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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

HDBank plans to mobilize $300 million from offshore

The bank is planning to issue convertible bonds worth $300 million to supplement its operating capital while improving its capital adequacy ratio and lessening the maturity risk on the balance sheet.

Amazon – Alibaba competition toughens in Vietnam and Southeast Asia

Two e-commerce giants Amazon and Alibaba are prompting significant moves to dominate Vietnam and Southeast Asia market.

Piaggio's sale plummeted but still recorded profit

Although Piaggio's sale in Vietnam decreased sharply compared to previous years, its profit still reached $17-21 million per year in the last three years.

Grab suffers huge losses in Vietnam

Apart from being under the financial pressure of unprofitable business in Vietnam, Grab is also facing fierce competition from the domestic emerging ride-hailing apps such as Go-Viet, Fastgo.

Sojitz spends $35-million acquiring PAN Group’s 10pc stake

Besides becoming a strategic shareholder, the Japanese multi-sector group Sojitz will be coordinating with its local partner to develop agri-food projects in Vietnam and the region.

Heineken Vietnam reaped hefty profit despite still modest market share

Heineken Vietnam Brewery recorded a profit margin of 40 per cent, much higher than Sabeco's 17.6 per cent but its market share still lagged behind its rival which is dominating the beer industry.

Suntory PepsiCo Vietnam outperformed its rival Coca-Cola, doubling revenue

After being raised doubts over the price transfer, Suntory PepsiCo Vietnam has recorded an impressive business delivery of over $150 million in net profit in recent years.

Korean Group invests $470 million to become Masan's largest foreign shareholder

Korea’s multi-sector group has spent $470 million on purchasing nearly 110 million treasury shares, equivalent to a 9.5 per cent stake in Masan Group.

Administrative sanction imposed to retail store chain Con Cung

The Market Surveillance Agency has just issued a decision on an administrative fine of VND250 million, equivalent to $10,766 to the maternal and baby products distributor Con Cung for eleven violations.

Bamboo Capital pours investment in three solar power plants in Long An province

The first project was kicked off with a total investment of $42 million.

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