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Agency suffers $4M loss due to Kim Soo Hyun’s endorsement cancellations amid underage dating controversy

Agency suffers $4M loss due to Kim Soo Hyun’s endorsement cancellations amid underage dating controversy

Actor Kim Soo Hyun’s agency Gold Medalist is reportedly facing a financial loss of 6 billion won (US$4.1 million) due to the cancellation of endorsement deals following his underage dating controversy.
Tycoon Do Quang Hien’s son takes over as chairman of Vietravel Airlines

Tycoon Do Quang Hien’s son takes over as chairman of Vietravel Airlines

Chip giant Intel seeks more suppliers in Vietnam

Chip giant Intel seeks more suppliers in Vietnam

Manwah, Gogi restaurants operator acquires The Coffee House for $10M

Manwah, Gogi restaurants operator acquires The Coffee House for $10M

Golden Gate Group Corporation, which owns popular restaurant chains Manwah and Gogi House, has bought a 99.98% stake in beverage chain The Coffee House for VND270 billion (US$10.5 million).
April 1, 2025 | 04:59 pm GMT+7
Italian motorbike brand Ducati to shut down only northern Vietnam store

Italian motorbike brand Ducati to shut down only northern Vietnam store

Ducati Vietnam will close its Hanoi showroom – the only one serving northern Vietnam – on Tuesday, citing market challenges.
March 31, 2025 | 04:41 pm GMT+7
Rising from the ground up: How Vietnamese tycoon Do Quang Hien trains sons to take over his empire

Rising from the ground up: How Vietnamese tycoon Do Quang Hien trains sons to take over his empire

Prominent businessman Do Quang Hien’s two sons studied abroad and returned to work in low-level positions before gradually taking over his business.
March 31, 2025 | 03:21 pm GMT+7
Chinese hotpot chain Haidilao fetches $88M in Vietnam revenue

Chinese hotpot chain Haidilao fetches $88M in Vietnam revenue

Chinese hot pot restaurant chain Haidilao, known for its premium service and entertainment, posted a revenue of $87.8 million from Vietnam last year, up 12.6% from 2023.
March 31, 2025 | 11:40 am GMT+7
Thai insurers brace for multi-million dollar payouts following Myanmar earthquake

Thai insurers brace for multi-million dollar payouts following Myanmar earthquake

Thai insurers may face payouts amounting to tens of millions of U.S. dollars after a powerful earthquake in Myanmar caused damage, including the collapse of a 34-story building under construction in Bangkok.
March 31, 2025 | 10:54 am GMT+7
Hong Kong actor Nicholas Tse earns $206M from sausage business

Hong Kong actor Nicholas Tse earns $206M from sausage business

Hong Kong actor and singer Nicholas Tse has generated 1.5 billion yuan (US$206 million) in revenue over four years from selling fresh sausages through his own food brand.
March 31, 2025 | 06:00 am GMT+7
Dairy giant Vinamilk to spend $352M on highest dividend in 6 years

Dairy giant Vinamilk to spend $352M on highest dividend in 6 years

Vinamilk will spend over VND9 trillion (US$351.9 million) to pay a 43.5% cash dividend to its shareholders for 2024, the highest rate in six years.
March 30, 2025 | 05:00 pm GMT+7
Trump Organization eyes multi-billion-dollar projects in Vietnam

Trump Organization eyes multi-billion-dollar projects in Vietnam

The Trump Organization and its partner in Vietnam are working on multiple investments worth billions of dollars in golf courses, hotels and real estate projects in the Southeast Asian country, a spokesman for the consortium told Reuters.
March 29, 2025 | 03:03 pm GMT+7
SK Group considers full divestment from Vingroup, Masan Group

SK Group considers full divestment from Vingroup, Masan Group

South Korean conglomerate SK Group has reclassified its stakes in Vingroup and Masan Group in its latest annual report as it considers fully divesting from both Vietnamese firms.
March 29, 2025 | 07:10 am GMT+7
Floating restaurant on Saigon River to be auctioned by creditor bank

Floating restaurant on Saigon River to be auctioned by creditor bank

State-owned lender Agribank will auction the ship Elisa, a floating restaurant on the Saigon River that was used as collateral for a VND134 billion (US$5.2 million) loan.
March 29, 2025 | 07:10 am GMT+7
Bangkok Skytrain suspended after 7.7-magnitude earthquake

Bangkok Skytrain suspended after 7.7-magnitude earthquake

The BTS Skytrain services in Bangkok were temporarily suspended following tremors from a powerful 7.7-magnitude earthquake in central Myanmar, which were felt in the city.
March 28, 2025 | 05:53 pm GMT+7
Honda unveils first made-in-Vietnam electric scooter

Honda unveils first made-in-Vietnam electric scooter

Honda has launched its first electric scooter produced in Vietnam, the ICON e:, after years of dominating the gasoline-powered motorbike segment.
March 28, 2025 | 11:53 am GMT+7
iPhone 16 series to be available in Indonesia next month

iPhone 16 series to be available in Indonesia next month

Teach giant Apple announced that the iPhone 16 will be available in Indonesia from April 11, indicating the sales ban in Southeast Asia's biggest economy had been lifted.
March 27, 2025 | 11:09 am GMT+7
Vietnam’s largest coffee chain Highlands Coffee posts $41M in profit

Vietnam’s largest coffee chain Highlands Coffee posts $41M in profit

Vietnam’s largest coffee chain Highlands Coffee posted an EBITDA of VND1.05 trillion (US$41 million) last year, up 4.5% from 2023.
March 26, 2025 | 06:16 pm GMT+7
Jollibee Foods targets 10,000 global restaurants this year

Jollibee Foods targets 10,000 global restaurants this year

The Philippines-headquartered restaurant group Jollibee Foods plans to have 10,000 eateries globally this year, with a focus on North America.
March 26, 2025 | 05:35 pm GMT+7
Visa scrutiny and uncertain job prospects prompt foreign students to rethink US plans

Visa scrutiny and uncertain job prospects prompt foreign students to rethink US plans

International students across the U.S. are reevaluating their future in the country as increased scrutiny under Donald Trump’s administration leads more companies to shy away from hiring foreign workers.
March 26, 2025 | 10:34 am GMT+7
Former FLC chairman Trinh Van Quyet absent from appeal trial

Former FLC chairman Trinh Van Quyet absent from appeal trial

Trinh Van Quyet, former chairman of property developer FLC, was absent from his appeal hearing in Hanoi on Tuesday due to serious health issues that his lawyer described as life-threatening.
March 25, 2025 | 02:25 pm GMT+7
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