Asia’s largest low-cost airline group AirAsia is jumping hurdles on the path to investing in VietJet Aviation Joint Stock Co. (VietJet Air) to help this local carrier operate as a successful budget carrier as Vietnam Airlines has protested against this venture. Local media reported that Vietnam Airlines had appealed to the Prime Minister not to endorse AirAsia’s investment in VietJet Air under... 

HCMC – Shareholders of Saigon Thuong Tin Commercial Bank (Sacombank) in the general meeting on Monday approved the upgrade of the bank’s branches in Laos and Cambodia to wholly-owned banks. The meeting authorized Sacombank’s board of directors to choose a suitable time to change the operation model of the two branches in the neighboring countries. In addition, the bank will find opportunities...