Vietcombank has announced the highest pre-tax profit in the banking sector for the second quarter and the first half of 2024, even as core revenue streams show a downturn.
For 2021, Siam Cement Group (SCG) in Vietnam reported revenue from sales of over $1,500 million, which is a 32 per cent increase year on year mainly from sales from new acquisition of Packaging, VKPC operation and chemicals operation (TPCVINA), as well as export sales from Thailand and ASEAN to Vietnam.
In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.
The flight VJ2737 today takes off and transports 230 stranded passengers from Danang to Hanoi. This is the first flight of the new-age carrier Vietjet operating to help passengers coming home while Danang has still imposed social distancing to prevent and control the spread of Covid-19.
Indochina Capital Chief Operating Officer Michael Piro talks about emerging destinations for hospitality investment in Vietnam.
Domestic investors demand on hotel investments has been growing in recent years, bringing fierce competition with foreign ones.
Textile, apparel and footwear factories in Vietnam has invested $37 million in resource efficiency measures to help them save $30 million in water, energy, and chemical operating costs annually.
Starting off as Nhat Nguyen Transport Trading Service Co., Ltd. in 1993, Hoa Lam has now emerged as a multi-business entity operating in banking, real estate and healthcare services.
The low cost carrier will be operating four new routes connecting Phu Quoc to various domestic and international destinations, to serve the rising number of tourists and investors attracted to the Pearl Island of Vietnam.
German business leaders in Vietnam maintain a positive view on the economic expectation and their situation in the country in 2019 and 2020.
After 13 years operating in Vietnam, the fund is saying goodbye to the country.
Residential players remained active while office continued to be one of the most exciting property sectors across the region in the last quarter of 2018, latest release from Savills reveals.
High growth of middle income people and rapid urbanization power the Vietnamese real estate market to grow, according to SonKim Land CEO Andy Han Suk Jung.
Effective market institutions, and a transparent, clean and accountable state are lynchpins of development for Vietnam to resolve four key priorities including private sector, infrastructure, human capital and green growth, according to World Bank Vietnam.
