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28 Dec 2022
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Apax holdings
Minjun ParkLiving

900,000 Apax Holdings shares force sold

Over 900,000 shares of Apax Holdings have been forced sold by stock brokerages after hitting the floor 16 sessions in a row. Apax Holdings chairman Nguyen Ngoc Thuy, also known as Shark Thuy, said that 113,000 of his IBC shares were forced sold by Bao Viet…

Netflix banner
Wei ZhangLiving

Netflix vows to put an end to free password sharing in 2023

Netflix has been trying to limit the use of password sharing since 2019 when its researchers informed the higher-ups that this is a major concern for the service’s revenues. However, Netflix’s willingness to stop the problem took a pause when COVID-19 started…

Spotify pmaylist
Rajiv MenonLiving

Spotify might soon know when your workout calls for a pump-up song

It appears that Spotify is working on an interesting new feature. The music streaming service is currently developing a HealthKit integration for its app. Chris Messina found this in Spotify’s iOS app code. For those unfamiliar with HealthKit, it is an iOS…

fuel petrol
Sarah ChenLiving

Gasoline prices dip to 18-month low

Gasoline prices plunged to the lowest since June 2021, with RON95 dropping 2.36% to VND20,700 ($0.87) per liter. E5 RON92 fell 1.82% to VND19,970. Diesel dropped 0.32% to VND21,600. Gasoline prices have fallen four times in a row since mid-November. They are…

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Minjun ParkLiving

Employees twiddle thumbs after being overworked earlier this year

Roughly one year ago, when the Covid pandemic hard hit southern factories, Trinh and many other garment workers in the southern province of Binh Duong covered a distance of nearly 2,000 km to return to their hometown, the central province of Thanh Hoa. After…

Gas Water and Multi utilities
Rajiv MenonLiving

Cooking gas prices up 3%

Cooking gas prices rose on Thursday in Ho Chi Minh City and other southern localities, with a 12-liter cylinder now costing VND438,000 (US$17.78), 3.06% higher than before. This is the second increase since November after prices fell for six months in a row…

California Fitness scaled
Sarah ChenLiving

California Fitness slows expansion to improve member retention

California Fitness & Yoga, one of the most popular high-end gym chains in Vietnam, is suspending its expansion to focus on retaining members while its competitors’ race to open more facilities. “We are not perfect,” said Dane Fort, CEO of FLG Vietnam, which…

Vietnam Electricity
Aiko TanakaLiving

Vietnam Electricity reports losses of $635 mln

Vietnam Electricity (EVN) posted losses of VND15.758 trillion ($635.4 million) between January and October, with higher fuel prices a major contributing factor. EVN said fluctuations in the world prices of coal, oil, and gas since the beginning of this year…

fuel
Minjun ParkLiving

Fuel market cannot be regulated by administrative diktats

The recent fuel shortages happened because retail prices did not follow the market economy principles, and the government cannot mandate prices, Prime Minister Pham Minh Chinh said. “Businesses only operate if they gain profits. It is difficult for the…

facebook messenger
Aiko TanakaLiving

Facebook launches new privacy tools to protect teens

Facebook is taking another step toward strengthening teens protection by introducing a new set of privacy tools. The social app announced today some updates to its policy of protecting young people from harm. After releasing similar features last year to…

vietnam fuel
Aiko TanakaLiving

Gasoline prices drop after 4 consecutive hikes

Vietnam’s RON95 gasoline price dropped 0.34% to VND23,780 ($0.96) per liter after rising in the last four adjustments. E5 RON92 price fell 0.18% to VND22,670. Diesel dropped 0.72% to VND24,800. The Ministry of Finance has acknowledged an updated…

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