Every day, Trần Đình Long, the owner of Hòa Phát, has to shoulder nearly...
In 2023, Hoa Phat's borrowing costs amounted to nearly 3.6 trillion dong, increasing by over 16% compared to 2022 and reaching a record high since its inception.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by...
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company's consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
Viglacera Reports First-Ever Loss
Viglacera, the construction equipment giant, reported a net loss of 48 billion VND in Q4/2023, due to declining revenues and high maintenance costs. This marks the first time the company has reported a loss since its inception.
Tracodi (TCD) earns 163 billion VND profit in 2023
Throughout the year 2023, Tracodi achieved a consolidated net revenue of VND 1,784.5 billion and a post-tax profit of VND 163.3 billion.
Bach Hoa Xanh’s meat, fish, and vegetable sales generate 1.5 times more revenue than...
In MWG's revenue structure in 2023, the revenue from meat, fish, vegetables, etc. surpasses the revenue from selling phones and computers for most of the time (9/12 months), even widening the gap.
Investing in a volatile market: Should beginners consider putting money into high-yield bonds for...
Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.
LandX Services reports a loss of 160 billion VND in 2023, cuts over 1,000...
In 2023, Dat Xanh Services incurred a net loss of 160 billion VND primarily due to a shortfall in real estate service revenue. Additionally, the company downsized its workforce by over 1,000 employees in the past year.
Dragon Capital Chairman: “Long-term vision is needed, accepting necessary adjustments for a safer, more...
According to Mr. Dominic Scriven, Chairman of Dragon Capital, the role of the finance industry in the stock market will be significant in 2023 and possibly in 2024. The roles of other industries, such as real estate or consumer goods, will depend on their respective challenges.
Dat Xanh with the lowest profits in a decade, reluctantly cuts 1,300 staff, will...
As of December 31, 2023, the workforce size of this real estate brokerage has dwindled down to only 2,468 individuals, compared to the initial figure of 3,773 individuals at the beginning of the year, reflecting a decline of 1,305 individuals (-35%).
FPT Shop closes 36 stores
FPT Retail, a leading digital retail company, recently reported a consolidated pre-tax loss of 97 billion VND for the fourth quarter of 2023. For the full year of 2023, FPT Retail accumulated a pre-tax loss of 294 billion VND.
Latest article
The Cost of Congestion: Unraveling the Billion-Dollar Traffic Woes in Hanoi and Ho Chi...
"With his keen eye for optimization, Delegate Nguyen Van Canh proposes a revolutionary idea to alleviate traffic congestion at major roundabouts in urban areas across Vietnam. His suggestion, inspired by the successful implementation at the Phu Dong roundabout in District 1, Ho Chi Minh City, offers a glimmer of hope for smoother traffic flow in the country's bustling metropolises."
The Delivery War: Reshaping China’s Retail Landscape
"Alibaba, the e-commerce giant, announced on Monday that its instant delivery service has hit a remarkable 40 million daily deliveries, showcasing its dominance in the highly competitive world of on-demand retail. This impressive feat highlights the company's ability to capture market share in the fiercely contested 60-minute delivery space."
The Soaring Price of Bitcoin Entices Companies to Join the Fray.
The number of public companies holding bitcoin globally has surged, with a notable increase from 89 in early April to 113 by the end of May. What's even more remarkable is that the top holder among these companies boasts an impressive stash of 580,000 bitcoins. This significant rise in corporate adoption underscores the growing acceptance of bitcoin as a legitimate and valuable asset.
