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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

Earning millions of dollars, H&M and Zara set firm foothold in Vietnam

According to Zara's sales report, its revenue in Vietnam in first half of this year reached around $41 million, which is double the figure in 2017.

Vietnamese online travel app raised Swiss investor's funding in its $45 million market capitalization

Vietnam's well-known hotel booking site Vntrip.vn has successfully raised funding from Switzerland-based IHAG Holding in a round that sees its valuation rise to $45 million.

Tough competition threatens solid position of Eurowindow in plastic door market

The leading manufacturer of plastic doors with reinforced steel Eurowindow JSC is coping with tough competition from its rivals with foreign imported products and its market share is likely to be endangered.

FLC Group officially launches Bamboo Airways

Bamboo Airways' first flights are scheduled in October and the airline plans to open 37 domestic and international routes in the near future.

Is Jetstar Pacific impeding Vietnam Airlines’ growth?

Within five years after being operated by Vietnam Airlines, Jetstar Pacific has never competed with VietJet Air and it also broke loss records even though its revenue has grown in line with the overall trend of the market.

Vietnam's mobile market heats up with foreign players

Despite being considered to reach a saturation point, the Vietnamese mobile market remains to be a fertile land which is experiencing a tough battle with dominance of foreign players across various market segments.

E-commerce marketplace Sendo enjoys $51-million investment

Sendo Technology JSC, the operator of online trading platform Sendo, announced that it has secured an investment of $51 million from existing partners and especially new investors namely SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures.

Singapore's largest listed real estate PropNex sets presence in Vietnam

Under the agreement on master franchise, Singapore’s PropNex Realty will acquire 25 per cent of the issued and paid up share capital of PropNex Realty Vietnam at a nominal sum of US$1.

Moody's upgrades ratings of local banks

Moody's Investors Service, also known as Moody's, has just upgraded the long-term local and foreign-currency deposit and issuer ratings of the three leading joint stock commercial banks of Vietnam.

Asanzo plans to call for $21.5 million from its distributors

The leading domestic electronic manufacturer Asanzo is working out an initial public offering plan and mobilize a large amount of capital from its distributors in order to expand its current production scale and diversify products.

Most read

1

Vietnam in a new FDI shift

2

Chinese corporations expand investment in Vietnam

3

In Vietnam's real estate sphere, optimism emerges despite lingering challenges

4

Vietnam's economic rise fuels European optimism

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