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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

Foreign investors finance to help HDBank expand lending to smaller businesses

As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.

More chances for Vietnam to finance sustainable development

In support of the Vietnam Government’s aspiring climate goals and COP26 commitment to become a net zero economy by 2050, HSBC Vietnam has announced its commitment to arranging up to $12 billions of direct and indirect sustainable financing for Vietnam, and the corporate sector in Vietnam by 2030.

IFC provides $70 million-package for HDBank to boost climate finance

As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to HDBank – one of the country’s leading banks in climate finance – to increase its funding for renewable energy projects in Vietnam.

Five barriers in boosting the circular economy

Significant challenges remain in terms of gaining widespread buy-in from manufacturers to use of recycled materials instead of virgin raw materials.

Industrial zones in north central reap benefits from labor relocation wave

While provinces, especially in southern Vietnam, are facing a shortage of human resources, other areas such as the north-central region can benefit from the wave of people relocating back to their hometowns.

How companies are transitioning in circular economy

Despite the growing attention to circular economy in the public, the shift to business models seems to progress slowly.

IFC provides $30 million fund to waste-to-energy plant in Bac Ninh

The aim is to increase the province’s waste treatment capacity and reduce its environmental footprint while protecting residents from health risks associated with untreated waste.

eJOY closes seed fundraising round of hundreds of thousand USD

Vietnam-based edtech startup eJOY recently announced the completion of a seed fundraising round of hundreds of thousand USD.

Hayat sets to make Vietnam its hub in ASEAN

The recent launch of Hayat's globally leading diaper brand Molfix in Vietnam carries a $250-million investment in Binh Phuoc to position Vietnam as its regional production hub for Southeast Asia.

Danh Khoi Group ready for real estate market's rebound

After a long social distancing period, Danh Khoi Group is planning to implement a series of projects in the last quarter of the year, ready to get into an important final stretch that makes up for the period of business operations being delayed due to the pandemic.

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