December 5, 2011
Slowing inflation and talk of financial reforms have not boosted market sentiment as expected, and analysts are predicting the worst will not be over any time soon. Phan Dung Khanh, research manager at Kim Eng Vietnam Securities Co., said the stock market may move sideways or only recover slightly next year. Macroeconomic measures taken [...]
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October 29, 2011
Military-run telecom giant Viettel said it plans to acquire EVN Telecom, a subsidiary of state utility Electricity of Vietnam, in what will be Vietnam’s first M&A deal in the local mobile sector. The acquisition, if approved, will be completed in November, news website VnExpress reported Tuesday, citing Viettel officials. The company will first have [...]
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October 22, 2011
The French Consulate in Ho Chi Minh City will help organize the biggest French food event in the city next week. After the success last year with more than 1,600 visitors, the second edition of “Balade en France” (Jaunt in France) by Sopexa Company is expected to offer a culinary walk through seven French [...]
Tags: company, France, French, In The City, Next week, The city, The company, The Company Said
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July 31, 2011
Vietnam is the world's fourth largest motorcycle market Honda Vietnam has announced plans to build a third motorcycle production plant and expand its annual production capacity by 500,000 units to supply the growing motorcycle market in the country. The new plant, with an expected investment of US$120 million, is scheduled to begin operations in the [...]
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July 8, 2011
Visitors inspect a real estate development project during an exhibition on construction and property in Hanoi. The residential property market in Ho Chi Minh City has been hit hard by the government’s tight monetary policy and buyer confidence is not likely to improve anytime soon, real estate companies say. Consulting firm CB Richard Ellis said [...]
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June 19, 2011
Many consumers said they would be trading down to less expensive products The first half of 2011 brought a decline in Vietnam’s consumer confidence levels, according to the latest Nielsen survey. Vietnam’s economy was virtually untouched by the global economic downturn and consumer confidence generally remained among the highest of the 55 countries monitored by [...]
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May 14, 2011
The Vietnamese site of Hotels.com Online accommodation provider Hotels.com on Thursday announced the launch of new websites in Vietnam and Indonesia with localized content, allowing travelers to book over 135,000 hotels. “Indonesia and Vietnam are amongst the key growth areas for online travel and, with our unsurpassed hotel offering, we believe the new sites will [...]
Tags: company, hotels, Hotels Com, Indonesia, Online, The company, The Company Said, The vietnamese, Vietnam
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April 23, 2011
Generali, Italy’s largest insurer, said it has been granted a license to run life insurance operations in Vietnam as the group extends its presence in Asia. The new company, Generali Vietnam Life Insurance Company, is wholly owned by Generali and headquartered in Ho Chi Minh City, the company said in a statement on Thursday. [...]
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February 6, 2010
Toyota admitted Thursday a brake design flaw in its Prius hybrid, dealing a new blow to the world’s top carmaker. The brake trouble comes on top of accelerator-pedal problems that have now spread to Britain and raised fresh questions about whether Toyota sacrificed quality in its drive to overtake General Motors as global No. 1. The [...]
Tags: company, Prius, safety, The company, The Company Said, The Prius, The problem, Toyota
Posted in International, News | Comments Off
February 5, 2010
Ho Chi Minh City residents will be able to learn yoga with qualified Indian instructors and use imported US equipment at a new fitness center that has just opened. The BeYou center run by Chinh Ban MTV Ltd. employs experienced instructors who have been trained, some abroad, while the Yoga instructors all come from its [...]
Tags: Indian Instructors, Instructors, The company, The Company Said, The Gym, The Practice
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