Infamous ‘Oil Tycoon’ Settles Debt of Nearly 500 Billion Dong
After receiving the conclusion from the Government Inspectorate, Thien Minh Duc Corporation has submitted the outstanding amount of nearly 500 billion VND to the Petroleum Stabilization Fund.
Various eye-catching Tet rewards
To boost morale and uplift the spirits of employees during the Lunar New Year, many companies not only provide monetary bonuses but also give Tet gifts to their workers in the form of noteworthy presents.
Biwase and the $100 Billion M&A Deals in the Water Industry in 2023
The year 2023 has been a bustling year for the M&A industry. And in this landscape, Biwase undoubtedly stands out as the leading company, having completed 5 high-value mergers and acquisitions with affiliate companies worth hundreds of billions of Vietnamese dong.
Businesses Struggle as Companies Rush to Divest Investments in 2023
Taseco Land has withdrawn from the West Lake urban area project, while VNDirect Securities has sold its entire stake in IPAAM to IPA... These are among the notable divestment deals in 2023.
Domestic market stabilizing, Thuận Đức achieves record Q4 revenue
Thanks to the domestic market stabilizing in the later part of 2023, Thuận Đức has recorded a revenue of 1.1 trillion VND in the fourth quarter, the highest level the company has ever achieved.
Petrosetco reports profit in the last quarter of the year due to a lack...
In Q4/2023, Petrosetco (PET) reported a 5% decrease in revenue due to a decline in demand for electronic products. However, the company managed to achieve a net profit of nearly 23 billion VND, as opposed to incurring losses in the same period last year. This positive result can be attributed to the absence of investment losses in the stock market.
Sharp drop in fuel prices ahead of Tet holidays
E5RON92 petrol decreased by 793 dong/liter, while RON95-III petrol decreased by 898 dong/liter. Similarly, various types of diesel also saw a price reduction ranging from 292 dong to 489 dong/liter compared to the current base price...
Attracting talented individuals is challenging, but retaining them is even more difficult.
Not only is it about salary and benefits, but employees nowadays also have increasing desires for their working environment. Among them, what used to be considered as "additional perks" such as comprehensive healthcare programs, learning and development opportunities, and an environment to explore new things... are now being prioritized.
Promising Revival of the Corporate Bond Market
The corporate bond market in 2024 is expected to be more vibrant due to low interest rates, expanded supply, and improved investor confidence.
BHS Electronics Company, owned by Mr. Nguyen Tu Quang, reduces capital from 10 billion...
Mr. Quang still holds 98% of the company's charter capital, equivalent to 980 million Vietnamese dong.