TIẾNG VIỆT 
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.
Companies
China-invested electronics firm eyes $60 mln expansion in Quang Nam province
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.
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.
Vietnam EV maker VinFast secures $2.5 billion in fresh funding pledges
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.
- 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
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.
ADB commits US$20.5 bln to support economic recovery in Asia and Pacific
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.
Asia Clean Capital Vietnam receives backing from Swiss Investment Manager
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.
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.
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SSI Securities targets 2023 consolidated pre-tax profit at VND 2,540 ...
SSI Securities got approval for the plan to reach VND 2,540 billion in consolidated pre-tax profit in 2023 at the Annual General Meeting of Shareholders held Tuesday in Ho Chi Minh City.
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Vietnam's Masan to delay The CrownX IPO, issue up to $500 mln international ...
Vietnamese conglomerate Masan Group will delay the listing of the country's biggest retail company, The CrownX, and issue up to $500 million in international convertible bonds to boost its working capital.
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Vietnam's VinFast debuts budget EV as Chinese rivals jump in
VinFast has debuted its cheapest electric car yet, a $23,000 model for sale in Vietnam, a market where Chinese rivals are streaming in even as motorbikes continue to rule the roads.
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Three foreign groups plan to pour 3.7 billion USD into Vietnam
Three foreign groups unveiled their plans to pour 3.7 billion USD into Vietnam at the Prime Minister’s meeting with foreign investors in Hanoi on April 22.
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Taiwan electronics firms eye further investments in Vietnam
A delegation of the Taiwan Electrical and Electronic Manufacturers’ Association has visited cities and provinces in northern Vietnam to discuss further cooperation as part of the global trend of supply chain diversification.
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Vietnam battery, EV maker nets $3 mln from ADB Ventures, others
Selex, a Vietnamese maker of electric two-wheelers and battery packs, has raised $3 million in a convertible note round from the Asian Development Bank’s venture capital arm ADB Ventures and other investors.
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'Pangasius queen' Vinh Hoan's Q1 profit down 59% to $9.6 mln
Vinh Hoan Corporation, Vietnam's leading pangasius fish exporter, reported an after-tax profit of VND225.7 billion ($9.6 million) in the first quarter of 2023, down 59% year-on-year.
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Ho Chi Minh City Securities reports Q1 profit at VND154 billion, down ...
Ho Chi Minh City Securities Corporation (HSC, HOSE: HCM) recorded Q1 profit before tax of VND 154 billion, down 56% from a year earlier.
