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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

Deposits into LienVietPost bank plummeted by over $800 million

The total deposits from customers in LienVietPost bank decreased by nearly VND19 trillion, equivalent to over $815 million in the third quarter of this year and the bank entered into a credit contract with JPMorgan Chase Bank to improve mobilization structure, according to its recently released financial report.

KIDO shrinks as foreign rivals heat up

After three quarters, KIDO Group Corporation, an integrated food and beverage consumer company, has just met nearly half of its annual revenue target.

Vietnam's largest pangasius exporter enjoys benefit of trade war

Export volume of Vinh Hoan can reach nearly 81,000 tons this year, up 4.8 per cent and an equivalent revenue of $413 million, up 6.7 per cent year over year.

Fast food foreign chains’ slow pace

Fast lifestyle and a changing consumption trend have become the motive force for the fast food boom, but when entering Vietnam, world famous brands seem not to catch on very well.

Top instant noodle producer UNIBEN's profit falls short despite $110 million revenue

High cost of sales leads to rather modest profits of UNIBEN over the last few years, even lower than the profit of Miliket, an effete brand.

Bamboo Airways will take off by year end

The new airline Bamboo Airways, owned by FLC Group, has just announced that its first commercial flight will be moved to the fourth quarter of this year other than on this October 10 as initially scheduled.

French giant retailer to open 300 supermarkets in Vietnam

Auchan Retail Vietnam would have to face great challenges in an increasingly competitive market if it wants to reach the target of expansion.

Vingroup retail subsidiary acquires Fivimart

All 23 Fivimart stores will be intergrated into Vingroup’s system and renamed to Vinmart soon.

HSBC Vietnam launched 24/7 e-customs payment service

HSBC’s new service is expected to shorten customs procedures for import – export activities of businesses, reduce storage costs and enhance the overall customer experience.

Great opportunities for foreign investors in Vietnam's education

With 41 per cent of the population aged within the golden demographic and the rapid increase in high net worth individuals’ and middle-class families, Vietnam is becoming a fertile land for foreign investors to jump in education projects as regulations are stimulating.

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