The “locationless” convenience shop raises 11,000 billion VND from milk, mixed rice paper…: 1/3...
The top 10 highest revenue brands are well-known names such as Ensure, Vinamilk, Tiger, TH, Nescafe, Milo, etc. Utilizing e-commerce platforms, these manufacturers only incur around 10% of the sales cost on the product price, instead of the 30-40% for direct sales agents, which helps increase profit margins.
Shark Hung Anh: Expensive train and bus tickets prevent some people from going back...
Many people are reluctant to go back to their hometowns and have nothing to bring as gifts. But the common mentality of the Vietnamese people is that the closer it gets to Tet, the more they long to return to their hometowns. "That's the common mentality of the Vietnamese people, even if it's difficult, they must go back to their hometowns," shared Shark Hung Anh.
The Future of Food Delivery Battle in Vietnam after Baemin’s Farewell
A few months before Baemin - a unicorn startup in the food delivery field from Korea - announced its withdrawal from Vietnam, the CEO of their parent company stated that in the Vietnamese market, their business operations in their field "never made a profit".
DIC Corp successfully raises 600 billion VND from bonds at an interest rate of...
DIC Corp's board of directors is also considering issuing private bonds with a maximum total value of 2.1 trillion dong.
Airport project in Long Thanh generates enormous profit in 2023 with over 6,500 trillion...
ACV, the aviation port tycoon, has just announced great news for shareholders as it recorded a net profit of over 8,500 billion VND in 2023, surpassing the pre-pandemic period.
[Infographic] Which Bank Set a Record in Appointing New Leaders in the Year of...
The banking industry, despite its immense capital, is facing a challenging period with declining profits, escalating bad debts, and low credit growth, resulting in a wave of managerial changes in Vietnamese banks during the Year of the Monkey. The newly appointed high-level personnel changes are expected to meet the objectives and new development strategies of each bank.
GVR: Net profit in 2023 declines by 33% compared to the previous year.
GVR has announced its Q4 2023 financial report, showing a 19% increase in net profit compared to the same period last year. The standout performance came from its financial activities, which brought in a profit of 220 billion VND, 11 times higher than the previous year. With a strong finish in the fourth quarter, GVR has successfully achieved its profit target for 2023.
Petrolimex doubles its profits in 2023, retains nearly VND 30 trillion in cash.
Despite a significant decline in Q4 results, strong performance in previous quarters has enabled the Vietnam National Petroleum Group (Petrolimex, HOSE: PLX) to report a substantial increase in profits for the entire year of 2023.
Red Sea Tension: Customs Agency Offers Escape Route for Vietnamese Businesses
During the meeting, the businesses' representatives also highly appreciate the solutions proposed by the relevant authorities.
Large shareholders absent, Viet Tin Securities fails to hold extraordinary shareholders’ meeting
The extraordinary Annual General Meeting of Viet Tin Securities Joint Stock Company (VTSS) scheduled on February 5th, 2024, was unsuccessful due to insufficient attendance rate to meet the required quorum.
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The Ultimate Investment Opportunity: Majestic City – Investing in the Right Project at the...
With its prime location and well-thought-out urban planning, Majestic City is poised to become the next investment hotspot. The project offers a triple-threat proposition with its strategic position, well-designed infrastructure, and the current investment trend, creating a perfect storm for potential price increases. This is the golden opportunity for savvy investors to get in early and ride the wave of what promises to be an exceptional price surge.
Trade Tax Talks Begin, Markets Await News With Bated Breath
The Vietnamese market cautiously welcomed the news of Vietnam initiating negotiations with the US on the evening of April 23rd. While it was expected that this would happen and the "scheduling" is a positive step, the market is essentially waiting for results. The balanced tug-of-war between buyers and sellers, coupled with a significant drop in liquidity, indicates that both sides are mostly observing for now.
The Great Sell-Off: Foreigners Dump Real Estate Stocks en Masse
Individual investors sold a net amount of 516.1 billion VND, including 541.1 billion VND in matched orders. The top stocks sold were VHM, VIC, MSN, ACB, STB, BAF, DXG, MWG, and HPG.
