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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

Foreign fund invests $10 million in real estate broker CenLand

Investment funds managed by VinaCapital and Dragon Capital have been continually investing in Century Land Joint Stock Company (CenLand), which is valued at $84 million.

Value of IPOs set a record on Vietnam stock market up to nearly $1 billion in the first quarter

The wave of equitization of large state-owned enterprises has pushed the value of IPOs on Vietnam's stock market to a record in the first quarter of this year.

Thai Group invests in the $66-million solar project in Tay Ninh province

The partner of Thai Group, Green Energy Company from Vietnam, will account for a 51 per cent stake in the project and expects to put the project into operation in June 2019.

Grab-Uber acquisition probably fails

Days after Singapore began a probe into the deal between Grab and Uber under anti-competition scrutiny, the Philippines and Malaysia said that they will look into it on similar concerns.

Phuong Trang FUTA invests about $100 million in Vivu app: Change instead of complaint

Due to the wave of technology that Uber and Grab brought into Vietnam, FUTA Bus Lines – Phuong Trang Inc (FUTA) decided to pour VND2.2 trillion (roughly $100 million) in a future ecosystem.

Amata Ha Long smart city to be kicked off in 2020

The ever largest smart city in Ha Long, Quang Ninh province is expected to be commenced by Amata Vietnam in 2020.

Taking position in $439 million of pretax profit - race of Tecombank and VPBank

The ambitious targets set by banks in 2018 forecast that the private banks will usurp the state owned commercial ones.

VAMC to auction half-completed tower for at least $268 million

Saigon One Tower project which has been suspended for six years in Ho Chi Minh City now has the chance to be revived by the new investors through a public auction which is scheduled to be held in early April.

Billionaire Trinh Van Quyet’s airline is likely to 'threaten' Vietnam Airlines and Vietjet Air

Bamboo Airways may pose a risk of competition with Vietnam Airlines or Vietjet Air; however, this prospect will only happen as early as 2019.

Vietjet Air signs contracts worth $7.3 billion in France

Vietjet Air has recently signed a strategic cooperation agreement worth $6.5 billion with Safran - CFM and a $800 million - financing agreement with GECAS France.

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

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