Vietnamese tycoon family’s fashion firm suffers sudden loss

Vietnamese tycoon family’s fashion firm suffers sudden loss

Duy Anh Fashion and Cosmetics JSC, owned by the family of billionaire Johnathan Hanh Nguyen, recorded a net loss of VND7 billion ($288,900) in the first half of 2023 compared to a profit of VND130.6 billion ($5.39 million) in the same period last year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

IPP Air Cargo withdraws first Vietnam cargo airline proposal

IPP Air Cargo withdraws first Vietnam cargo airline proposal

IPP Air Cargo is seeking permission to suspend its proposal to establish a cargo airline in Vietnam, citing negative impacts of the Russia-Ukraine conflict and the global economic recession.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

IPP Air Cargo JSC seeks Vietnam’s first cargo aviation license

IPP Air Cargo JSC seeks Vietnam’s first cargo aviation license

The Transport Ministry is seeking the Prime Minister’s permission to grant Vietnam’s first cargo aviation license to IPP Air Cargo, a private company chaired by tycoon Johnathan Hanh Nguyen.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7