In addition, the assets attached to the land of another Vinaxuki factory in the northern province of Thai Nguyen, and the right to exploit Antimony ore mines, and the ore sorting line in Dak Drong commune of the Dak Nong Province are also pledged for the debt. … [Read more...] about BIDV puts auto firm Vinaxuki up for sale to recover bad debt
Vietnam commemorative m16 for sale
Regarding the impact of the outbreak in the mid to long term, the company said it could raise the health and hygiene consciousness of Vietnamese consumers, which would drive further development of hygiene products for personal care and home care, including bar soap, handwash, hand sanitizer, household cleaning products, tissues, and others. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
Hanoi (VNA) - Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding 6.5 billion USD in bond sales that the US investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on February 24. The US Department of Justice estimates 4.5 billion USD was misappropriated from Malaysia’s 1MDB between 2009 and 2014, including some of the funds that Goldman Sachs helped raise. Malaysian prosecutors filed charges in December 2018 against the units, based in London, Hong Kong (China) and Singapore, for misleading investors by making untrue statements and omitting key facts in relation to the 1MDB bond issues. A representative for Goldman Sachs pleaded not guilty after the charges were read out at the Kuala Lumpur High Court on February 24. The court set the trial for November, with hearings scheduled until April 2021, according to Bernama. Goldman Sachs has consistently denied wrongdoing, saying … [Read more...] about Goldman Sachs pleads not guilty in Malaysia over 1MDB bond sales
The research entity forecast that Vietnam’s alcohol revenue will increase from VND40.8 trillion (US$1.8 billion) in 2019 to VND43.6 trillion (US$1.9 billion) in 2020, a lower growth rate of 6.9 percent as compared to 10.3 percent in 2019. In the medium term (2020-2024), it projected alcohol revenue to increase to VND59.4 trillion (US$2.5 billion), at an average growth rate of 7.8 percent. … [Read more...] about New rules put brakes on alcohol sector
Actor Tran Thanh and People’s Artist Ngoc Giau in Bố Già (Old Dad), the most-viewed web drama in Vietnam. It has earned more than 90 million views for five episodes. Still photo taken from video Actor Tran Thanh’s Bố Già (Old Dad) is the most-viewed web drama in Vietnam, having earning more than 90 million views for five episodes. It ranked number 1 on trending on YouTube in Vietnam after the film premiered on January 2. … [Read more...] about Vietnamese artists invest in web dramas