Burberry sales eclipse forecasts

British luxury goods group fashion label Burberry smashed third quarter revenue forecasts and predicted annual profit towards top of market expectations, adding to evidence that the rich are spending again.

ASEAN worker representatives meet in Hanoi

Almost 50 defenders of workers’ rights from eight ASEAN countries met in Hanoi on Dec. 16 to discuss cooperative measures to protect the rights of migration workers.

ASEAN telecommunication forum opens

The business forum on telecommunications among ASEAN sub-regional countries including Cambodia, Laos, Myanmar and Vietnam opened on December 10 in the central coastal province of Khanh Hoa.

Bank and insurer agree cooperation

Maritime Bank and Prudential Vietnam on Jan. 20 signed a long-term cooperation agreement on bank insurance (bancassurance)- a new service in Vietnam.

Vietnam businesses urged to make use of e-commerce

Vietnamese firms should make greater use of information technology to become more efficient and competitive in the context of the country’s global integration, an industry official told a conference on e-payment held in HCM City on Jan. 20.

VNA targets national communication group

The leadership and staff of the Vietnam News Agency (VNA) need to make greater efforts to fulfill all the tasks entrusted by the Party and government, and turn it into a powerful national communication group.

RoK telecom places S-Fone on hold

The Republic of Korea (RoK)’s invested telecom SK Telecom confirmed on January 19 that it would make no further investment in S-Fone, putting the underperforming mobile service provider on life support.

Firm develops golf courses in Cuba

The Housing and Urban Development Corporation (HUD) and Cuba’s Palmares SA Group have signed a real estate deal to build two golf courses-cum-hotel complexes in Cuba.

VNPT awarded Labour Hero title

Chairman of the National Assembly Nguyen Phu Trong on Jan. 20 conferred the Labour Hero title on the Vietnam Post and Telecom Group (VNPT) for its outstanding achievements in the 1999-2008 period.

Buddhist Sangha convenes meeting

The sixth Vietnam Buddhist Sangha (VBS) convened its third meeting in Quang Duc Monastery in Ho Chi Minh City on January 18 with the participation of more than 500 representatives from provincial and municipal VBS chapters nationwide.

Vietsovpetro saves money after expanding fleet

The Vietnam-Russia Petroleum Joint Venture (Vietsovpetro) will save more than 10 million USD this year after buying two new service vessels, said an official from Vietsovpetro’s subsidiary.

Seminar discusses child rights and adoption

Local and foreign experts on child-related issues shared experiences in ensuring the rights of children through adoption at a workshop held by the Ministry of Justice in the central city of Da Nang on Jan. 14-15.