Vietnamese entrepreneur Pham Ngoc Quoc Cuong has transformed a childhood love for football into a mission to connect cultures and share the Vietnamese spirit with the world through inspiring, globally oriented journeys.
Despite concerns about the potential "shock" to the industry, companies in the sector have shown resilience, maintaining financial stability and achieving notable business results.
Experts are presenting numerous data points and a more optimistic outlook on the investment market for the remainder of 2024, as well as in the medium and long term.
This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year
The move involves the conversion of bonds into shares, signaling a strategic maneuver to shore up the company's financial standing and navigate turbulent market conditions.
Prominent Vietnamese real estate developer Novaland is grappling with a staggering debt of over VND57 trillion despite concerted efforts to restructure its financial liabilities.
The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.
European business leaders were more positive about Vietnam’s trade and investment environment in the first few months after Covid-19, according to data from the Business Climate Index (BCI) of the European Chamber of Commerce in Vietnam (EuroCham).
Spending over VND9 trillion ($391.3 million) in the first half of the year on the construction of its Dung Quat Iron and Steel integrated complex through borrowings, Hoa Phat Group is paying an enormous amount of interest on its debts each day.
Deputy Prime Minister Trinh Dinh Dung has recently approved a plan to revive an industrial park project in Hai Duong province, which had been abandoned by Taiwanese investors for nearly a decade.