 8 due to an economic downturn and intense competition in the sector. Customers can place orders until December 7, and the company advises…
Nguyen Van Tho, the Chairman of the People’s Committee in Ba Ria-Vung Tau, recently presided over a meeting with representatives from Beijing Oriental Electronics Group (BOE), a Chinese display maker. The discussion, held on November 17, focused on the forthcoming…
Nestle Vietnam has clinched the top spot in the “Vietnam 100 Best Places to Work 2023” ranking, with Abbott, Acecook Vietnam, Coca-Cola Beverages Vietnam, and FPT Group also making it to the prestigious Top 10. Other notable companies in the…
Despite the global economic challenges and an oversupply of grade A office spaces in Vietnam during the previous quarter, the demand remains robust. In Q3, numerous new premium office buildings were introduced in both Hanoi and Ho Chi Minh City.…