Business

MiLAW Project: A breakthrough in space exploration

MiLAW Project: A breakthrough in space exploration

Michelin has been selected by NASA to participate in the research team for phase 1 of the Artemis project. The company's task involves researching and developing specialized airless wheels intended for lunar rovers.

Why the principle of “Trust” drives Bcons Group’s success

Why the principle of “Trust” drives Bcons Group’s success

Bcons Group has been leaving a lasting impression on the southern Vietnam’s real estate market. At the core of its achievements lies a single principle - “Trust” - the foundation that has propelled the company toward success and accelerated its transformation into a multi-industry conglomerate.

Tapping into opportunities for martech in Vietnam

Tapping into opportunities for martech in Vietnam

Vietnam's marketing technology landscape is evolving rapidly, propelled by a niche group of "whale" users who are driving a large portion of in-app purchases.

Tasco and Geely launch joint venture for car assembly plant in Vietnam

Tasco and Geely launch joint venture for car assembly plant in Vietnam

This agreement marks a significant step forward in the collaboration between two major automotive companies from Vietnam and China.

SuperPort Vietnam unveils new vision, targets net-zero emissions by 2040

SuperPort Vietnam unveils new vision, targets net-zero emissions by 2040

SuperPort Vietnam is set to become a multimodal logistics hub, linking China and Southeast Asia's freight networks with global markets.

TNH Hospital Group eyes major foreign investment to fuel ambitious expansion

TNH Hospital Group eyes major foreign investment to fuel ambitious expansion

Business  -  04/09/2024

Foreign capital is anticipated to aid TNH Hospital Group Joint Stock Company (TNH) in realizing its ambitious expansion plans.

Mcredit stumbles as rivals surge ahead in consumer finance boom

Mcredit stumbles as rivals surge ahead in consumer finance boom

Business  -  01/09/2024

While major consumer finance firms in Vietnam have reported strong growth, Mcredit posted an unexpected 87 per cent drop in profit for the first half of 2024.

Top firms leverage capital for long-term gains amid challenges

Top firms leverage capital for long-term gains amid challenges

Business  -  30/08/2024

Well-managed companies not only seek capital but also maximize their investments, creating a solid foundation for long-term growth.

Six pitfalls in organizational change: Insights from Digiworld

Six pitfalls in organizational change: Insights from Digiworld

Business  -  27/08/2024

Business leaders often stumble in managing organizational change, according to Digiworld's Vice President To Hong Trang, who cited the 5W1H formula as a framework.

Four companies recognized as best managed in 2024

Four companies recognized as best managed in 2024

Business  -  26/08/2024

Pham Nguyen Confectionery, Nhat Tin Logistics, OnPoint, and Lotus Group have been recognized by Deloitte Vietnam as the best managed companies.

Kim Long Motor unveils $260 million engine plant in Central Vietnam

Kim Long Motor unveils $260 million engine plant in Central Vietnam

Business  -  23/08/2024

Kim Long Motor and Yuchai Corporation have launched a $260 million engine manufacturing plant in Vietnam, marking a significant leap for the country’s industrial ambitions.

Inside Samsung Vietnam: Where high-tech precision meets maternal care

Inside Samsung Vietnam: Where high-tech precision meets maternal care

Business  -  23/08/2024

Samsung is committed to establishing itself as a leader in employee welfare within Vietnam’s electronics manufacturing industry.

Vietnamese emerge as key players in Samsung's global supply chain

Vietnamese emerge as key players in Samsung's global supply chain

Business  -  21/08/2024

Samsung Electronics’ factories in Vietnam have become a cornerstone of the company's global production network, manufacturing over half of its worldwide mobile devices and critical components.

Empower millennials and gen Z employees in workplace

Empower millennials and gen Z employees in workplace

Business  -  20/08/2024

Both millennials and gen Z employees thrive in an organization fostering a culture that meets their needs and prioritizes their well-being.

Phu Thai Holdings’ blueprint for sustained profit growth

Phu Thai Holdings’ blueprint for sustained profit growth

Business  -  19/08/2024

Phu Thai Holdings has successfully maintained strong profit growth despite the crisis, thanks to its enhanced core capabilities and accelerated development strategy.

Mitsui & Co invests in Tasco Auto

Mitsui & Co invests in Tasco Auto

Business  -  16/08/2024

Mitsui & Co., a leading Japanese trading and investment group, has officially become a strategic shareholder of Tasco Corporation's subsidiary Tasco Auto.

Vietnam's leading pepper exporter secures up to $25 million loan

Vietnam's leading pepper exporter secures up to $25 million loan

Business  -  14/08/2024

Phuc Sinh Corporation, a leading Vietnamese coffee and pepper exporter, has secured an investment of up to $25 million from SAIL Investments through its &Green Fund.

Novaland restructuring: Construction sites come back to life

Novaland restructuring: Construction sites come back to life

Business  -  14/08/2024

Novaland Group is in the final stages of a comprehensive restructuring effort, addressing legal, bond, and cash flow crises as it seeks to regain its position as a major player in Vietnam’s real estate market.

Non-financial firms expected to see strong growth in second half

Non-financial firms expected to see strong growth in second half

Business  -  13/08/2024

Non-financial companies are poised for continued profit growth in the second half of 2024, buoyed by a favorable monetary policy environment.

Alcohol industry braces for impact from special consumption tax hike

Alcohol industry braces for impact from special consumption tax hike

Business  -  10/08/2024

A swift increase in special consumption tax over coming years is expected to exacerbate challenges for alcohol producers, potentially complicating their ability to devise viable business strategies.

Taseco Land breaks ground on first industrial park in Ha Nam

Taseco Land breaks ground on first industrial park in Ha Nam

Business  -  04/08/2024

Taseco Land has initiated construction on its inaugural industrial park, Taseco Dong Van 3, located in Duy Tien district, Ha Nam province. The development aims to rapidly establish infrastructure to attract foreign investment into Vietnam.

Vietcombank reports record profits despite income declines

Vietcombank reports record profits despite income declines

Business  -  04/08/2024

Vietcombank has announced the highest pre-tax profit in the banking sector for the second quarter and the first half of 2024, even as core revenue streams show a downturn.

Investment hotspots: Where will capital flow in the second half of 2024?

Investment hotspots: Where will capital flow in the second half of 2024?

Business  -  04/08/2024

Experts are presenting numerous data points and a more optimistic outlook on the investment market for the remainder of 2024, as well as in the medium and long term.

Real estate bonds under dual pressure

Real estate bonds under dual pressure

Business  -  03/08/2024

Vietnam's real estate sector is grappling with significant challenges as it struggles to raise funds through bonds and faces looming maturity pressures in the latter half of 2024.

Real estate bond market faces mounting pressure

Real estate bond market faces mounting pressure

Business  -  12/05/2024

Real estate sector bonds account for a major trunk of corporate bonds due for redemption this year.

Vinhomes aims for $1.4 billion profit this year

Vinhomes aims for $1.4 billion profit this year

Business  -  04/04/2024

This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year