Mcredit stumbles as rivals surge ahead in consumer finance boom
While major consumer finance firms in Vietnam have reported strong growth, Mcredit posted an unexpected 87 per cent drop in profit for the first half of 2024.
While major consumer finance firms in Vietnam have reported strong growth, Mcredit posted an unexpected 87 per cent drop in profit for the first half of 2024.
The Vietnamese dong has strengthened against the U.S. dollar after hitting a peak in late July, with the exchange rate now at its lowest level in several months.
Non-financial companies are poised for continued profit growth in the second half of 2024, buoyed by a favorable monetary policy environment.
Vietcombank has announced the highest pre-tax profit in the banking sector for the second quarter and the first half of 2024, even as core revenue streams show a downturn.
Vietnam's real estate sector is grappling with significant challenges as it struggles to raise funds through bonds and faces looming maturity pressures in the latter half of 2024.
Real estate sector bonds account for a major trunk of corporate bonds due for redemption 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
According to Dragon Capital, the issuance of bonds this time is considered a necessary measure to moderate exchange rate fluctuations, rather than indicating a shift in monetary policy.
Dr. Cheah Kuan Yean, General director of Becamex Hospitality, lecturer and coordinator of Hospitality Concentration in Eastern International University, Binh Duong, shares with TheLEADER his view on sustainable practices and what the hotels have done to achieve the mission on environment, social and governance (ESG).
After almost seven years of growth and contribution to the domestic golf industry, VGS Group embarks on a new chapter with totally fresh investment.
Truong An Duong, General manager of North Vietnam and Residential at Frasers Property Vietnam, talks about the Singaporean developer's aggressive but sustainable expansion into industrial property in Vietnam.
The ODA loans Japan provides include $346.7 million for the socio-economic recovery and development of Viet Nam post-covid-19 pandemic, $43.3 million for the public transport infrastructure improvement in Binh Duong province, and $32.8 million for upgrading infrastructure for agricultural development in Lam Dong province (phase 1).
Sun World Ba Na Hills, as attractive and classy as "Disneyland" in Vietnam, will bring tourists lost in endless joy this summer with a series of festivals, exciting events, fascinating events, and world-class works of unique international stature.
Source separation of waste is seen as core solution in the circular economy application, and has been applied by countries having high recycling rates.