Update news Burger King
The downward trend in the growth rate of the leading fast-food chain stemmed from market changes, consumer’s mindset as well as the emergence of alternative segments.
VietNamNet Bridge - Foreign fast food chains in Vietnam are some of the most famous in the world, but many of them have had to leave or close some of their shops in the country.
VietNamNet Bridge - Having to shut down some shops, Johnathan Hanh Nguyen, a renowned businessman dubbed ‘the branded goods King’, is facing problems with his fast food chains.
VietNamNet Bridge - The State Bank of Vietnam (SBV) has been taking a series of measures to stop dollarization, but the newly released 2015 financial report shows that the goal is still far away.
VietNamnet Bridge - Iron & steel manufacturers can anticipate a tough year 2016, when low-cost products, especially from China, will flow to Vietnam.
The Ministry of Transport (MOT) has been asked to thoroughly consider the Vietnam Airlines Corporation’s (VNA) proposal on setting up a new carrier, a proposal criticised by some as not transparent enough.
VietNamNet Bridge - Binh Duong, HCM City and Dong Nai are being considered by India to set up a satellite tracking station which would allow Vietnam access to images from Indian earth observation satellites.
VietNamNet Bridge - Television stations have lowered subscription fees in a scramble for subscribers.
VietNamNet Bridge - Managers of large conglomerates are believed to pocket hundreds of billions of dong worth of dividends this year. Many of them have been leading simple lives and doing big business.
VietNamNet Bridge - The Vietnam National Shipping Lines (Vinalines) has asked for the Ministry of Transport’s permission to sell an 83M floating dock for VND34.8 billion, or $1.5 million.
VietNamNet Bridge - In an effort to improve the training quality and reduce the unemployment rate, many universities and junior colleges haven decided to train students according to orders set by businesses.
This year’s historic drought and saltwater intrusion have been mostly caused by the extreme El Nino weather phenomenon. If the 11 hydropower dams in Mekong upriver become operational, Vietnam’s Mekong Delta will bear a ‘double disaster’.
VietNamNet Bridge - Under a new decision released by the Hanoi Education and Training Department on March 7, students repeatedly violating traffic laws will be forced to stay away from school for one week.