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Vinhomes aims for $1.4 billion profit this year

Vinhomes aims for $1.4 billion profit this year

This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year

Novaland strikes deal to convert bonds to shares, easing debt pressures

Novaland battles debt woes despite restructuring drive

Vietnam shakes hands with Amazon to facilitate Vietnamese exports

Vietnam Trade Promotion Agency under the Ministry of Industry and Trade announced the cooperation with Amazon Global Selling to help Vietnamese enterprises, especially small and medium sized ones, promote exports through e-commerce.

US based toothpaste firm suffers $11 million loss in Vietnam

In the oral care market, the US based toothpaste company Colgate-Palmolive Vietnam is facing fierce competition from P/S and Closed Up and many other specialized brands.

VietinBank lags behind in race among the state-owned banks

While both Vietcombank and BIDV announced significant profit growth, Vietinbank remained quiet and kept secret until the end.

Vietnamese exporters can learn from the costly Ting Hsin scandal

Several years ago, the Vietnamese company Dai Hanh Phuc allegedly sold animal products to Ting Hsin, a Taiwanese food firm. Dai Hanh Phuc did not obtain the proper food safety conditions certificate, and resulting criminal case against Ting Hsin eventually saw the company’s chairman sentenced to 15 years in prison.

Vinaconex becomes a member of An Quy Hung

An Quy Hung Company Limited has paid the State Capital Investment Corporation, the previous owner of Vinaconex, over $316 million to acquire nearly 58 per cent of Vinaconex’s shares.

Orion Vina enjoys huge profits from ChocoPie sales

In 2018, Orion Vina has still retained the growth since previous years. The company reported the nine-month revenue of 151.9 billion won, equivalent to $150 million.

BIDV maps out plan to transfer 15 per cent stake to Korean strategic investor

Joint Stock Commercial Bank for Investment and Development of Vietnam has recently announced its specific plan on issuance of 600 million new shares to Korean based KEB Hana Bank to raise its charter capital.

Wyndham to run two gold-plated hotels in Hanoi and Hoi An

Hoi An Golden Sea and Hanoi Golden Lake will open their doors by late 2019 and 2020.

Vietcombank is no longer major shareholder of MBBank and Eximbank

Vietcombank's shareholding in MBBank and Eximbank has dropped to less than five per cent in compliance with the regulations of the State Bank of Vietnam.

ADB provides $300 million loan to BIDV to support local small and medium sized enterprises

This is the largest commercial loan that the Asian Development Bank has provided to an Asian commercial bank so far.

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Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

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