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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

Domestic taxi firms unite to compete with Grab

"Vietnam Taxi Alliance", a gathering of 17 domestic taxi companies nationwide, has just made its debut and operated on EMDDI platform, a ride-hailing application developed by programmers from Hanoi National University.

Vietinbank plans to sell $441-million project in Ciputra urban area

Due to the restricted investment capital and the underexploited project, Vietinbank has asked its shareholders for the partial or whole transference of Vietinbank Tower project.

VEAM's stock hikes thanks to profits of Honda, Toyota and Ford joint ventures

Viet Nam Engine and Agricultural Machinery Corporation, one of the largest companies in the field of engineering, machinery manufacturing, truck assembly and manufacturing has attained strong profits, mainly attributed to successes of its joint ventures with Honda, Toyota and Ford car makers.

Korean investment funds suffer from Vietnam’s gloomy stock market

Korea Investment Trust Management Co., Limited has raised billions of dollars to invest in Vietnam's stock market since late last year, but the market has not maintained the growth as expected.

Vingroup to launch smartphones next week

After six months of research and development, first four Vsmart-branded smartphones of the leading multidisciplinary Vingroup will be launched on December 14, 2018 at Landmark81 Skyscraper in Ho Chi Minh City.

Vietcombank and VIB approved to apply Basel II standards

The State Bank of Vietnam has approved Vietcombank and Vietnam International Bank to apply the Basel II standards from January 01, 2019, one year ahead of deadline.

Mysterious intentions behind $316-million deal of acquiring Vinaconex

A bidder has generously offered $316 million to acquire a struggling Vinaconex, which economic experts find hard to understand.

Topica Edtech Group raises $50 million in funding round

This is one of the largest investments ever in educational technology in Southeast Asia.

VietinBank Insurance offers 25-per cent stake to Korean partner

The deal will raise VietinBank Insurance Co., Ltd´s capital to $28.6 million so as to improve its balance sheet and expand its operations.

Investor pays $300 million to acquire Vinaconex but still faces challenge ahead

An Quy Hung Company Limited is to mobilize over $300 million to pay the State Capital Investment Corporation, the current owner of Vinaconex before December 5 to aquire the leading real estate and construction firm.

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