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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

Vinacafé Bien Hoa's response to the recall of Wake-up instant coffee in US

Vinacafé Bien Hoa’s Wake-up instant coffee is being recalled in the US due to its mistake of improper labeling other than the quality of products, according to Vinacafé Bien Hoa, a subsidiary of Masan Group.

PetroVietnam attained US$16.2 billion in revenue in 9M 2017

In the first 9 months of 2017, the crude oil extraction in Vietnam exceeded its plan by 297,000 tons, contributing significantly to the economic growth of the country.

Fitch announces new credit rating on Vietnam's property giant Vingroup

The global credit rating agency Fitch Ratings has just maintained a B + rating and stable outlook for the country's largest real-estate company Vingroup JSC (Vingroup).

Vietnam's high public expenditure posing fiscal challenges

The Government of Vietnam and the World Bank released the report "Vietnam Public Expenditure Review: Fiscal Policy towards Sustainability, Efficiency and Equity" on October 3 in Hanoi.

Song Da Corporation not to sell stake to strategic investors

Under the newly adjusted plan, Song Da Corporation (Song Da), the largest hydropower construction firm in Vietnam, will not sell its shares to strategic investors in its initial public offering.

SCG divestment from Tien Phong Plastics raises questions

The Thai building material firm Saraburi, a subsidiary of Siam Cement Group (SCG), recently registered to divest from its stake in Tien Phong Plastics, sparking speculation about the firm’s motivations.

VinFast reveals 20 car designs for Vietnamese

According to VinFast manufacturing and trade Ltd company- an affiliate of real estate developer Vingroup, its sedan and sport utility vehicle designs are created by four famous Italian car design firm, including Pininfarina, Zagato, Torino and ItalDesign and two sedan and SUV designs will be manufactured from selection of its potential customers.

Inflows from foreign funds push domestic investments in Vietnam

According to a quarterly report just launched by the leading US real estate consultancy firm CBRE, in the first eight months of 2017, Vietnam received a total of US$23.4 billion from 1,624 newly licensed projects which witnessed an increase of capital and activation of stakeholders’ purchase, a 45.1 per cent year-on-year increase.

FDI in textile industry: "The outdated technology is still invested because it is cheap"

Outdated technology from China is coming to developing countries and Vietnam is believed to be an opportunity market, especially in the field of textile investment.

Vietnam's Manufacturing Purchasing Managers' Index (PMI) rises to 53.3 in Sep

Vietnam's manufaturing PMI increased to 53.3 in September, up from 51.8 in August.

Stock indexes
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87.16 -0.99 -1.12
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