Corporate

Vietjet launches Hanoi-Taichung air serviceBy Le Anh HCMC – Vietjet has begun operating five weekly flights connecting Vietnam’s capital city of Hanoi and Taiwan’s city of Taichung to meet traveling demands on this route and contribute to promoting regional trade and tourism. The first passengers on Vietjet’s Hanoi-Taichung flights were welcomed at Noi Bai International Airport and Taichung International Airport on June 22, and given gifts while traveling. The 2.5 hour Hanoi-Taichung flights are operated on Monday, Wednesday, Friday, Saturday and Sunday. Flights departing from Hanoi take off at 1 p.m. and arrive in Taichung at 4:30 p.m. (local time), whereas return flights leave Taichung at 5:30 p.m. (local time) and land in Hanoi at 7:20 p.m. With the Hanoi-Taichung air service, Vietjet remains the airline with the most flights between Vietnam and Taiwan. Other flights to Taiwan include HCMC-Taipei, Hanoi- Taipei, HCMC-Kaohsiung, Hanoi-Kaohsiung, HCMC-Tainan … [Read more...] about Vietjet launches Hanoi-Taichung air service

Hinokiya, TWG to build Japanese-style houses in HCMCBy Hung Le Le Cao Minh (R) shakes hands with the Hinokiya leader after signing a cooperation agreement - PHOTO: HUNG LE HCMC – A Japanese firm, Hinokiya Group, has teamed with Technical World Group (TWG) to build Japanese-style houses in HCMC, marking its entry into the local real estate market. TWG and Hinokiya signed a strategic cooperation agreement for real estate projects in Vietnam on Friday, June 22, hoping to start launching houses to the market next year. Hinokiya, one of Japan’s leading housing companies, is committed to introducing Japanese-styled houses in Vietnam. The company's executives said that the project is the group’s first investment in housing in a foreign market. Le Cao Minh, general director of TWG, added that the two groups will speed up the establishment of a 50:50 joint venture to carry out the project, covering a total area of 9.7 hectares in HCMC. The project is slated to … [Read more...] about Hinokiya, TWG to build Japanese-style houses in HCMC

Viettel Global, Viettel Group’s international investment arm, will be listed on the Unlisted Public Company Market (UpCOM) in July and plans to increase charter capital by VND8 trillion ($349.49 million). Myanmar is one of Viettel's newest foreign markets This was one of the contents approved at recent shareholders’ meeting of Viettel Global. The shareholders also approved the plan to increase the charter capital to VND30.43 trillion ($1.33 billion) via issuing 800 million shares at the price of VND10,000 apiece. The entire proceeds from the share sale will be used for investments by 2020. Buyers will be prohibited to transfer the shares for one year. A customer of Mytel In addition, the shareholders approved appointing Le Dang Dung as chairman of the Board of Directors of Viettel Global, while simultaneously approving to look for candidates for the position of general director. At present, Dung fills both positions. To date, Viettel invested more than $2 … [Read more...] about Viettel Global to be listed on UpCOM in July

Airbus employs nearly 15,000 people at more than 25 sites in Britain, where it manufactures the wings of its aircraft. (Photo: AFP/Oli Scarff) The European group, which directly employs nearly 15,000 people, warned that crashing out of the bloc would be "catastrophic" and force it to consider its investments. "Put simply, a 'no deal' scenario directly threatens Airbus' future in the UK," said chief operating officer Tom Williams. May's government holds out the possibility of walking away as a negotiating tactic, but says she expects to get a deal before it exits the bloc on March 29 next year. "We have made significant progress towards agreeing a deep and special partnership with the EU to ensure trade remains as free and frictionless as possible, including in the aerospace sector," a spokeswoman said. However, talks are stalled on the issue of the Irish border and Britain's indecision over what it wants. EU leaders, who will meet May at a summit next week, have warned that time is … [Read more...] about Airbus warns could leave UK if no Brexit deal

Considering Vietnam as a key emerging market, The Woolmark Company has strengthened its brand identity in Vietnam through high-quality natural fibres and wool products. Customers looking at wool products of The Woolmark Company The Merino Wool Awareness Day of The Woolmark Company concluded today in Hanoi, with more than a hundred industry experts attending. The Woolmark Company has worked in the Vietnamese market for five years, witnessing the country’s growing interest in the use of natural fibres and its potential for production of quality wool product, as the country’s economic and social environment evolves. The Merino Wool Awareness Day proudly hosts more than a hundred participants, including international and local experts, experienced designers, suppliers and manufacturers in the textile and garment industry. The event highlights the benefits of Merino wool and provides guidance on how to access and process the fibre in innovative ways in the future, … [Read more...] about The Woolmark Company takes centre stage with the Merino Wool Awareness Day