corporate news

Update news corporate news

CMC unveils CMC OpenAI to shape Vietnam’s AI future

CMC launches CMC OpenAI in Hanoi, marking a strategic leap for Vietnam’s AI future with 25 core technologies.

Global buyers meet Southeast Asia’s best at VIFA ASEAN 2025

As a premier furniture import-export trade show, VIFA ASEAN 2025 offers a vibrant platform for global buyers and suppliers to connect, network, and expand their business.

Vietnamese EV distributor penalized after reporting $8.4M in losses

TMT Motors remains under stock warning status after massive retained losses despite mid-year profit turnaround.

CMC named in Forbes Top 50 for second year, affirms global vision

Two consecutive years in Forbes Top 50 highlight CMC’s financial strength, innovation, and international expansion.

Vietnam’s Premier League rights face shake-up if Canal+ leaves

Canal+ may quit Vietnam, raising questions about the future of Premier League rights and the end of K+ dominance.

Vietnam’s 10-year UAV quest leads to historic export deal

Once doubted, Vietnam’s drone tech now earns global respect after a hard-fought R&D revival.

Bhutan King and Queen visit Vietnam’s T&T Group to explore cooperation

On August 20, as part of their official state visit to Vietnam, Bhutan's King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema, along with a high-ranking Bhutanese delegation, visited T&T Group in Hanoi.

Vietnam’s $5 billion petrochemical complex restarts after year-long shutdown

After nearly a year of suspension, the Long Son Petrochemical Complex (LSP) – Vietnam’s first integrated petrochemical facility – has officially resumed operations.

K+ under pressure as staff leave and only one-month plans remain

K+ faces uncertainty as contract terms shift, staff exit, and the company stops selling long-term packages.

EVN Finance faces shake-up as CEO resigns amid violations, yet profits soar

In its inspection report, the State Bank of Vietnam (SBV) pointed out that EVN Finance has committed multiple violations in governance and credit issuance, even exceeding lending limits. The company has continued to report strong profit growth.

Sun Group selected as official investor for $2bil. casino project in Van Don

Quang Ninh province on August 15 issued Decision No. 3226/QD-UBND, approving Sun Van Don JSC – a member of Sun Group – as the investor to implement the Van Don Integrated Casino & Tourism Complex – the piloting casino complex for Vietnamese.

Vietnam Airlines moves operations to new airport in Phnom Penh

Cambodia’s civil aviation authorities recently announced the transfer of all operations from Phnom Penh International Airport to Techo International Airport.

Work starts on Vietjet’s 64.6-million-USD aircraft maintenance centre

According to the airline, the centre covers an area of 8.4 hectares, with a total investment of nearly 1.7 trillion VND (64.6 million USD).

Viettel begins $1 billion tech investment with two national projects

Viettel breaks ground on an R&D hub and data center with transformative impact for defense and digital transformation.

Who will pay EVN’s $1.75 billion loss?

A proposal by Vietnam Electricity Group (EVN) to incorporate its nearly VND 45 trillion (approximately USD 1.75 billion) accumulated losses into the average retail electricity price has sparked significant public debate.

Vietnam Airlines adds over 100,000 seats for National Day holiday rush

Vietnam Airlines will add more than 100,000 seats during the busy National Day travel period, raising the total to 600,000 seats on close to 2,900 flights between August 29 and September 3.

Vietnam’s largest floating restaurant faces uncertain future

Vietnam’s largest floating restaurant, once a Saigon icon, faces auction to recover debt worth millions of dollars.

K+ issues steep licensing demand as Canal+ mulls Vietnam exit

Canal+ may pull out of Vietnam after heavy losses, yet its brand K+ shocks partners with a massive licensing fee hike.

Petrolimex introduces sustainable aviation fuel, cutting emissions by up to 80%

Petrolimex is the first enterprise in Vietnam to import synthetic blending components (SBC) derived from bio-based or renewable sources and to master SAF blending technology compliant with international standards.

Experts question EVN's request to pass USD 1.76B loss into electricity prices

Analysts say EVN must clarify its loss structure before raising power prices for consumers.