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Novaland battles debt woes despite restructuring drive

Prominent Vietnamese real estate developer Novaland is grappling with a staggering debt of over VND57 trillion despite concerted efforts to restructure its financial liabilities.

Masan completes $250 million investment deal with Bain Capital

The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.

Gelex emphasizes risk management as priority

In a strategic shift following years of extensive mergers and acquisitions across diverse sectors, Gelex is set to revamp its governance structure in the upcoming years.

VinFast expands network despite losses

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.

Vingroup to expand to Philippines this year

Vingroup’s electric vehicle brand VinFast will lead the way for Vingroup’s investments in the Philippines in 2024, beginning with electric car and motorcycle dealerships.

VGS Group reshuffles leadership

After almost seven years of growth and contribution to the domestic golf industry, VGS Group embarks on a new chapter with totally fresh investment.

A vital hub for MICE tourism in Danang

Ariyana Convention Centre Danang is emerging at the heart of the thriving MICE tourism industry in the central coast.

IFC to chip in $150 million to buy BIM Group bonds

It is the first local currency sustainability-linked bonds of Vietnam, issued by two subsidiaries of BIM Group, a multi-sector corporation in Vietnam.

Vietjet borrows $550 million to buy Boeing aircraft

Vietjet and Carlyle Group has signed an aircraft finance agreement worth US$550 million during the official visit of the US President Joe Biden to Vietnam.

Navigating crisis with one page for change

While the core principle of OKRs (objectives and key results) is "shared goals lead people", in many Vietnamese businesses, OKRs remain "managers lead people". This indicates that goal management in Vietnam is highly subject to cultural factors and intuitive judgements.

Stock indexes
1,272.64 -9.09 -0.71
Volume: 1,072,465,256 Value: 25,430 (Billions VNĐ)
244.15 -1.43 -0.58
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95.92 0.3 0.31
Volume: 90,610,674 Value: 1,527 (Billions VNĐ)
1,284.02 -15.73 -1.21
Volume: 292,280,874 Value: 9,270 (Billions VNĐ)