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Toyota Q1 net profit up 11pct to $5.6 bn, boosts FY forecast
Business

Toyota Q1 net profit up 11pct to $5.6 bn, boosts FY forecast

Toyota last year suffered its first drop in annual profit in five years.

Honda motorcycle sales boost quarterly net profit
Business

Honda motorcycle sales boost quarterly net profit

Motorcycle sales volume grew in India and Vietnam.

Vietnam lacks tools to net pyramid sharks
Business

Vietnam lacks tools to net pyramid sharks

Vietnamnet - Vietnam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say.

Debt-laden Hoang Anh Gia Lai reports first net loss in 10 years
Business

Debt-laden Hoang Anh Gia Lai reports first net loss in 10 years

Vietnamnet - The financial problems of Doan Nguyen Duc, president of Hoang Anh Gia Lai Group and one of Vietnam’s most influential businessmen, are widely known. However, it was only until 2016

Shell net profit more than doubles in 2016
World

Shell net profit more than doubles in 2016

Yahoo News Royal Dutch Shell on Thursday said profit after tax more than doubled in 2016, helped by a recovery for oil prices in the fourth quarter. Net profit for the full year came in at $4.58

UBS reports 22-percent drop in 4Q net amid tax effects
World

UBS reports 22-percent drop in 4Q net amid tax effects

Yahoo News GENEVA (AP) — Swiss bank UBS has reported a 22-percent drop in net income in the fourth quarter last year, due in part to tax effects, but says rising investor confidence in the United

VietJet CEO says net profit to climb 30 percent in 2017
Business

VietJet CEO says net profit to climb 30 percent in 2017

En nexpress - The carrier has the financial backing it needs for big aircraft orders from Airbus and Boeing, the CEO said.

Missed chances: how Berlin attack suspect slipped through net
Politics

Missed chances: how Berlin attack suspect slipped through net

As police hunt for Tunisian Anis Amri, the top suspect in Berlin's Christmas market attack, public anger has grown over a catalogue of failures that allowed him to evade arrest or deportation. Amri

Westpac Bank annual net profit slides seven percent
Politics

Westpac Bank annual net profit slides seven percent

Australian banking giant Westpac posted a seven percent slide in annual net profit Monday on the back of market headwinds and impairment charges but said it was well positioned with a strong balance

BP quarterly net profits surge to $1.6bn
World

BP quarterly net profits surge to $1.6bn

BP said Tuesday that net profits rocketed in the third quarter, aided partly by cost-cutting, and announced further spending cuts in response to low oil prices. Chief Financial Officer Brian Gilvary

Honda 2Q net profit up 39 percent, raises full-year forecast
World

Honda 2Q net profit up 39 percent, raises full-year forecast

TOKYO (AP) — Honda Motor Co.'s net profit in July-September jumped 39 percent from a year earlier to 177 billion yen ($1.7 billion), helped by strong sales of its sport utility vehicles in China, the

Merged Yoox Net-A-Porter aims to be as mobile as shoppers
Travel

Merged Yoox Net-A-Porter aims to be as mobile as shoppers

The merged luxury group Yoox Net-A-Porter Group is aiming to be as mobile as its shoppers. Since the two joined last year, CEO Federico Marchetti has invested in new technology, added services like

Vietnam casts wider net for Russian fish and seafood market
Business

Vietnam casts wider net for Russian fish and seafood market

There are some great reasons for optimism regarding expanding fish and seafood exports to the Russian market, says the Vietnam Association of Seafood Exporters and Producers (Vasep).

Vietnam, hungry for electricity, turns into net coal importer
Business

Vietnam, hungry for electricity, turns into net coal importer

Imports in the first eight months alone far exceeded the official projection for the whole year, which comes as a surprise.

Masan’s H1 net profit up by 184 percent
Business

Masan’s H1 net profit up by 184 percent

Masan Group, one of Vietnam’s largest consumer goods producers, has made public its business report for the first half of 2016, with net profit nearly tripling year on year.

Businesses on Facebook escape tax collectors’ net
Business

Businesses on Facebook escape tax collectors’ net

Management agencies are facing challenges in their efforts to collect debts from Google and Facebook, admitting that they have failed to control businesses through social networks, which attract tens

Vietnam’s Viettel African divisions net $116mn in losses for 2015: report
Business

Vietnam’s Viettel African divisions net $116mn in losses for 2015: report

A 25 percent increase in revenue fails to keep the company free from losses