August 26, 2024
Vietnam’s Ho Chi Minh City to Hanoi flight route among busiest in the world
The local airline industry has faced a number of challenges, particularly recovering from pandemic border closures which grounded most of their aircraft. Foreign investment and expertise could be one possible solution, however, investment in airlines in Vietnam is capped at 34 percent which can make influencing key decisions challenging…
Extension proposed for casino pilot program allowing Vietnamese bettors
In general, gambling is illegal for Vietnamese in Vietnam with casinos only open to foreigners. That said, during the COVID-19 pandemic these rules were relaxed at the Corona Casino in Phu Quoc. Local residents were permitted to gamble at the establishment as part of a pilot program that was to run for three years, however, is now likely to be extended to the end of 2024.
Vietnam MPS on hunt for burned APAX investors re: fraud case against group’s leader
Trading in APAX Holdings, which was listed on the Ho Chi Minh City Stock Exchange, was suspended late last year and the stock was subsequently delisted for disclosure violations. Specifically, it had failed to provide sufficient financial reports. This comes after years of reports that the firm had failed to pay local and foreign staff for months at a time, with reports there may be some amounts that have now been outstanding for years. That said, the linked article does not make mention of wage theft or amounts owed to other creditors.
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It