Procter & Gamble (P&G) Co yesterday officially opened and put into operation the new P&G Pampers plant in Ben Cat Dist, Binh Duong province. This is the second plant to be opened in Vietnam, specifying in producing products for children. The products of the newly opened plant will not only serve for Vietnamese children but [...]
Vietnam Steel Association (VSA) estimated that the whole year steel import may reduce by 15 percent against the same period last year. However, the export volume may see significant increase. According to the statistics released by VSA, Vietnam was estimated to import steel products of 10.5 million tonnes, declining by 1.8 million tonnes or 15 [...]
Vietnam’s financially troubled Indochina Airlines Joint-Stock Co is facing a shutdown, a government official said Monday, as its creditors seek the whereabouts of the airline’s founder. Ha Dung, a popular music composer who founded Indochina Airlines, “has disappeared,” according to media reports. “Many creditors have tried to find Dung, but they failed,” a local media [...]
Deloitte commits a strategic investment amounting to more than $1 billion in its member firms over the next five years, with half of it flowing into main markets including Vietnam. James H Quigley, Global CEO of Deloitte Touche Tohmatsu Limited, was speaking about the investment plan when he came to Vietnam this week. Deloitte will [...]
General director of Standard Chartered Bank Vietnam Louis Taylor said that the playing field for foreign banks in Vietnam has become more level and the implementation of WTO commitments of Vietnam in banking sector has brought satisfaction to foreign investors. Talking about whether there would be any changes in banking operations in Vietnam after banks [...]
Vietnam Shipbuilding Industry Group, the near-bankrupt ship maker, may account for as much as 3 percent of some Vietnamese banks’ loan portfolios, putting them at risk for restructuring, Moody’s Investors Service said. Vietnam Shipbuilding Industry Group, the near-bankrupt ship maker, may account for as much as 3 percent of some Vietnamese banks’ loan portfolios, putting [...]
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