Kasikornbank plans to upgrade its banking operations in three overseas markets — Myanmar, Vietnam and Indonesia — over the next two years in a bid to strengthen its regional position. KBank’s executive vice-president Pattarapong Kanhasuwan said the bank is considering several business models to match the demand and landscape of each market. “We hope to […]
Read MoreSET-listed Siam Cement Group (SCC) has revved up its much-delayed petrochemical complex in Vietnam by acquiring a larger stake in the project, making the industrial conglomerate the biggest shareholder, according to SCG’s statement to the Stock Exchange of Thailand (SET). SCG had sought a new partner for the Long Son Petrochemicals (LSP) project after its […]
Read MoreA Thai fund has bought 1.5 million shares in Mobile World Investment Corp (MWG), one of Vietnam’s leading mobile retailers, at a price of more than US$11 million. The Ton Poh Fund, run by Bangkok-based Ton Poh Capital, officially received the shares from their previous owners, two other foreign funds, on Tuesday, the Vietnam Securities […]
Read MoreWhile Vietnamese authorities are criticized for not taxing Uber enough, local Uber drivers are complaining about having between 15 and 25 percent of their earnings end up in the company’s pocket. Uber’s initial vision was to provide a technological solution for car and motorbike owners to utilize their vehicles and earn an extra living. However, […]
Read MoreTwo Vietnamese ministries have discussed a plan to slap an administrative fine on YouTube, saying the world’s largest video-sharing platform has violated Vietnam’s advertising regulations. YouTube has allowed advertisers in Vietnam to run commercial content on its platform without informing the relevant Vietnamese authorities as per local laws, the culture ministry said in a dispatch […]
Read MoreVientiane (VNA) – Officials of Vietnam and Laos have agreed to further promote all-around ties between the two countries, especially in defence, security, economy, trade, investment, education and culture. Le Hong Anh, Politburo member and permanent member of the Party Central Committee Secretariat, and his Laos counterpart Bounnhang Volachith reached the consensus during their meeting […]
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