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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

Microsoft's mobile phone factory slashed by 10,000 employees after an acquisition deal of US$350 million

Fushan Technology Vietnam, owner of the Microsoft's mobile phone factory in Bac Ninh province has slashed dramatically its number of laborers by 10,000 down to 3,000 only after the acquisition deal.

A local electronic firm leading Vietnamese TV brands joins smartphone market to follow Bphone

The first smartphone of Asanzo, a Vietnamese electronics joint stock company who is famous for manufacturing TV in Vietnam, will officially appear on the market on August 15.

Australia postpones imposing anti-dumping duty on Viet Nam’s wind tower exports

The Australian Anti-Dumping Commission (ADC) has reached decision to postpose anti-dumping duty on Vietnam's wind towers as there appear unsufficient grounds to prove that the goods exported to Australia have been dumped as well as are causing injury to the Australian industry.

Rumors cause Vietnamese stock market to vaporize US$1.8 billion

The rumors that former president of Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) (stock code: BID) was arrested have made the local securities market pay for a slump at the closing session on August 9, the lowest level in the past two years, equivalent to a vapor of US$1.8 billion in value losses.

Eagerness for the launching of derivative securities market: A playfield for 'big' investors

The official operation of derivative market has marked a milestone in the development of Vietnam's stock market, meeting the expectations of the Government, the business community and the investors.

Settlement of bad debts to chalk out bustling M&A in the banking sector

The National Assembly’s Resolution No. 42/2017/QH14 dated June 21, 2017 on the pilot settlement of bad debts of credit institutions is expected to remove barriers for the mergers and acquisitions (M&A) in the banking sector.

Foreign whirlwinds strike Vietnam retail market

With different strategies, numerous large retail brands in the world continue to set foot in Vietnam and intensify the competition for market share.

Sabeco and Habeco spent millions of dollars on advertisements in the first half of 2017

In the increasingly fierce competition among brewers, the two Vietnamese leading brewers, Habeco and Sabeco have spent millions of dollars on advertisements, which is considered a critical factor to gain market share.

Vinatex proposes for State capital divestment of US$220 million

The Vietnam National Textile and Garment Group (Vinatex) has proposed the Prime Minister for series of incentives, separate mechanisms and divestment of the State capital at Vinatex in order to strengthen the Group’s capacity and expand the business in the future.

An electronics retail giant emerges as M&A rumour looms

Nguyen Duc Tai, Chairman of Mobile World JSC (MWG), confirmed that MWG “has nearly finished negotiating” on the purchase of an electronics chain, which has been rumoured to be Tran Anh Digital World JSC (TAG). Accordingly, the share price of these two companies has drastically increased ever since.

Stock indexes
1,204.97 -0.64 -0.05
Volume: 569,651,810 Value: 14,173 (Billions VNĐ)
227.57 -0.3 -0.13
Volume: 61,955,215 Value: 1,223 (Billions VNĐ)
88.33 -0.04 -0.05
Volume: 23,322,065 Value: 487 (Billions VNĐ)
1,233.72 1.55 0.13
Volume: 176,498,597 Value: 6,620 (Billions VNĐ)