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CMC chairman urges transparent mechanism for strategic tech missions

CMC Chairman Nguyen Trung Chinh has called on the Government to establish a transparent mechanism for assigning national strategic technology missions, arguing that unclear implementation remains the biggest obstacle.

Pham Nhat Vuong steps down as VinFast Vietnam CEO

VinFast has announced a resolution removing billionaire Pham Nhat Vuong from the position of chief executive officer of its Vietnam manufacturing entity, effective June 22.

Vietnam billionaire Pham Nhat Vuong emerges as major LPBank shareholder

Vietnam Prosperity Joint Stock Commercial Bank (LPBank) has disclosed that billionaire Pham Nhat Vuong, chairman of Vingroup, has become one of the bank's major shareholders.

Coteccons climbs to No.285 on Fortune Southeast Asia 500

Vietnam’s construction contractor Coteccons has climbed another 19 places in the Fortune Southeast Asia 500, supported by stronger execution capabilities and a record project backlog.

CMC chairman joins Keidanren Board of Councillors

CMC Corporation has gained a stronger voice within Japan’s business community after its chairman was appointed to a senior advisory role at Keidanren.

SCB puts assets from 11 branches up for liquidation

Saigon Commercial Joint Stock Bank (SCB) has announced the liquidation of all assets, work equipment and materials at 11 branches across the country.

Viettel president: strategic technologies must be developed, not imported

Lieutenant General Tao Duc Thang, president of Viettel, emphasized that Vietnam must determine a roadmap for autonomy and form enterprises capable of leading the entire national technology ecosystem.

EVN’s USD2 billion profit sparks debate over electricity prices

EVN’s near-USD2 billion profit in 2025 has prompted fresh questions over whether electricity prices could eventually decline.

CMC appoints Dang Tung Son as Group CEO to lead next phase of AI transformation

CMC Corporation has appointed Mr. Dang Tung Son as Group CEO, marking a significant leadership transition as the technology group accelerates its ambition to become a global AI transformation company.

TNEX named "Best Digital Bank in Vietnam 2026" by The Asian Banker

TNEX has been honored as the "Best Digital Bank in Vietnam 2026" by The Asian Banker. Marking its fourth win, this prestigious award reinforces TNEX’s enduring position and commitment to excellence on the global digital financial map.

Senior executives at Vietnam power consulting firms arrested

A series of disclosures by listed electricity consulting firms has revealed the detention of chairmen, chief executives and senior finance officials.

TH Group seeks $1 billion funding as global investors circle

A planned fundraising round could value TH Group at $3.3 billion, placing it among Vietnam’s most valuable private consumer businesses.

Twenty-three largest Vietnamese enterprises earn nearly 144 billion USD

Total revenue of 23 largest Vietnamese enterprises reached approximately 3.8 quadrillion VND (144.5 billion USD) last year, according to financial statements from the companies.

EVN posts nearly VND52 trillion profit: Will electricity prices fall?

EVN’s record profit of nearly VND52 trillion in 2025 has sparked debate over what drove the sharp earnings increase and whether consumers could expect lower electricity prices in the coming years.

Vietnam Airlines ranks among Asia-Pacific’s most punctual carriers

Vietnam Airlines has been ranked among the top three most punctual airlines in the Asia-Pacific region in 2026, according to the latest On-Time Performance (OTP) report released by aviation analytics firm Cirium.

Da Nang resort asset with starting price of $4.2 million set for auction

The Malibu resort project in Da Nang is set to enter the auction market as Nam A Bank seeks to recover outstanding obligations.

LG to build first semiconductor substrate plant in Vietnam

LG Innotek has announced a plan to build its first semiconductor substrate plant in Vietnam, marking a significant step in expanding its production capacity and strengthening its semiconductor packaging solutions business.

New research highlights broader health potential of A2 protein

Experts at a recent scientific symposium in Ho Chi Minh City highlighted emerging evidence linking A2 protein to benefits that extend far beyond digestion.

EVN explains $5.8 billion in bank deposits after posting record profit

Vietnam Electricity Group (EVN) posted its strongest financial performance in years in 2025, eliminating accumulated losses while explaining why it continues to hold billions of dollars in bank deposits.

CMC surpasses US$406 million in revenue, accelerates AI transformation

Having crossed the VND10 trillion ($406 million) revenue mark for the first time, CMC aims to enter its second renewal cycle, with AI-X as its new growth driver.