corporate news

Update news corporate news

Vietnam Airlines launches onboard internet trials on Airbus A350s

Vietnam Airlines has launched a trial of satellite-based onboard internet, offering messaging and browsing packages on A350s with full rollout planned by end-2025.

Viettel develops low-altitude drones for search and rescue, defense operations

Viettel President Lieutenant General Tao Duc Thang said Viettel has started researching low-altitude unmanned and manned aerial vehicles to be used for both economic and defense purposes.

Debt restructuring period for Vietnam Airlines extended to 2027

A new circular from the State Bank of Vietnam officially extends Vietnam Airlines' debt restructuring period by three years, giving the national carrier more time to recover from Covid-19-related losses.

CIS Lao Cai, UK’s Ultra Education to bring startup training to VN students

The Canadian International School Lao Cai (CIS Lao Cai) has inked a strategic partnership with the UK-based Ultra Education to bring business and start-up education to students in Vietnam’s northwestern province.

ADB, Thu Dau Mot Water sign $6mil loan agreement for water expansion project

The loan will be used to increase the plant’s capacity from 30,000 to 80,000 cubic metres per day, ensuring a reliable supply of clean water for residents, as well as for the growing number of commercial and industrial users.

Vietravel Airlines welcomes second Airbus aircraft

Vietravel Airlines on August 4 welcomed its second owned aircraft, an Airbus A320, at the Noi Bai International Airport in Hanoi, marking a new milestone in the airline’s efforts to enhance operational capacity and pursue sustainable development.

Big4 bank race: Vietcombank tops profit, VietinBank cuts staff sharply

Vietnam’s top four state-owned banks all saw rising profits, but only Agribank cut bad debt while VietinBank made a bold move with massive staff cuts.

Pawnshop chain F88 to list shares at $25 each on UPCoM

F88 will list over 8.26 million shares on UPCoM at 634,900 VND each, targeting $1 billion valuation by 2027.

IFC invests $20 million in Vietnam’s leading toll tech firm

The World Bank’s IFC has invested $20 million in Vietnam’s top ETC firm VETC to boost smart traffic infrastructure and digital transport solutions.

Phuong Thao’s wealth nears US$3 billion as VietJet stock hits ceiling price

VietJet's VJC stock, chaired by Nguyen Thi Phuong Thao, unexpectedly hit its ceiling price during the morning session on July 22, despite foreign investors offloading nearly 20 million shares. Thao's net worth is now estimated to approach $3 billion.

Vietnam achieves milestone with undersea cables led by local firms

For the first time, five international cable routes are operated by Vietnamese entities.

Billionaire Tran Dinh Long gains $400 million as HPG breaks records

Vietnam’s largest steelmaker benefits from protective trade policies and domestic demand for rail projects.

Petrolimex appoints Luu Van Tuyen as new CEO

The Board of Directors of Vietnam National Petroleum Group (Petrolimex) has officially appointed Mr. Luu Van Tuyen as the new Chief Executive Officer of the corporation.

Becamex, IFC advance green industrial park model in Vietnam

Industrial park developer Becamex IDC signed a cooperation agreement with the International Finance Corporation (IFC), aiming to integrate international sustainability standards into the practical operations of its industrial parks in Vietnam.

CMC Telecom accelerates global expansion with South Korea POP launch

CMC Telecom launches new POP in South Korea, cutting latency by 30% and boosting services for Korean Enterprises.

FPT Telecom under Ministry of Public Security reshapes telecom sector

The Ministry’s takeover of state ownership in FPT Telecom marks a strategic shift with implications for cybersecurity, data sovereignty, and market competition.

CMC Telecom becomes official member of global cybersecurity body CREST

CMC Telecom earns CREST certification for its Pentest services, marking a major step toward international cybersecurity excellence and trust.

Viettel to begin 6G equipment testing on real networks by 2028

Viettel targets the 6G era with bold investment, aiming for real-world testing between 2028 and 2030 and staying in step with global telecom innovation.

CMC launches $250mil. hyperscale AI data center in Ho Chi Minh City

At the end of June 2025, the Saigon Hi-Tech Park (SHTP) Management Board officially approved a USD 250 million investment by CMC Corporation to build the CMC Hyperscale Data Center SHTP.

Vietnam launches $250M smart data center project in HCMC

Ho Chi Minh City approves hyperscale data center to support national digital transformation.