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“Unsuccessful Auction for Prime Land on Vo Van Kiet Street”

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On August 1st, the Board of Directors of Hai Xang Car Services Joint Stock Company (HOSE: HAX) announced the cancellation of the auction for a 6,282.6 sqm land plot located on Vo Van Kiet Street in the former Binh Tan District of Ho Chi Minh City due to a lack of participants.

“Saigonbank Reports a 22% Drop in Pre-Tax Profits: A Significant Rise in Provision Costs”

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"Saigonbank's latest quarterly report reveals a pre-tax profit of over VND 76 billion in Q2 of 2025, marking a 22% dip compared to the previous year's figures. This decrease is attributed to a significant 79% surge in credit risk provisions, highlighting the bank's cautious approach amidst economic uncertainties."

A Fresh Approach to Private Sector Growth: Innovative Solutions from Young Entrepreneurs

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The Vietnam Private Economic Forum 2025 – a dialogue for the North Central region held in Thanh Hoa on August 1st – witnessed a plethora of novel proposals from young entrepreneurs hailing from the provinces of Thanh Hoa, Nghe An, Ha Tinh, Quang Tri, and the city of Hue.