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Tag Archives: Report

Robust growth for consumer goods in Vietnam: report

Sales of fast moving consumer goods (FMCG) such as soft drinks, toiletries and food in Vietnam’s main cities grew 6.3 percent in the second quarter of this year, the highest rate in the past three years, according to a report released Wednesday by Nielsen. This growth in Hanoi, Ho Chi ...

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Bank of India enters Vietnam: report

Bank of India has opened its first branch in Vietnam with a capital of US$ 15 million, a move that is expected to help increase the countries’ trade activities, local media has reported. The branch, located in downtown Ho Chi Minh City, is the 61st overseas branch of the lender ...

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Report Confirms State-Sponsored Doping by Russia at Olympics

TORONTO — Forensic evidence and deleted files recovered from computer hard drives have confirmed a Russian whistle-blower’s claims of government-ordered cheating at the 2014 Sochi Olympics, a two-month investigation commissioned by the World Anti-Doping Agency found. The report’s conclusions will intensify pressure on the International Olympic Committee to discipline Russia ...

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Taiwanese firm dumps dead pigs near Vietnamese river: report

Binh Phuoc Province police are investigating a Taiwanese livestock company suspected of disposing of hundreds of dead pigs illegally near a major river. A representative of Viet Phuoc, which raises 27,000 pigs at a farm in the province’s Hon Quan District, has admitted to the dumping, Tien Phong newspaper reported. ...

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Mekong Capital backs restaurant chain Wrap & Roll: report

Private equity firm Mekong Capital has invested US$ 6.9 million in Wrap & Roll, a chain of 14 Vietnamese restaurants around the country and in Singapore, local media reported on Wednesday. It was the first investment of the company’s Mekong Enterprise Fund III since its subscription was closed in May, ...

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Tokyo Gas to form LNG joint venture in Vietnam: report

Japan’s Tokyo Gas Company will establish a joint venture with PetroVietnam Gas JSC and others as soon as this month to tap increasing demand for liquefied natural gas in Vietnam, Nikkei Asian Review reported on Saturday. The Japanese firm will invest several hundred million yen (100 million yen = US$ ...

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Foxconn to buy Microsoft’s Vietnam phone plant for $22 mln: report

Taiwanese electronics manufacturer Foxconn will acquire Microsoft Mobile Vietnam to produce feature phones and smartphones in the Southeast Asian country, news website Deal Street Asia reported on Friday. The VND492.4 billion (US$ 22 million) consideration will be payable within seven business days of the closing date of the transaction, the ...

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