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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

Mobile World JSC gained US$64 million of profit after 8 months

In the first eight months of 2017, The gioi Di dong (Mobile World) earned the revenue of VND42,283 billion (roughly US$1.86 billion), a year on year increase of 56 percent.

Thai Company to start divesting all stakes in Tien Phong Plastics JSC to gain expected US$66 million

The Siam Cement Group Public Company Limited (SCG), the largest cement and building material company in Thailand and Southeast Asia who holds up to 98 per cent stake of Nawaplastic, announced that Nawaplastic will start offering its 23.8 per cent stake in Tien Phong company.

US$200 million investment project for Vietnam’s first aircraft engine parts factory kicked off

The ground-breaking ceremony for Vietnam’s first engine parts factory, Hanwha Aero Engines, was held in the Hoa Lac High-tech Park in Hanoi on September 21. This is the first aircraft, engine, and engine parts manufacturing industry-related project to be implemented in Vietnam.

Vinachem pays nearly US$264,433 of loan interest a day

The report of Vietnam National Chemical Group (Vinachem) shows that the total loans and finance lease liabilities of Vinachem as of June 2017 were more than VND19,000 billion (roughly US$837.37 million).

MoT's ineffective investment projects listed out

The Ministry of Transport (MoT) has not made the specific report on investment projects of the Shipbuilding Industry Corporation (SBIC) which seem ineffective as guided by the Ministry of Planning and Investment (MPI).

MoIT is drastic in eradication of 600 business conditions

Currently, the Ministry of Industry and Trade (MoIT) is drastic in eradication of 600 business conditions (commonly known as sub-licenses) to create favorable conditions for enterprises.

Xuan Cau Investment JSC acquires 50 per cent of BVIM's stakes

Bank for Investment and Development of Vietnam (BIDV) and Xuan Cau Investment Joint-Stock Company (JSC) have entered an agreement on acquisition of 50 per cent stakes of BVIM which, found in 2006, is a 50:50 joint venture between BIDV and Vietnam Partners LLC to manage investment funds in Vietnam.

The Australian Government finances Vietnam’s 17 startups

Twenty-one projects are honored, of which 17 are financed and the remainders are offered the non-financial support services.

Cam Pha Thermal Power Joint Stock Company to be listed on UpCoM on September 25

Cam Pha Thermal Power Joint Stock Company (TKV)’s stock will be listed as CPC on the Unlisted Public Company Market (UPCoM) with the reference price of VND10,000 (roughly US$0.44) per share.

Mitsubishi pushes negotiation over Vung Ang II thermal power plant project

Unit No. 01 of the Vung Ang II thermal power plant is expected to be commercially operated in 2021.

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