Browsing Tag
Vietnam
71 posts
Hanoi house fire kills five in Tay Ho as authorities investigate early-morning blaze
Five people have died in a four-storey house fire in Hanoi’s Tay Ho ward, with authorities investigating the cause after firefighters prevented flames spreading to nearby homes.
VinFast revenue rose 42% but Q1 loss hit $1.12bn. Why is the founder’s son becoming global CEO?
VinFast has appointed Pham Nhat Quan Anh global CEO as its $530 million manufacturing restructuring, India expansion and continuing billion-dollar quarterly losses reshape the electric-vehicle company.
GSM targets 1m VinFast cars as 2028 Hong Kong IPO tests asset-heavy ride-hailing model
Green and Smart Mobility plans to enter the U.S., Sweden and the Netherlands before the end of 2026 as it prepares for a Hong Kong IPO in 2028. The VinFast-linked operator also intends to acquire 1 million VinFast vehicles between 2026 and 2030, a fleet ambition equivalent to roughly 200,000 cars a year. The question is whether GSM can export the company-owned fleet model that built its Vietnamese market position without allowing capital requirements to overwhelm the economics.
Gogoro shares surge as Q2 margin hits five-year high and net loss narrows by $22m
Gogoro Q2 revenue rose 7% as gross margin hit 22.6%, net loss narrowed sharply and scooter registrations rebounded 51%.
South Korea’s Lotte sells car rental unit to TPG for $925m
TPG's 1.31 trillion won Lotte Rental deal hands Lotte Group liquidity at a discount to the collapsed Affinity bid, with KFTC review still the last hurdle.
Serica Energy tops Ratio Petroleum with ÂŁ145.7m Pharos Energy takeover
Serica Energy's ÂŁ145.7m Pharos deal tops Ratio's bid and opens Vietnam and Egypt exposure, but H1 2027 completion hinges on regulatory clearances abroad.
Trump tariffs hit 60 trading partners as US rebuilds global import tax wall
Washington replaced an expiring tariff with forced-labour duties on 60 economies, keeping a near-universal US import tax floor intact.
Vietnam boat capsizing kills 15 Indian tourists near Phu Quoc as 21 survive
A tourist speedboat carrying 32 Indian visitors capsized close to Vietnam’s Phu Quoc Island on July 11, 2026, killing 15 passengers and leaving investigators to determine why so many people were trapped inside a vessel that overturned less than half a kilometre from land.
Why CnerG’s Monsoon Carbon deal could reshape how companies buy carbon credits in emerging markets
CnerG buys Monsoon Carbon to expand REC and carbon credit access across emerging markets. Read how the deal may reshape climate procurement.
Is Block Blast quietly building a U.S. gaming moat outside the app store?
Find out how Hungry Studio is using Block Blast, TikTok and U.S. sports moments to deepen mobile gaming engagement and brand visibility.