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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

Anabuki Kosan seeks investment opportunities in Netland

The president of Japanese-backed Anabuki Kosan Inc. Tadatsugu Anabuki has recently visited Netland Real Estate JSC to explore opportunities on some real estate projects in the central region of Vietnam.

EFG Hermes makes a long arm for Vietnam market

The partnership signifies EFG Hermes’ strategy to widen its geographic footprint and identify new opportunities in the Southeast Asian nation of Vietnam, beyond its key presence in the Middle East and North Africa region.

Swiss-backed Givaudan to acquire Vietnam’s Golden Frog

Givaudan has reached an agreement to acquire the Vietnamese flavours company for an undisclosed amount in a bid to strengthen its market position in naturals.

Samty backs Phat Dat Real Estate’s expansion

Phat Dat Real Estate is going to receive $22.5 million from Japan-based real estate company to accelerate its ongoing projects in Ho Chi Minh City

SonKim Group bets $100 million on retail sector

Apart from real estate, SonKim Group is betting big on retail, with the launch of convenient store GS25 earlier on and now restaurant chain Kyo Watami.

Mitsui acquires 35 per cent stake in seafood firm Minh Phu

The Japanese company will also help Minh Phu to achieve further growth through the application of digital technology.

NewCo raises $261 million to acquire Phu Quoc project

NewCo Service JSC has announced its successful issuance of $261 million worth of corporate bonds to Techcombank in early May, as part of an attempt to upsize its working capital for ongoing operations.

SK Group chips in $1 billion to become Vingroup's strategic partner

The Korean giant starts to expand its presence in Southeast Asia.

Vietnamese dong weakened amid China's devaluing of yuan

The weakened dong has come as part of the Chinese yuan devaluation in the previous day, with the reported devaluation of some 0.8 per cent year-to-date, which in turn partially benefiting local exporters but also worrying importers.

Booming condotel inventory puts hotel occupancy under pressure

The rapid growth of Airbnb and condotels is posing significant challenges to traditional hotel business in Vietnam.

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