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SAGround Managing Director First Reveals the Stop of Providing Ground Service for Bamboo Airways

At the annual shareholders' meeting on April 25, Mr. Dang Tuan Tu, Chairman of the Board of Directors of Saigon Ground Services Joint Stock Company (SAGS - stock code SGN), revealed that the company will stop providing ground services to Bamboo Airways.

Masan Consumer Seeks Another Interim Dividend after 100% Dividend Payout

During the discussion at the 2024 Annual General Meeting of Shareholders, after receiving many questions from the shareholders regarding the use of retained earnings, dividend was unanimously agreed to be included in the resolution of the meeting. Masan Consumer is planned to continue to issue more dividends after the decision to distribute 100% cash dividend.

**Compensation and Site Clearance for Key Project in Dong Nai: Swift Completion in 30...

As part of the 30-day and night campaign to compensate and clear the land for key projects in the locality, the Dong Nai Provincial People's Committee implemented the project from April 26 to May 26.

AIC Money Receiver, Former Vice Director of Ho Chi Minh City’s DoET Accused

Since her position and power were delegated due to mercenary reasons, the former Deputy Director of the Ho Chi Minh City Department of Planning and Investment (DoP&I) - Tran Thi Binh Minh - still instructed Mr. Phan Tat Thang to propose and approve the adjustment of the project inaccurately.

Upcoming Land Parcels Set for Subdivision Surge

The new real estate business law will not allow the subdivision and sale of land in many localities, and experts say this will cause major changes in the land market.

Dong Nai: Compensation and land clearance within 30 days for key projects

30-day focused campaign for compensation and site clearance of key projects in the locality was deployed by the People's Committee of Dong Nai province from April 26th to May 26th.

SIPG Annual Shareholders’ Meeting: Aiming for Factory Rental Funds, 2024 Dividend Minimum of 10%

In the present context, well-positioned industrial parks near Ho Chi Minh City are experiencing a robust demand for factory rentals. Despite requiring substantial capital investment, the construction and leasing of factory space has proven to be a lucrative business, as asserted by Mr. Tran Manh Hung, Chairman of Saigon VRG Investment JSC (HOSE: SIP), during its 2024 Annual General Meeting of Shareholders held on the afternoon of April 26th.

**SHB Bank Chairman Do Quang Hien on Subsidiary Sale: “Partners Told Us We Were...

SHB's management board said that the bank and the investor had signed an agreement to transfer all capital contributions at SHB Laos and are currently completing the procedures to request permission from the governments and central banks of the two countries to finalize the deal.

Mr. Pham Nhat Vuong affirms that Vingroup never ‘begs’ for a penny of debt,...

What other businesses can do, Vingroup will let them do it, and Vingroup will do the things that no Vietnamese businesses can do.

Individual Investors Remain Unswayed on Real Estate Resurgence

Market observers are divided regarding the current downturn in property stocks, with a small number retaining their confidence. This was the consensus at the "Unlocking Southern Real Estate Supply - Investment Trends" forum, held in Ho Chi Minh City on April 25.
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UOB: USD/VND exchange rate could strengthen to 25,600 by 2Q24 and then weaken

According to the latest Global Currency Outlook report updated on 03 May'24 by UOB's Global Economics & Markets Research, UOB expects the VND to receive support from solid fundamentals and a further recovery in the CNY.

**Hai Phat reports strong Q1 turnaround, boosted by project transfer revenue**

With a surge in net revenue, Hai Phat Investment Joint Stock Company (HOSE: HPX) reversed losses into profit in Q1 2024.

Ba Ria – Vung Tau unexpectedly becomes a billion-dollar ‘star’

During the first four months of the year, Ba Ria - Vung Tau attracted 1.5 billion USD of newly registered foreign direct investment (FDI), according to the foreign investment agency under the Ministry of Planning and Investment. This helps the southern province to overtake Hanoi and become the top locality nationwide in FDI attraction.

Another Bank Hikes Savings Interest Rates Effective Today, May 2

ACB Bank just officially adjusted interest rates on savings from today, May 2nd.

**Train Tickets Sell Out Ahead of Tet Holiday, Railway Sector Reports Strong First Quarter**

High demand for travel, cost-saving initiatives, and competitive ticket pricing were among the key factors driving strong first-quarter profit growth for Hanoi and Saigon Railways, which collectively exceeded their annual profit plan by more than threefold in Q1 2024.