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This was a record loss in the history of Vietnam Airlines. The loss is expected to decrease by VND2.8 trillion when the carrier completes the procedures to adjust depreciation, and allocation of expenses on repair and maintenance in accordance with the government’s policy to help it overcome current difficulties. … [Read more...] about Earning VND10 trillion within two months, ‘boss Thuy’ enters top list of billionaires

He congratulated Saysomphone Phomvihane on being re-elected as a Politburo member of the LPRP (11th tenure) and expressed his belief that under the leadership of the new Politburo and the LPRP Central Committee, the Lao people will reap even greater achievements in the process of national construction and defence and successfully realise goals and political tasks set by the Resolution of the 11th Congress of the LPRP. … [Read more...] about VIETNAM NEWS JANUARY 20

As e-commerce is a field which needs significant capital, Vietnamese businesses without a parent company with strong financial potential would not be able to develop and compete as they are only allowed to access capital from the narrow list of investors announced periodically by the Ministry of Industry and Trade, he said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

One of the largest MLM enterprises in Vietnam, Stella Ivy Cosmetic will continue operations under a new name Stella Ivy Cosmetic Co., Ltd., a distributor of Oriflame-branded products, which used to be one of the four multi-level marketing (MLM) companies with the largest revenue in Vietnam, officially stopped operation after its license expired. Subsequently, it established a new legal entity named Oriflame Vietnam Co., Ltd., operating under the same direct sale model. … [Read more...] about MLM enterprises dodge licencing by setting up new entities