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What is happening with Rang Dong Plastic and Dien Quang?

All five board members of Rang Dong Plastics have resigned. Rang Dong, together with Dien Quang, are businesses linked to former Deputy Minister of Industry and Trade Ho Thi Kim Thoa.

Metro Line 1 prompts investments in HCM City's eastern apartment market

Ho Chi Minh City’s apartment supply is expected to exceed 40,000 units by 2027, with Thu Duc city accounting for half, according to Savills Vietnam.

State-owned MobiFone now under Ministry of Public Security

MobiFone's profit before tax in 2024 was estimated at over 2 trillion VND (78.23 million USD), exceeding its annual target by 20.6%.

Vietjet launches first direct flight connecting Vietnam and New Zealand

A Vietjet representative emphasised that the route will not only enhance travel convenience but also promote investment and cultural exchange while integrating New Zealand into Vietjet’s expansive flight network across Asia and beyond.

VinFast, VASEP partner for green transition

VASEP and its member enterprises will prioritise using VinFast electric vehicles for transportation and logistics, while VinFast will offer incentives for VASEP’s staff and member businesses to switch from gasoline to electric vehicles.

HCM City considers public-private partnership for Can Gio and & Thiem 4 bridges

Trung Nam Group has submitted a proposal to build the Can Gio Bridge and Thu Thiem 4 Bridge under a public-private partnership, aiming to accelerate Ho Chi Minh City’s infrastructure development.

Vietnam Airlines turns around loss streak, reporting strong recovery

By the end of 2024, the airline achieved a profit before tax of VNĐ7.7 trillion, marking the highest profit in the airline’s history and more than double the pre-pandemic profits of 2018 and 2019.

Increase of registered capital helps express corporation to upgrade expressways

The National Assembly’s approval of additional charter capital investment effectively ’unleashes’ mechanisms, allowing the VN Express Corporation break through after two decades of overcoming difficulties.

VEC burdened with nearly $1.5 billion in debt

Financial expenses surged 67.7 per cent to nearly VNĐ2 trillion, while financial income dropped 61 per cent to VNĐ288 billion, causing after-tax profit to plummet from VNĐ641.2 billion to VNĐ8.9 billion, reflecting growing financial strain.

Petrolimex plans to fully divest its capital in Petrolimex Laos

The auction is expected to take place in the first quarter of 2025, with an initial price of over VNĐ68.1 billion and a 10 per cent deposit required for participation.

Vietnam's maritime giant hits 100 trillion VND market cap

Vietnam Maritime Corporation is emerging with a market capitalisation exceeding 100 trillion VND (3.9 billion USD). ​

Listed companies extend growth in Q4 2024

Profits of listed companies in Vietnam experienced robust growth in the fourth quarter (Q4) of 2024, marking the fifth consecutive quarter of growth.

Billions in cash: Why are Vietnam’s top companies hoarding liquidity?

Vingroup, FPT, and MWG are sitting on unprecedented cash reserves - are they gearing up for major deals, or playing it safe amid economic uncertainty?

VN's railway expansion: Thaco and Hoa Phat step up with ambitious investments

The Vietnamese government welcomes private sector involvement in national megaprojects, with Thaco and Hoa Phat taking the lead in rail manufacturing.

Vietjet sets new revenue record in 2024, profits soar nearly 700%

Vietjet posted its highest-ever revenue in 2024, reaching nearly $2.94 billion, with net profits surging by 697%.

Vietnam sees nearly 10,700 new businesses in January, foreign investment surges

While industrial production in Vietnam showed signs of decline in January, the economy benefited from a surge in business activity, foreign investment, and tourism. Nearly 10,700 new businesses were registered, and FDI inflows reached $4.33 billion.

Top real estate executives reveal staggering billion-VND salaries

Vietnam’s top real estate executives are earning salaries in the billions, yet some have faced financial woes, forcing them to lend money to their firms.

Tan Tao stock to be delisted after 20 years, company faces severe consequences

Listed at the HCM City Stock Exchange (HOSE) in 2006, Tan Tao Corporation shares are about to be forcibly delisted due to serious violations about information disclosure.

Vietnam’s top telecom and it firms drive the nation’s digital transformation

Enterprises like VNPost, VTC, MISA, and others have significantly enhanced the position of the ICT sector in Vietnam and helped it reach a global standing.

Vietnamese companies revolutionizing the ICT industry: A closer look

Vietnam's ICT industry has seen remarkable transformation, driven by leading companies like Viettel, VNPT, and FPT, which have not only shaped the nation's tech landscape but have expanded their influence internationally.