Money-hungry F&B startups flounder

Last October, the Vietnamese media reported that Nhat’s Mon Hue restaurant system became insolvent. The four foreign investors tried to contact Huy Nhat in vain. After checking the balance of the bank account of Horizon Vietnam – the company owned by Nhat to develop the project in Thua Thien-Hue, they found that less than VND300 […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

Gautam Adani, the founder and chairman of Adani Group, attributes the group’s high ranking directly to Adani’s commitment to building the necessary infrastructure to play a part in a clean energy future. Over the course of the next decade, some existing business models will be affected by disruptions caused by plummeting costs of renewable energy, […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

According to Director of the provincial Department of Planning and Investment Tran Van Hung, to provide effective support for businesses Quang Ninh has fostered public administrative reform and established multiple channels for dialogue between local administrations and companies. It has also prioritised allocating funding to the development of technical and social infrastructure, Hung said.

Da Nang allows restaurants, cafes to reopen

Mobile supermarket gives free food to poor people in Da Nang Nguyen Thi Thom, 52, of Chinh Gian Ward, Da Nang City’s Thanh Khe District, got milk, vegetables, eggs, hand sanitiser and a mask for free at a mobile supermarket last weekend.

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 13

According to the General Department of Forestry, Vietnam still has many opportunities to expand export markets and increase export value for timber and wooden products. The world’s furniture and wooden product market is large with a value of about 430 billion USD, including 150 billion USD from furniture products. Meanwhile, Vietnam’s furniture products at present […]