Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
Hanoi is set to receive a significant future supply of over 100,000 apartments starting from 2025, a tenfold increase compared to the current availability.
A swift increase in special consumption tax over coming years is expected to exacerbate challenges for alcohol producers, potentially complicating their ability to devise viable business strategies.
Vietnam's deposit interest rates may see a slight increase in the second half of the year as the economy shows clear signs of improvement, according to banking experts.
The apartment market in Hanoi shows no signs of slowing down as prices continue to soar, with industry experts projecting further escalation until hitting the affordability threshold for prospective buyers.
The gross loss of Vingroup’s electric vehicle brand VinFast saw an increase of 7.3 per cent last year when the company expanded its commercial footprint.
The company expects net revenue in 2023 of $702 million to $775 million, a year-on-year increase from 6 to 17 per cent.
Shifting to green economy and green growth will help businesses increase their competitiveness and catch up with trends on the domestic and foreign markets.
The circular economy is an alternative to traditional linear economies, where people take resources, make things, consume them and throw them away. This way of living uses up finite raw materials and produces vast quantities of waste.
For 2021, Siam Cement Group (SCG) in Vietnam reported revenue from sales of over $1,500 million, which is a 32 per cent increase year on year mainly from sales from new acquisition of Packaging, VKPC operation and chemicals operation (TPCVINA), as well as export sales from Thailand and ASEAN to Vietnam.
43 per cent of European companies in Vietnam plan to increase their investment in the first quarter of 2022, 2.5 times as high as the figure of the third quarter of 2021.
As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to HDBank – one of the country’s leading banks in climate finance – to increase its funding for renewable energy projects in Vietnam.
The aim is to increase the province’s waste treatment capacity and reduce its environmental footprint while protecting residents from health risks associated with untreated waste.
While Covid-19 drags on local currency bond markets in emerging East Asia, the market still got a positive increase.
