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SK Group invests in Vietnam solar energy

SK Group invests in Vietnam solar energy

SK Ecoplant, an affiliate of SK Group - the third largest conglomerate in South Korea, has formed a $200-million joint venture for rooftop solar energy development in Vietnam.
Techcombank enters billion-dollar profit club

Techcombank enters billion-dollar profit club

Techcombank, the country’s largest private lender, reported a 47 percent rise in pre-tax profits last year to VND23.24 trillion ($1.03 billion) to join Vietcombank in the billion-dollar club.
January 24, 2022 | 11:02 pm PT
Hoang Anh Gia Lai aims high with pig, banana farming

Hoang Anh Gia Lai aims high with pig, banana farming

Hoang Anh Gia Lai Joint Stock Company is focusing on pig and banana farming in Vietnam, Laos and Cambodia for export, its chairman Doan Nguyen Duc, said.
January 24, 2022 | 06:11 am PT
First billion-dollar logistics fund established in Vietnam

First billion-dollar logistics fund established in Vietnam

Singapore-based real estate investment management company GLP has established the GLP Vietnam Development Partners I with an investment of $1.1 billion, the biggest ever logistics fund in Vietnam.
January 22, 2022 | 06:53 pm PT
FPT profits grow 20.4 pct in 2021

FPT profits grow 20.4 pct in 2021

IT giant FPT reported a 20.4 percent rise in pre-tax profits last year, mainly thanks to sharp growth in overseas revenues.
January 21, 2022 | 09:00 pm PT
Samsung Vietnam posts 14 pct revenue growth in pandemic-hit year

Samsung Vietnam posts 14 pct revenue growth in pandemic-hit year

Samsung Vietnam posted a revenue growth of 14 percent to $74.2 billion last year, despite Covid-19 impacts.
January 19, 2022 | 11:05 pm PT
Online farm produce platform Mio raises $8 mln

Online farm produce platform Mio raises $8 mln

E-commerce agriculture platform Mio has recently raised $8 million from foreign investors, bringing the total it has mobilized to $9.1 million.
January 19, 2022 | 01:02 am PT
Baby, mom products retailer Con Cung gets $90-mln foreign investment

Baby, mom products retailer Con Cung gets $90-mln foreign investment

Quadria Capital, Asia’s leading healthcare investment fund, has invested $90 million in Vietnamese mom and baby product chain Con Cung.
January 18, 2022 | 08:41 pm PT
Stock watchdog fines, suspends trading by FLC chairman

Stock watchdog fines, suspends trading by FLC chairman

Vietnam’s stock authorities have fined Trinh Van Quyet, chairman of real estate developer FLC, VND1.5 billion ($65,800) and suspended trading for five months due to failing to disclosure crucial sales plans.
January 18, 2022 | 12:07 am PT
‘Fines don’t concern me’: ‘mega’ company CEO speaks up after dissolution

‘Fines don’t concern me’: ‘mega’ company CEO speaks up after dissolution

The CEO of Vietnam’s ‘mega’ company Auto Investment Group is not concerned about being fined after failing to raise the VND500 trillion ($22 billion) capital he had registered.
January 17, 2022 | 05:15 am PT
‘Difficult tasks make for interesting challenges’: Vietnam's richest man

‘Difficult tasks make for interesting challenges’: Vietnam's richest man

For the first time after two years, chairman of Vingroup Pham Nhat Vuong spoke to VnExpress about helping people overcome the pandemic and realizing the global electric car dream.
January 16, 2022 | 06:44 pm PT
Vietnamese 'mega' company fizzles after six months

Vietnamese 'mega' company fizzles after six months

The Auto Investment Group, a company dubbed "mega" after it registered a whopping charter capital of VND500 trillion ($22 billion) last May, has announced its dissolution.
January 16, 2022 | 12:52 am PT
Asia Commercial Bank has new CEO

Asia Commercial Bank has new CEO

Deputy CEO of Asia Commercial Bank (ACB) Tu Tien Phat became its CEO Friday, replacing Do Minh Toan who led the bank for more than nine years.
January 14, 2022 | 07:34 am PT
Vinasun to fire deputy director as it restructures after Covid devastation

Vinasun to fire deputy director as it restructures after Covid devastation

Taxi operator Vinasun will sack a deputy director who has been with it for 19 years as it seeks to restructure to shrug off the impacts of Covid-19.
January 13, 2022 | 10:40 pm PT
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