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VinFast expands network despite losses

VinFast expands network despite losses

The gross loss of Vingroup’s electric vehicle brand VinFast saw an increase of 7.3 per cent last year when the company expanded its commercial footprint.

Techcombank expects to gain huge profit from the divestment in TechcomFinance to Korea-based Lotte Card

The divestment in TechcomFinance is expected to help the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) record an extraordinary profit of more than VND1.1 trillion (US$48.4 million) in the first and second quarter of this year.

A half of about US$3.4 billion of registered FDI capital disbursed in the first two months

As of February 20, 2018, FDI projects have disbursed US$1.7 billion, up 9.7 per cent over the same period of 2017, according to a report just released by the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).

Hapro becomes the acquisition target of BRG Group

N.A Vietnam Motor Co Ltd (Vinamco), a subsidiary of businesswoman Nguyen Thi Nga’s BRG Group, is planning to become a strategic investor of Hanoi Trade Corporation (Hapro) in its share aution by this March.

Vietnam's US$9 billion refinery is ready for operation from February 28

Nghi Son refinery, Vietnam’s second oil refinery, is ready for commercial start-up from February 28, according to the latest announcement released by the Vietnam National Oil and Gas Group (PetroVietnam).

Four airports to be built in the next two years

There is a number of key projects in the next two years including the construction of Long Thanh international airport in the first phase and three new airports, namely Van Don, Phan Thiet and Sapa.

Three reasons for Vietnam's powerful attraction to foreign investors

According to high-profile economic Prof. Nguyen Mai, it is the Law on Investment of Vietnam that enables Vietnam to successfully attract foreign investment capital and rapidly issue procedures for businesses.

VinaCapital invests US$32.5m in Vietnam's leading eggs and poultry meat producer

Vietnam Opportunity Fund (VOF), a flagship of VinaCapital, has invested US$32.5 million to acquire a significant minority stake in Ba Huan JSC.

TTC Group officially enters the solar power play-field

By putting the first solar power plant – Phong Dien plant into operation this year, Thanh Thanh Cong Group (TTC) is expressing its determination to become the number one solar power producer in Vietnam.

THACO inaugurates the US$22-million agricultural machinery factory

Truong Hai Automobile Joint Stock Company (THACO) has just conducted the grand open ceremony of THACO agricultural machinery manufacturing factory with a capacity of 2,000 tractors a year in Chu Lai - Truong Hai Auto Machinery Industrial Complex belonging to Chu Lai open economic zone in the central Quang Nam province.

Government expects to gain nearly one trillion dong from Hapro’s IPO

The Government has decided to divest all of its 34.51 per cent stake in Hanoi Trade Corporation (Hapro) in the initial public offering (IPO) on this March 30.

Stock indexes
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90.6 0.28 0.31
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