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Samsung becomes the largest Vietnamese firm whilst Vingroup tops the biggest Vietnamese private ones

Vietnam Report Joint Stock Company (Vietnam Report) has just released two lists of top 500 largest Vietnamese enterprises and top 500 largest Vietnamese private enterprises in 2017 with top placements belonging to Samsung and Vingroup, respectively.

S&P upgrades Vingroup credit outlook to 'B+' from 'B'

The global credit rating firm Standard & Poor’s (S&P) has raised its long-term corporate credit rating on Vingroup Joint Stock Company to 'B+' from 'B' to highlight its good sales execution, scale expansion and stable outlook.

REE and Vingroup competing to purchase Vinaconex’s stake on its State capital divestment course

Refrigeration Electrical Engineering Corporation (REE) and Ecology Developmentand Investment JSC, a subsidiary of Vingroup, have been named as qualified investors that will participate in the auction of a 51 per cent stake in Vinaconex Water Supply JSC (Viwasupco), which is owned by Vietnam Construction and Import - Export Corporation (Vinaconex).

Focusing on professional football, Vingroup recruits Ryan Giggs and Paul Scholes

Vingroup officially announced it would sign a contract with world football player Ryan Giggs on the inauguration day of the new training base in Hung Yen next Monday (Nov. 20).

Vincom Retail's strategy pivoting real estate projects as spear to cash in shopping centers

Vincom Retail, a Vietnamese mall operator under the Vingroup JSC corporate umbrella, was listed as VRE on the Hochiminh Stock Exchange (HOSE) on November 6, 2017 and its share price was traded at a peak level beyond expectation.

Vingroup and Bosch plan to cooperate in production of cars and e-scooters

Vingroup and Bosch has just signed a Memorandum of Understanding (MoU), marking a critical milestone in the cooperation on car and e-scooter factory project.

Retail leasing attaining the highest profit margin for Vingroup

In the last five years, Vingroup attained total gross profit of nearly VND40 billion (nearly US$1.8 million) out of VND100 billion (US$4.4 million) of real estate revenue but retail leasing brings highest gross margin for this group.

Fitch announces new credit rating on Vietnam's property giant Vingroup

The global credit rating agency Fitch Ratings has just maintained a B + rating and stable outlook for the country's largest real-estate company Vingroup JSC (Vingroup).

VinFast reveals 20 car designs for Vietnamese

According to VinFast manufacturing and trade Ltd company- an affiliate of real estate developer Vingroup, its sedan and sport utility vehicle designs are created by four famous Italian car design firm, including Pininfarina, Zagato, Torino and ItalDesign and two sedan and SUV designs will be manufactured from selection of its potential customers.

New powers dominate the real estate market

In addition big companies such as Vingroup and Bitexco, a new generation of real estate investors has emerged and overshadowed popular names such as Vinaconex (Vietnam Construction and Im-export JSC), HUD (Housing and Urban Development Corporation) or Sudico (Song Da Urban & Industrial zone Investment and Development Joint Stock Company).

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