Vietnam’s Vingroup in Talk to Buy LG Electronics’ Smartphone Business

LG Electronics reportedly wants to sell off its smartphone business to Vingroup, which has put forward the most attractive offer to acquire the smartphone business of the South Korea’s tech giant.


Binh Son Refinery posts Q4 after-tax profit at $54 mln

The Binh Son Refining and Petrochemical JSC, operator of Dung Quat Refinery, posted over VND1.25 trillion ($54 million) in after-tax profit in the fourth quarter of 2020, according to its financial report.


Vietcombank’s 2020 after-tax profit slightly reduces to $802 mln

Vietcombank (HoSE: VCB) has reported 2020 after-tax profit at VND18,446 billion ($802 million) vs VND18,510 billion ($806 million) achieved in 2019, according lender’s earning statement.