Companies

PetroVietnam’s 2022 revenue may reach $36 billion

In 2022, PetroVietnam's revenue may increase by 41-43% compared to 2021, according to PVN Group.

Vietnam's VinFast ships first electric vehicles to U.S. customers

Vietnam's electric vehicle maker VinFast said on Friday it had shipped its first batch of 999 cars to the United States

Citigroup converts $1 mln worth of bonds in Vietnam's property developer No Va Land to 271,000 shares

Vietnam’s fourth-biggest listed property developer No Va Land said Citigroup has converted $1 million worth of its five convertible bonds into around 271,000 shares of the company.

Vingroup collaborates with China's Gotion to establish a battery ...

In order to create a domestic supply chain for its own electric vehicles, Vingroup, the country's largest private-sector conglomerate, has started construction on a new battery plant, Nikkei Asia reported.

Hoa Phat keeps developing the real estate sector

The objective of Hoa Phat is to be among the top three Vietnamese real estate firms.

Hyundai establishes a new 100,000-unit-capacity automobile facility in ...

A large new facility was established in Vietnam by Hyundai Motor and conglomerate Thanh Cong Group as it seeks to increase output and maintain its dominant position in the market, Nikkei reported.

Financial Times applauds Nyobolt's tungsten battery technology

Nyobolt, a startup funded by Masan High-Tech Materials has outperformed numerous excellent applicants to advance to the final round ‘Tech Champions’ organized by Financial Times.

Masan's ambition to turn Vietnam into a Tungsten recycling technology ...

Masan Group also seeks the Vietnamese Government’s support in reviewing and approving of the import of tungsten scrap to ensure stable raw material supply for the Tungsten Scrap Recycling Project.

HAGL reports highest profits in 8 years

Agricultural firm Hoang Anh Gia Lai reported a net profit of VND1 trillion ($40.3 million) for the first 10 months of the year, its highest since 2014.

Hoa Phat's sales volume of steel reached 492,000 tons in October

In October 2022, Hoa Phat Group recorded 567,000 tons of crude steel output, a decrease of 19% over the same period.

Masan's core profit grows by 40% amid challenging environment

Masan Group has reported net revenues of VND55.5 trillion ($2.2 billion) in the first nine months of 2022, a year-on-year increase of 4.8 percent.

Adidas remains investing to expand in Vietnam

Adidas will continue to increase production, and business, scale up, and create more jobs for more employees, establishing Vietnam as a major Adidas production hub, according to Adidas CEO, Kasper Rørsted.

PVOIL loses over $160,000 each day

PVOil recorded its largest loss in the third quarter since the past ten quarters, due to the ongoing decline in the retail price of gasoline.

Samsung's chairman expected to visit Vietnam for further business ...

Samsung Electronics Chairman Lee Jae-yong is scheduled to visit Vietnam to improve global management and look for new commercial investment prospects there, Korea Times reported.

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Companies

Masan High-Tech Materials listed for 5 consecutive years in the Top 100 Sustainable Enterprises in Vietnam

“Vietnam is an attractive market for premium banking services” says Nuno Matos, Chief Executive Officer, Wealth and Personal Banking, HSBC

Masan Group draws down $600 mln from the international lenders