TIẾNG VIỆT 
Vietnam's Binh Son refinery to borrow $754 mln for expansion plan
Binh Son will take $754 million worth of loans for a project to expand its sole oil refinery and boost its annual crude oil processing capacity by more than 1 million tonnes.
Companies
A 19-year-old investor spends VND157 bln to acquire 4.66% of Cienco4’s stakes
University student Nguyen Thi Thao has become the holder of 15.7 million shares of Cienco4 Group JSC, formerly known as Construction Department under the Ministry of Transportation.
Taxi major Mai Linh reports first profit in 4 years
Mai Linh Corporation, a leading taxi operator in Vietnam, reported after-tax profit of VND1 billion ($42,600) in 2022, its first profit in four years, thanks to the strong post-pandemic recovery.
Foxconn acquires more land in Vietnam to add $100 mln
Foxconn will add another $100 million to Vietnam as the Taiwanese electronic giant pushes ahead with efforts to shift more production away from mainland China as part of global supply chain diversification.
- PVI Holdings seeks strategic shareholders for Hanoi Re to forge long-term growth 1
- FPT reports 11-month after-tax profit of VND6,027 billion, up 19% YoY 2
- Bain Capital to invest additional $50 million in Masan Group 3
- Vietnam retail giant Masan says investor tolerance for losses is fading 4
- Masan solves the tough problem of Vietnam's retail sector by using technology 5
- Vietnam Airlines shortens its road to recover 6
Most view
Major pharma firms report mixed Q1 profit results
Hau Giang Pharmaceutical reported a record after-tax profit in the first quarter of this year, Vinapharm's figure increased by 148%, while Traphaco and OPC posted drops of 10% and 28%, respectively.
Singapore's UOB bets on Thailand, Vietnam in ASEAN growth surge
Major Singaporean lender United Overseas Bank is moving in on rivals in Southeast Asia as its buyout of Citigroup's business in key regional markets adds millions of clients, potentially millions in revenue.
Vinacomin exports 23,000 tons of coal to South Africa
The Vietnam National Coal - Mineral Industries Group (Vinacomin) has exported 23,000 tons of coal to South Africa.
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
