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Nearly 76,180 enterprises resume operations in 2024

A total of 76,179 enterprises resumed operations in Vietnam in 2024, according to the Agency for Business Registration under the Ministry of Planning and Investment.

Will Duc Giang Chemical’s leadership breach lead to penalties?

The leadership structure of Duc Giang Chemical, with Chairman Dao Huu Huyen and his son as CEO, raises questions about compliance with Vietnam’s Enterprise Law 2020, mirroring a recent case involving TNG Investment and Trading.

Asia Commercial Bank denounces fabricated rumors of gambling scandal

Asia Commercial Bank (ACB) has vehemently denied rumors circulating on social media, which allege that its executives were involved in gambling and transferring millions of USD abroad, calling the claims baseless and harmful.

Hoang Anh Gia Lai: From million-dollar debt to financial recovery

Hoang Anh Gia Lai (HAG) has taken a giant leap toward financial recovery, repaying over 1 trillion VND in bond debts. The move raises questions about the source of this substantial cash flow and the company’s future stability.

Former SJC general director indicted amid gold price stabilization scandal

Le Thuy Hang, former General Director of Saigon Jewelry Company (SJC), faces charges of abusing her position, highlighting irregularities in gold price stabilization efforts.

Vietnamese billion dollar oil refinery exits UPCoM to Join HoSE

The Binh Son Refining and Petrochemical Company (BSR) has announced its delisting from the UPCoM exchange on January 7, 2025, as it has been accepted for listing on the Ho Chi Minh City Stock Exchange (HoSE).

Viettel calls for special mechanisms to acquire advanced technologies

Viettel Chairman Tao Duc Thang has called for special mechanisms to facilitate the acquisition of advanced technological secrets, citing challenges in valuing unique, proprietary technologies.

Stavian Chemical named among Top 10 Vietnam Gold Star Award winners for 2024

Stavian Chemical Joint Stock Company has been named among the Top 10 Vietnam Gold Star Award recipients for 2024, a recognition of its sustainable growth and innovative contributions in the face of global market challenges.

Leadership changes at SJC follow legal action against six individuals

The Saigon Jewelry Company Limited (SJC) has appointed Mr. Dao Cong Thang as its acting CEO, replacing Ms. Le Thuy Hang, following legal proceedings involving six individuals linked to the company.

Billion-dollar partnership with Trump drives Dang Thanh Tam’s strategic moves

KBC Chairman Dang Thanh Tam has re-registered a deal worth nearly 2.4 trillion VND after partnering with Donald Trump’s business empire to develop a $1.5 billion project in Hung Yen.

Vietcombank Remittance secures 3rd 'Remittance Company of the Year' Award

For the third straight year, Vietcombank Remittance has been recognized as Vietnam’s top remittance company by Asian Banking & Finance.

FLC reshuffles leadership: Bui Hai Huyen returns as CEO

FLC Group has appointed Vu Anh Tuan as its new Chairman and welcomed back Bui Hai Huyen as CEO, marking a significant leadership reshuffle as the company focuses on revitalizing its projects.

Major cement manufacturer may face VND3 trillion investment loss

In its conclusion following an inspection tour to the Vietnam Cement Corporation (Vicem), the Ministry of Finance’s (MOF) inspectors pointed out risks in some investment deals of the biggest domestic cement manufacturer.

KBC’s billion-dollar deal with Trump Organization triggers strategic moves

KBC’s $1.5 billion collaboration with the Trump Organization marks a pivotal moment, spurring strategic changes in Dang Thanh Tam’s business empire.

Auditors for Quoc Cuong Gia Lai’s financial reports suspended

The State Securities Commission has suspended auditors who signed off on Quoc Cuong Gia Lai’s 2023 financial report, citing violations of audit standards.

Foreign investor to divest from Vinasun

Liquidity remains poor with only a few thousand shares traded per session, limiting the fund’s ability to offload shares effectively.

Former delivery CEO joins Vingroup's logistic firm

One Mount Group was founded by Vingroup and its partners on September 26, 2019 and has charter capital of VND3 trillion (US$129 million).