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The loss of heat in stock transactions has significantly diminished the revenue figures of securities firms, further exacerbating competition between them.
Vietnamese company Gilimex Inc. is suing e-commerce giant Amazon for $280 million for allegedly cutting back on orders, leaving it with an excess inventory. - VnExpress International
The capital scale of securities companies has grown robustly in the past two years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.
Saigon Beer brewer Sabeco saw its post-tax profit rising 25 percent year-on-year to VND1.2 trillion ($52.27 million) in Q1 thanks to the resumption of tourism and services. - VnExpress International