The submission of the draft resolution on Vietnam’s international financial center to the National Assembly heralds a new developmental era for the country.
Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.
Chief financial officers (CFO) in Southeast Asia are setting their sights on revenue growth to ensure resilience and maintain expansion through economic cycles.
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.
The reduction aims to boost consumer spending for three months.
The energy transition is bringing forth new challenges, particularly in refining financial systems.
Despite concerns about the potential "shock" to the industry, companies in the sector have shown resilience, maintaining financial stability and achieving notable business results.
The move involves the conversion of bonds into shares, signaling a strategic maneuver to shore up the company's financial standing and navigate turbulent market conditions.
Prominent Vietnamese real estate developer Novaland is grappling with a staggering debt of over VND57 trillion despite concerted efforts to restructure its financial liabilities.
The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.
The transaction consideration amounts to approximately $870 million and the deal is expected to be completed in the first half of next year.
Leaders can keep in mind that consumer power can scale change, and it is need to make sustainable choices easier for consumers.
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According to Phan Tuan Hung, director of the Legal Department under the Ministry of Natural Resources and Environment, the contribution fee for the collection, recycling and treatment of hazardous waste is mandatory for the purpose of encouraging businesses to adjust their product design as well as their production and business methods toward an environmentally beneficial direction.
With this bold step toward sustainable sourcing, Mondelez Kinh Do has become the first company in the food industry to use cage-free eggs.
