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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

Scarcity of import automobile hikes prices of used motor vehicles and locally assembled cars

The Decree No. 116 leading to a continuous downward trend for import cars has created opportunities for brands like Nissan, Mazda or Kia to increase their prices as consumers preferences change to locally assembled car.

Self-certification mechanism looms to put in place to facilitate local exporters to EU

In January 2019, Vietnamese exporters to the EU will have to self-verify the origin of their products in order to be qualified for Generalized System of Preferences (GSP), tariff preferences for developing countries.

Vingroup gains an after-tax profit of $44.4 million in first quarter

Vingroup’s after-tax profit increased by 70 per cent over the same period last year, according to its financial statement for the first quarter of 2018 just released.

Novaland mobilizes additional $160 million to expand its land fund

Novaland has successfully raised $160 million from the issuance of its global convertible bonds which are officially listed on the Singapore Exchange.

Modern retailers anticipated to thrive despite exorbitant costs for convenience stores

The race of convenience stores in Ho Chi Minh City is becoming fiercer than Hanoi despite the increasing cost and lack of space in the metropolitan area, according to the world's leading real estate investment and advisory firm JLL.

A 'headache' of the Vietjet Air’s billionaire

Oil prices have approached $70 a barrel and Vietjet Air will have to adjust its profit plan in case they exceed this threshold.

Despite selling nearly 500 cars, a Mercedes dealer obtains a mere profit of $90,000

No one can measure the business effectiveness of Haxaco, one of the three largest Mercedes dealers in Vietnam, even when the market is favorable and the company always exceeds the sales plan.

Without license and aircraft, Bamboo Airways is determined to start flights at the year end

Bamboo Airways has contacted many partners to lease 10 aircraft which are planned to come into operation in the fourth quarter of this year, according to the airline’s representative.

Japanese corporation invests in Vietnamese Cungmua e-commerce system

After ACA Investments, Japan-based Scroll Corporation has become the second largest stakeholder of Cat Dong, which owns e-commerce sites Cungmua.com, Shipto.vn and Nhommua.com with 26.9 per cent stake.

Vietnam's logistics industry: A small hole could sink the whole ship

Weak synchronization and cost burden, are the biggest barriers for the logistics industry, potentially derailing the sustainable growth of Vietnam's economy.

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

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