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Unofficial retailers trick buyers with Xiaomi showroom display phones
Many consumers are complaining that they unknowingly bought display Xiaomi phones from unofficial stores.
HAGL sells stake in agriculture subsidiary to repay bank loan
Agriculture firm Hoang Anh Gia Lai (HAGL) plans to sell 13.3 million shares in its HAGL Agrico subsidiary to pay debts.
Antique houses relisted for auction in Da Nang after initial sale fails
Agribank is hosting a second auction for a collection of antique houses and two other assets, which have been used as collateral against a businessman's debts in Da Nang, at a starting price of VND246 billion ($10 million).
January 4, 2024 | 07:27 pm PT
McDonald's Malaysia files $1M lawsuit against Israel boycott movement
McDonald's Malaysia has filed a lawsuit seeking US$1.31 million in damages from a movement promoting boycotts against Israel for “false and defamatory statements.”
January 3, 2024 | 03:34 am PT
Novaland to raise $563M through share issuances
Property developer Novaland plans to issue 1.37 billion shares to raise a minimum of VND13.7 trillion (US$563 million) to pay off and restructure debts.
January 2, 2024 | 09:15 pm PT
Banks struggle to entice borrowers despite slashing interest rates
Banks are offering loans interest-free for the first month and unsecured loans through credit cards to attract borrowers, but are still finding it hard to attract borrowers.
December 31, 2023 | 09:35 pm PT
Major automobile repair, insurance disputes of 2023
From a broken VND600 million ($24,000) Porsche gearbox to hitting a rock on the highway, these car repair and insurance disputes garnered the most attention on VnExpress in 2023.
December 30, 2023 | 08:31 pm PT
Number of firms established in 2023 record high
Vietnam witnessed the establishment of 159,294 enterprises, marking the highest number ever recorded and a 7.2% increase from 2022, according to the Ministry of Planning and Investment.
December 30, 2023 | 03:00 am PT
Vietnam Airlines to employ Bamboo Airways’ excess staff
Vietnam Airlines is planning to employ pilots and flight attendants terminated during downsizings at other airlines, including Bamboo Airways, said Le Hong Ha, CEO of the national flag carrier.
December 30, 2023 | 03:00 am PT
Vietnamese spend $1.3B on Shopee, Lazada, TikTok, Tiki
Vietnam transaction values on online shopping platforms Shopee, Lazada, TikTok Shop and Tiki totaled VND31.9 trillion (US$1.28 billion) in November, according to e-commerce data intelligence platform EcomHeat.
December 29, 2023 | 11:00 pm PT
Central bank directs gold sellers to report transactions exceeding $16,500
The State Bank of Vietnam has requested gold sellers to strictly comply by a regulation to report transactions of VND400 million ($16,500) or higher to identify possible money laundry.
December 29, 2023 | 03:07 am PT
Vietcombank selects new temporary board leader
Vietcombank director Do Viet Hung will lead the state-owned lender’s board starting Jan. 1, as it is short of a chairperson.
December 29, 2023 | 01:14 am PT
Singaporean firm fined for illegally trading Vietnamese food
The Singapore Food Authority (SFA) has imposed a fine of 36,000 Singapore dollars (US$27,326) on Viet-Sin Grocery for illegal operations involving the storage and importation of meat and seafood from Vietnam.
December 28, 2023 | 02:30 am PT
Van Thinh Phat chairwoman laundered money through property, transferred it overseas
Van Thinh Phat chairwoman Truong My Lan laundered the money she illegitimately obtained from Saigon Commercial Bank by buying property projects and transferred it overseas.
December 27, 2023 | 07:38 am PT
Novagroup continues to sell Novaland shares to pay debts
Novagroup has been selling millions of shares of its property development subsidiary Novaland Group to repay debts.
December 27, 2023 | 03:33 am PT
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