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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

AirAsia’s Vietnam venture fails to take off

The Malaysian budget airline's attempt to launch a low-cost carrier in Vietnam has fallen.

Former Google specialist leads Vingroup’s artificial intelligence unit

Multi-business giant Vingroup has announced the establishment of Research Institute for Artificial Intelligence, which will be led by a former Google specialist.

Vietnam’s leading builder goes international

Hoa Binh Construction Group has unveiled an ambitious plan to turn itself into an international building contractor.

Hyundai Elevator to chip in $25 million for Hoa Binh Construction Group

Vietnamese industrial and civil contractor Hoa Binh Construction Group will issue 25 million shares to Hyundai Elevator.

Banks expect profit growth to slow down

After a year of breakthrough, Vietnam’s commercial banks have become more cautious, setting lower profit targets this year.

Slow licencing takes its toll on Dat Xanh Group

Ho Chi Minh City-based real estate developer is struggling to complete legal procedures for its projects.

Dutch firm teams up with TTC Land to recycle plastic waste on Phu Quoc island

The two companies will establish a joint venture to recycle plastic waste on the island into materials used for building resorts and hotels or infrastructure.

Taseco Airs divesting Halong Bay hotel

The company withdraws from the 800-room hotel project for fear of losses it might incur in the first years of operation.

Fitch Ratings confirms creditworthiness of National Power Transmission Corporation

The company needs to invest around $700-800 million annually to meet its investment requirements.

Crystal Bay builds 3,300-room hotel in Ninh Thuan province

The hotel is part of Crystal Bay’s bigger plan to turn the south central province into a tourism hub.

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Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

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