TIẾNG VIỆT 
Vietnam raises retail electricity price by 3%
Vietnam on Thursday raised its average retail electricity price by 3%, the government said, in a move that could put upward pressure on inflation.
Companies
Danang Ba Na Hills investment raised to $1.7 bln
The Ba Na-Suoi Mo tourist complex developed by leading Vietnamese developer Sun Group will see its total investment increase to VND39 trillion ($1.66 billion) from the initial VND8 trillion.
Canada leading car repair network picked VinFast’s fixing partner
Vietnamese electric vehicle maker VinFast has selected Certified Collision Care as its strategic partner to administer and manage the VinFast Certified Collision Repair program in Canada.
Vietnamese edtech startup Teky gets funding for service expansion
Vietnamese educational technology startup Teky Alpha has raised $5 million in funding from Singapore-based impact investment firm Sweef Capital.
- FPT reports 11-month after-tax profit of VND6,027 billion, up 19% YoY 1
- Bain Capital to invest additional $50 million in Masan Group 2
- Vietnam retail giant Masan says investor tolerance for losses is fading 3
- Masan solves the tough problem of Vietnam's retail sector by using technology 4
- Vietnam Airlines shortens its road to recover 5
- Techcombank may seek strategic investors 6
Most view
U.S. grant to fund battery storage system in Vietnam
An advanced battery energy storage system run by AMI AC Renewables in central Vietnam will be built by U.S. conglomerate Honeywell with a $3 million grant from the U.S. Mission to Vietnam.
Vietnam-based LG factories post $329 mln profit in 2022
Electronics giant LG’s three factories in Vietnam recorded a total net profit of KRW434.51 billion ($328.5 million) in 2022, down 21% year-on-year.
Vietnam Airlines still incurs losses despite revenue surge in Q1
National flag carrier Vietnam Airlines recorded an after-tax loss of VND37 billion (US$1.6 million) in the first quarter of this year although its consolidated revenue skyrocketed 202 percent year on year.
World's apparel, sneakers hub Vietnam struggles as US ban on Xinjiang cotton ...
Tighter U.S. rules to ban imports from China's Xinjiang are compounding pressure on Vietnam's apparel and footwear makers, hitting a sector that has already shed nearly 90,000 jobs since October.
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China-invested electronics firm eyes $60 mln expansion in Quang Nam ...
Gouguang Electric (Vietnam) Company Limited plans to conduct a $60-million expansion in Quang Nam, the firm proposed at a Wednesday meeting with the central province's authorities.
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P&G to invest additional $100 mln in Binh Duong province
U.S. multinational consumer goods giant Procter & Gamble (P&G) plans to invest a further $100 million in the southern province of Binh Duong to expand production, according to a company executive.
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Vietnam EV maker VinFast secures $2.5 billion in fresh funding ...
VinFast received a fresh round of funding pledges worth $2.5 billion for its future development, in a move that may signal a new delay to its planned listing in the United States.
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Corporate bonds account for 10% of TPBank’s total outstanding loans
Vietnamese private lender TPBank’s corporate bond investments make up about 10% of its total outstanding loans and were covered by collateral, said CEO Nguyen Hung.
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ADB commits US$20.5 bln to support economic recovery in Asia and ...
ADB committed US$20.5 billion from its own resources in 2022 to help Asia and the Pacific continue its recovery from the COVID-19 pandemic despite fresh economic headwinds and crises.
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Asia Clean Capital Vietnam receives backing from Swiss Investment ...
Asia Clean Capital Vietnam, a leading international clean energy solutions developer in Asia launched by the founders of Asia Clean Capital, has received investment from SUSI Partners’ Asia Energy Transition Fund.
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Sacombank targets 2023 profit at VND9,500 billion, up 50% YoY
At this year's General Meeting of Shareholders, Sacombank's leaders presented the plan for a pre-tax profit of VND 9,500 billion, an increase of 50% compared to 2022.
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Saigon Newport to build $545 mln wharves in Hai Phong
The Prime Minister has allowed Saigon Newport Corporation, a leading port operator in Vietnam, to invest VND12.79 trillion in building two wharves at the Lach Huyen seaport in Hai Phong city.
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Food seasoning firm Vedan records 2022 sales of $195 mln in Vietnam
Vietnam remains the largest market for Taiwan-headquartered food seasoning maker Vedan with sales of $194.99 million in 2022, accounting for 43.2% of the firm’s total.
