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Foxconn acquires more land in Vietnam to add $100 mln

Foxconn will add another $100 million to Vietnam as the Taiwanese electronic giant pushes ahead with efforts to shift more production away from mainland China as part of global supply chain diversification.

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Major pharma firms report mixed Q1 profit results

Hau Giang Pharmaceutical reported a record after-tax profit in the first quarter of this year, Vinapharm's figure increased by 148%, while Traphaco and OPC posted drops of 10% and 28%, respectively.

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Singapore's UOB bets on Thailand, Vietnam in ASEAN growth surge

Major Singaporean lender United Overseas Bank is moving in on rivals in Southeast Asia as its buyout of Citigroup's business in key regional markets adds millions of clients, potentially millions in revenue.