Locals step up M&A retail strategy with foreign players 14:00 | 21/05/2021
E-mart will sell its Vietnamese business to THACO
South Korea s largest supermarket chain E-mart is selling its retail store business in Vietnam to THACO Group after hitting road bumps to expand in the market. Accordingly, the local business will be converted to a franchise model managed by THACO, which will pay royalty fees to E-mart.
Since its debut in Vietnam in 2015, E-mart planned to open 10 hypermarkets within five years. At present, the retailer has only one hypermarket in Go Vap district of Ho Chi Minh City. The retailer failed to realise its expansion plans due to challenges in securing liscenses and development sites.
Becamex IDC and Central Retail Vietnam co-develop GO! shopping mall in Binh Duong
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Thursday, February 04, 2021, 12:26 GMT+7
Police officers surround Chang Chao Ching’s car following the murder in Ben Cat Town, Binh Duong Province, Vietnam, February 3, 2021. Photo: Tuoi Tre Contributor
A Chinese company director attempted suicide after murdering his Vietnamese girlfriend in the southern province of Binh Duong.
Officers under the provincial Department of Public Security confirmed on Wednesday they were investigating the murder, which took place in Ben Cat Town, earlier the same day.
The victim was D.T.V.Tr., a 27-year-old from the Mekong Delta province of An Giang.
The suspect is Chang Chao Ching, the 57-year-old Chinese director of Super Metal Vietnam, where Tr. was employed.
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18/12/2020 09:46 GMT+7
Former Hanoi chairman expelled from Party
The Party Central Committee on December 17 expelled former Hanoi chairman Nguyen Duc Chung from the Party over his serious violations.
The decision was announced at the 14th plenum of the Party Central Committee, the local media reported.
Early this month, the Party Central Committee’s Inspection Commission proposed the Politburo and the Party Central Committee expel Chung from the Party, who was being prosecuted, detained and suspended from Party activities at the time.
According to the Inspection Commission, Chung seriously violated Party regulations and the State law on protecting State secrets as well as regulations on activities that Party members are banned from, damaging the prestige of the Party and himself.
Saturday, December 12, 2020, 10:43 GMT+7
The ATM is seen broken after S. hammered it in Ben Cat Town, Binh Duong Province, Vietnam, December 10, 2020. Photo: B.S. / Tuoi Tre
A man has been arrested for breaking an ATM with a hammer after it dispensed the less amount of cash than that he had required during transactions in the southern province of Binh Duong.
The vandalism is being clarified, police in Binh Duong’s Ben Cat Town said on Friday.
According to preliminary information, S., the man in question, told the police he used his wife’s bankcard to withdraw money from a Sacombank ATM on DT741 Street in the town’s Hoa Loi Ward on Thursday morning.
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