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Vinhomes aims for $1.4 billion profit this year

Vinhomes aims for $1.4 billion profit 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

Korea’s Alliex plans to invest $721 million into Vietnam’s POS system

The Seoul-based financial solutions provider is going to spend the fund on Vietnam’s integrated POS infrastructure, paving the way for other Korean investors to invest in the fintech field in the country.

ThaiBev hungers for multi-sector investments in Vietnam

Thai billionaire Charoen Sirivadhanabhakdi, founder of Singapore-listed Thai Beverage, has expressed his keen interest to invest in a wide range of industries beyond beverage in Vietnam.

Losses in startups must be taken as a given

It is totally normal for startup businesses to make losses in the early years, as long as investors see a light at the end of the tunnel for these to reach profitability at a point in the future.

Foxconn to invest in $40-million assembly factory in Quang Ninh

The Taiwanese electronics giant is considering setting up a TV screen plant in Quang Ninh province. Once completed, 3,000 jobs will be made available for local residents.

PAN Food leverages safety certification to win tough export markets

Being the first confectionery producer in Vietnam to get FSSC 22000 in late 2018, PAN Food Manufacturing is now confident to export its food products to highly demanding markets like Japan, expecting to boost its overall exports by 40 per cent this year.

Techcombank’s loan growth relies heavily on Vingroup’s projects

In the first quarter, Techcombank’s lending growth has risen stoutly as the lender started to disburse home loans to buyers of the Vinhomes Sapphire project.

VEFAC to raise $532 million to develop new national exhibition centre

VEFAC is going to issue shares to finance a number of its projects, including the Vietnam Exhibition Fair Centre to be built in Dong Anh district, Hanoi.

SBV revokes National Australian Bank’s representative office license

The central bank has issued Decision No. 1197/QD-NHNN on June 7 to invalidate National Australian Bank (NAB)’s license to operate as a representative office in Hanoi.

AEON to invest $280 million in its third shopping mall in Hanoi

The addition of the third shopping mall in Hanoi will be in line with the Japanese retailing group’s plan to set up 20 AEON malls in the country by 2025.

Vietnam’s bond market dwarfed by emerging East Asia countries’

Vietnam’s LCY bond market is smallest in size compared to other emerging East Asia markets such as Indonesia ($217 billion), Singapore ($310 billion), Malaysia ($353 billion) and Thailand ($399 billion).

Stock indexes
1,205.08 -0.53 -0.04
Volume: 159,673,512 Value: 4,414 (Billions VNĐ)
226.73 -1.14 -0.5
Volume: 18,075,232 Value: 347 (Billions VNĐ)
88.19 -0.18 -0.2
Volume: 7,027,298 Value: 177 (Billions VNĐ)
1,233.69 1.52 0.12
Volume: 57,200,897 Value: 2,330 (Billions VNĐ)