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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

TH Milk to conduct IPO for business expansion

TH Group has consulted with financial institutions to prepare initial public offering or IPO of its member TH Milk, which is involved in the dairy sector.

SCG officially holds a 100-per cent stake in Long Son Petrochemicals project

National Oil and Gas Group (PetroVietnam) has sold the remaining 29 per cent stake in Long Son Petrochemicals project to Thailand-based Siam Cement Group at price of VND2,052 billion or equivalent to $90.3 million.

Competition between PV Oil and Petrolimex toughly attributed to Japanese strategic partners' participation

The competition for petrol market shares between Petrolimex and PV Oil has been lasting over a long period of time and becoming more intense with the participation of JXTG Nippon Oil & Energy and Idemitsu Kosan, the two Japanese giant petroleum companies.

98 percent of Vietnam Cooperative Alliance's members still face loan accessing difficulty

Only two percent of Vietnam cooperatives have access to loan capital, the rest still have to grapple with loan accessing difficulty for operation, according to Nguyen Manh Cuong, vice chairman of Vietnam Cooperative Alliance.

Yeah1 to be listed in June, valued at over $400 million

Yeah1 Group Corporation has just announced that it would issue 7.82 million shares, equivalent to 25% of the company's shares, to cornerstone investors at about $13.2 per share.

Several enterprises face tax arrears and risks of devaluation during IPO due to maintaining two accounting systems

Two accounting systems results in a lack of transparency and it is also the shortest path leading to the devaluation of firm during future mergers and acquisitions (M&A) or initial public offering (IPO).

Russian Direct Investment Fund invests in TH Group's project in Russia

Russian Direct Investment Fund and TH Group are going to jointly invest in dairy projects worth $633 million in Russia.

Hoa Binh Group wins two construction packages worth over $120 million

Two large sized construction packages that Hoa Binh Construction Group has just won belong to projects of Alma Resort and Lancaster Lincoln.

SHB's obscure motive for $2-billion agriculture loan remains a thorny issue

The large credit spending on the agriculture companies is negatively impacting the business results of SHB, making its profits become much lower than its competitors.

Ba Ria - Vung Tau province approves a foreign-owned company to build airport

Ho Tram Project Co., Ltd. has been approved in principle to build Loc An specialized airport in the Ba Ria - Vung Tau province.

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