The list was derived using a methodology from Forbes, an American business magazine, which involves evaluating several metrics including sales, profits, assets, and market value. The assessment uses financial statements audited over five consecutive years from 2014 to 2018 and firms’ mid-May market capitalization figures. … [Read more...] about Finance firms dominate Forbes’ Vietnam top 50 list
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Investment in education nears US$20 billion in rural areas
After nine years, the education sector has gained achievements including more communes having educational equipment and facilities, most children at the age of six going to the first grade especially children from low-income families and children with disabilities. … [Read more...] about Investment in education nears US$20 billion in rural areas
Nearly 90% of Hanoi’s sewage ends up in rivers
“Most of the drainage projects funded by ODA (official development assistance) did not cover that (sewer linkages). And after the project was completed, it was very hard for the authorities or the communities to do the connection work,” Anh said. — VNS … [Read more...] about Nearly 90% of Hanoi’s sewage ends up in rivers
Nearly 700 businesses attend exhibitions of leather and footwear sector
Visitors examining some products on display at the exhibition - Photo: VNA The series of exhibitions is co-organized by the Vietnam Leather, Footwear, and Handbag Association (LEFASO), international exhibition organiser Top Repute Co., Ltd., and the Ho Chi Minh City Leather and Footwear Association. … [Read more...] about Nearly 700 businesses attend exhibitions of leather and footwear sector
Boeing settles first Lion Air lawsuits for at least $1.2 million apiece: sources
It has already estimated a cost of more than $8 billion from the grounding, mainly due to production setbacks and compensation it will owe airlines that have canceled thousands of flights as they manage schedules without the fuel-efficient jetliner they had counted on. … [Read more...] about Boeing settles first Lion Air lawsuits for at least $1.2 million apiece: sources
VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13
The concept of 7 Bridges Brewing Company formed in the summer of 2016 and R&D started in September 2016. During that time, the founder was brewing test batches aiming for commercial production, which commenced in April 2017 once the license was issued. R&D is a key element of its business model and involves constant re-investment in production systems, sales outlets, and product recipes. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13