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How FLC plans to restructure

Conglomerate FLC plans to restructure after nearly a year of chaos by focusing on property development and resort operations and selling an unspecified stake in Bamboo Airways.

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Electricity firm Nhon Trach 2 reports revised 28-fold profit increase

PetroVietnam Power Nhon Trach 2 JSC reported after-tax profit of VND159.8 billion ($6.74 million) in the fourth quarter of 2022, up 32% year-on-year and 28 times higher than the figure previously reported.

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Thai industrial developer Amata earns $34 mln profit in Vietnam last year

Thailand’s biggest industrial developer earned an after-tax profit of 1.17 billion baht ($33.88 million) in 2022, up 57.09% year-on-year.