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  Despite the tough economic climate, many foreign companies are continuing to expand operations in Vietnam in hope that their strategy will pay off when the recovery happens. BlueScope Buildings Vietnam, formerly known as BlueScope Lysaght Vietnam, inaugurated a US$4...

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A Petrolimex gas station in Hanoi Economists suspect that Vietnam’s biggest fuel companies, particularly Petrolimex, may have deliberately reported huge losses and shifted profits to subsidiaries to evade tax. A recent inspection of major oil importers, including Petrolimex, found that they paid retailers, many of them...

Tags: High Commissions, The Company

A BlackBerry handset is displayed in Washington, December 15, 2011. Research In Motion Ltd has turned down takeover overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation. Amazon hired an investment bank this...

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VPF chairman Vo Quoc Thang (L) talks to his deputy Nguyen Duc Kien at the first general meeting of the company in Hanoi on Wednesday. The first meeting of Vietnam Professional Football JS Company (VPF) was held in Hanoi on Wednesday to choose its managing staff. Vo Quoc Thang, owner...

Tags: Nguyen Duc, Nguyen Duc Kien, Of The Company, The Board, The Company, Vice Chairman, Vietnamese Football, Vo Quoc Thang

View of the entrance of the new headquarters of Google France before its official inauguration in Paris December 6, 2011. The most powerful group at Google Inc used to be known simply as “The OC,” short for operating committee. Now, it goes by a more telling name: “L Team,” short for Larry’s Team. The...

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  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...

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Indochina Airlines has had its business license revoked after a year of being non-operational The Transport Ministry has revoked the business license of Indochina Airlines after the first private airline to operate flights in Vietnam showed no activity for the past year.   According to the Civil Aviation Authority...

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  The Drug Administration of Vietnam (DAV) announced Tuesday (November 29) that tests showed a carcinogen was not present in a popular Johnson & Johnson baby shampoo. Tests conducted by the Ho Chi Minh City Medicine Testing Institute did not find 1,4-Dioxane in Johnson’s Baby Shampoo, while...

Tags: Baby Shampoo, Johnson Amp Johnson, The Company

Former Olympus president Michael Woodford, who exposed the company’s loss coverup scandal, met with Japanese investigators on Thursday over a cover-up of the company’s massive investment losses dating back to the 1990s The ousted chief of scandal-hit Olympus, Michael Woodford, on Thursday began meeting Japanese investigators...

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An undated file photo taken at the Toyota Vietnam plant. Toyota President Akio Toyoda said last week the company isn’t considering reducing investment in Thailand. Japanese companies, Thailand’s biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst...

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