Companies

The dry season of REE

Hydropower, REE's new growth pillar, is facing challenges amid the gloomy business of refrigeration mechanical and electrical segments.

VinFast to launch an EV plant in Indonesia in 2026

Vietnamese electric vehicle maker VinFast plans to launch a factory in Indonesia in 2026 as part of its Asia expansion plan.

US-based SSA Marine partners with Gemadept to build $6.7-billion logistics centre

The US-based SSA Marine and Vietnam's Gemadept are collaborating to build the Cai Mep Ha Logistics Center in Vietnam, which is expected to be worth $6.7 billion.

US finance institution commits a $300 million bilateral loan to VPBank to promote sustainable ...

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the United States International Development Finance Corporation (DFC) signed a Commitment Letter for a $300 million seven-year bilateral loan.

Boeing to deliver 12 of 200 aircraft order to Vietjet in 2024

Vietnam’s budget carrier Vietjet and Boeing have finalized the plan to deliver 200 aircraft right after US President Joe Biden's visit to Vietnam, with 12 aircraft to be shipped in 2024.

Singapore’s Soilbuild Group Holdings to invest $45 mln in Nghe An

Nghe An province licenses Soilbuild Group Holdings Pte to develop a system of ready-build factories and offices located in WHA Industrial Zone 1.

Vietnam Air, Boeing near $7.5 billion deal for 50 737 max planes

Vietnam Airlines is expected to sign an initial agreement to buy about 50 Boeing 737 Max jets in a deal valued at about $7.5 billion.

PwC: Publicly-listed companies exhibiting caution in starting their ESG ...

Recent PwC Vietnam report reveals that publicly-listed companies in Vietnam remain cautious when getting underway with ESG.

IFC commits to inject $1.9 billion into Vietnam in 2023

IFC’s total commitments in Vietnam reached close to $1.9 billion in FY2023, of which $520 million was in long-term finance, the organization said in a statement.

Hoiana reports its first positive EBITDA since opening, pushing LET Group into 1H23 ...

Vietnam's mega casino recorded its first Adjusted EBITDA profit of HK$10.1 million ($1.3 million) in 1H23, boosted by a 687% year-on-year increase in gross gaming revenues.

Sabeco to raise charter capital by issuing more than 641 million bonus ...

Saigon Beer-Alcohol-Beverage Corporation, also known as Sabeco, has decided to raise its charter capital by issuing more than 641 million bonus shares.

Enterprises expect orders in remaining months, pinning hope for a better year in ...

Although difficulties remained, enterprises expect to see slight improvements in orders in the coming months, pinning hopes on easing inflationary pressure for a better year in 2024.

Banks report lower profits on rising bad debts

Rising bad debts, declining asset quality, and shrinking net interest margins are the main challenges facing Vietnamese lenders at the present time.

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Companies

Australia's Acuity Funding to inject $6.4 billion into Tin Thanh Group

Vietnam's VinFast to deliver EVs to Europe this year as EU probes China rivals

Masan Group achieved its 10th “Vietnam’s 50 Best Performing Companies” recognition