return icon Vietnamnet.vn

corporate news

Update news corporate news

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.

Two popular TV shows prohibited from advertising ice-cream brand

In connection with a dispute over the ownership of Celano, an ice cream brand, the court has issued a decision prohibiting KIDO Foods and Dat Viet Media from advertising the brand.

NTQ announces capital & business alliance with Japan's IT leader TIS Inc.

On January 21, 2025, NTQ, a leading IT service provider, announced a landmark capital and business alliance with TIS Inc., a Japanese IT cooperation with over 50 years of industry experience.

Vingroup offers to fund metro feasibility study connecting HCM City and Can Gio

Vingroup has proposed self-funding a study for Metro Line 12, connecting Ho Chi Minh City’s center with Can Gio District, as part of plans to integrate urban rail with the Can Gio Bridge project.

Colossal fortune evaporates within 3 years – the tale of a billionaire

The Vietnamese real estate market has entered a new period where there is no longer explosive growth in all market segments. This is a difficult period for many realtors, including Bui Thanh Nhon.

Tan Tao company’s shares to be mandatorily delisted for violations

The Ho Chi Minh City Stock Exchange (HoSE) has announced the mandatory delisting of ITA shares from Tan Tao Investment and Industry Corporation due to unresolved and persistent violations of information disclosure regulations.

Discover the best of ASEAN furniture at VIFA ASEAN 2025

The 3rd Vietnam ASEAN International Furniture and Home Accessories Fair, VIFA ASEAN 2025, will connect Southeast Asia’s furniture industry to global buyers in Ho Chi Minh City this August.

Small- and medium-sized enterprises encouraged to 'play big'

Lacking qualified workers as well as knowledge about import/export policies is the biggest barrier for Vietnamese enterprises. But e-commerce platforms are expected to help boost exports of these businesses.

Novaland dismisses resignation rumors surrounding Chairman Bui Thanh Nhon

In response to unfounded reports about its leadership, Novaland has confirmed that its Chairman, Bui Thanh Nhon, remains in his position, actively directing the group’s activities.