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Vincom Retail targets $199 mln profit in 2023

Vietnam's top shopping mall operator Vincom Retail is targeting net revenue of VND10.35 trillion ($440.13 million) in 2023, up 41% year-on-year, and post-tax profit of VND4.68 trillion ($199 million), up 69%.

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"Speed generates success," says Vu Tien Thap, CEO of D'FURNI

The "disassembled furniture" business model enables D'FUNRI to gradually overcome obstacles and quickly achieve success in the market.

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VPBank receives 10% deposit from Japan’s SMBC

VPBank has received a 10% deposit from Sumitomo Mitsui Banking Corp. (SMBC) in a deal to sell its 15% stake to the Japanese major bank, said VPBank chairman Ngo Chi Dung.