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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

Novaland strikes deal to convert bonds to shares, easing debt pressures

Novaland battles debt woes despite restructuring drive

Vietnam could be upgraded to emerging-market status in 2021

Apart from foreign ownership limit (FOL), Vietnam should seek to address a number of issues related to the FX market liberalisation, information disclosure in English, overdraft and short selling facilities to be considered for a market upgrade on MSCI in the next two years, according to VinaCapital chief economist Michael Kokalari.

Coca Cola elaborates on 'exclusively for sale in Vietnam' labelling

Local consumers have raised concern over Coca Cola’s labels of ‘Exclusively for Sale in Vietnam’ and ‘Exports are not authozised’ that has prompted the beverage giant to give explanation.

Alpha King looks to develop elevated monorail in southern hub

The Hong Kong-based company has expressed interest in setting up the first-ever elevated monorail transit system in Ho Chi Minh City.

Grab launches hotel booking service in Vietnam

Grab customers in Vietnam can now book hotels from Agoda and later Booking.com, directly on their Grab app platform.

Mekong Capital invests in Pizza 4P’s

Pizza 4P’s is Mekong Enterprise Fund III’s ninth investee company.

Vingroup quits Saigon Safari Park to venture into public transport

The multi-business giant has expressed keen interest in providing public transport in Ho Chi Minh City.

FastGo debuts helicopter-sharing service

The helicopter ride-sharing service provided by FastGo to explore Halong Bay will cost around $130 per person.

TH Group kicks off $162 million dairy farm project in Thanh Hoa

TH Group is putting in place another high-tech dairy farm project in Thanh Hoa province, which will be home to over 20,000 cows and a processing plant with designed capacity of 300 tonnes of milk a day.

Mekong Capital bankrolls Vietnam’s largest pharmacy retail chain

Although the detail of the offer has yet to be revealed, it can be estimated from the previous deals that the offer may cost from $8 million to $15 million.

Vietnam Airlines seeks to prevent pilots from job-hopping

Vietnam Airlines is struggling to retain its pool of qualified pilots amid the so-called excessive competition in the aviation industry, despite a heavy upfront cost poured into recruiting and training these pilots.

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