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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

AEON excels in Vietnam's cutthroat retail industry

Whilst most of retailing groups are struggling in the fierce competition of the retail industry, Aeon Vietnam is still able to gain millions of dollars after just a few years of operation.

LienVietPostBank mortgages Gov't bonds for a $50 million loan

The total value of these Government bonds is around VND1.45 trillion, equivalent to $62.3 million, higher than the value of a loan offered by JP Morgan Chase to LienVietPostBank.

Lotte Vietnam cannot offset loss despite huge increase of sale

Strong growth of sales over the past years helped Lotte Vietnam boost its profit but it still cannot offset its accumulated losses.

Vietnam's largest mattress distributor accelerates its store expansion

Upon the completion of the investment of Mekong Capital in mattress and bedding solution provider Vua Nem Joint Stock Company through Mekong Enterprise Fund III, Vua Nem has continuously opened new stores across the country, aiming to have 200 stores in the next two years.

Giant supermarket Big C sharply downturns after ownership transfer

After changing ownership, the operation of Big C in Vietnam is not very optimistic, especially with the decline in business result of Big C Thang Long, one of the largest Big C in Vietnam.

NutiFood enters instant coffee market to become flag-carrier

Despite being a newbie, NutiFood Nutrition Food Joint Stock Company expresses its ambition to dominate both the domestic and global instant coffee markets.

Vntrip.vn's valuation reaches $45 million despite mounting losses

Doubts over valuation of the Vietnamese online travel app Vntrip.vn raise after it has announced to successfully raise funding from Switzerland-based IHAG Holding in a round that sees its valuation rise to $45 million.

Suspended online payments through scratch cards catalyses Mobifone’s plunge

Mobifone's revenue and profit sharply decreased after this network operator had suspended online payments via scratch cards, challenging the completion of its 2018 business plan.

Seven out of ten largest retailers come from consumer electronics

According to Retail Asia's recent report, electronic retailers as Mobile World, FPT Shop, Nguyen Kim Trading and Vien Thong A are in the top ten retailers of Vietnam in 2017.

Japanese corporation acquires Fecon Mining

Japanese firm Asia Pile Holding, through its member Phan Vu Investment Corporation, will purchase a 51-per cent stake in Fecon Mining Joint Stock Company, the largest pre-stressed concrete pile producer in the north of Vietnam.

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1

Chinese corporations expand investment in Vietnam

2

Vietnam in a new FDI shift

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