Japan’s Mitsubishi Corp. and Nomura Real Estate Development will join hands with Vietnamese conglomerate Vingroup on a smart urban development project in Ho Chi Minh City, according to Nihon Keizai daily business newspaper.
Retail giant Masan Group posted an after-tax profit of more than 6.36 trillion VND (274.62 million USD) last year, a year-on-year rise of 13.2 percent.
VinFast Trading and Production LLC on January 17 reported it had received over 17,000 orders for VinFast cars, and 50,000 others for electric motorcycles in 2019.
Conglomerate Vingroup officially opened its VinUni University (VinUni) as the first Vietnamese private and not-for-profit university at the Vinhomes Ocean Park urban area in Gia Lam district, Hanoi, on January 15.
With robust economic growth and a sound business climate, the northern port city of Hai Phong has remained popular among both domestic and foreign investors, said Chairman of the municipal People’s Committee Nguyen Van Tung.
Three large-cap companies that debuted on the Ho Chi Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.
It may take Vietnam two years to get upgraded to emerging market level from the current frontier market classification, VNDirect Securities Corporation said in its 2020 outlook.
The Vietnam Report JSC and VietNamNet newspaper announced the top 500 largest enterprises in Vietnam (VNR500) in 2019 at a ceremony in Hanoi on January 9.
The real estate market of Hanoi saw high demand for Grade A apartments for rent and sale in the third quarter, according to Savill Vietnam’s quarterly report on Hanoi's property market.
The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.
The size of Vietnamese e-commerce market is likely to hit 13 billion USD this year thanks to a large percentage of young residents and internet subscribers, according to insiders.
Overseas Vietnamese in Australia and many international friends gathered to welcome Lunar New Year (Tet), the most important annual festival for Vietnamese, at a celebration held by the Vietnamese Embassy in the host nation on January 4.
Prime Minister Nguyen Xuan Phuc has required Deputy Prime Ministers and Ministers to continue accompanying businesses and remove difficulties to help them achieve breakthrough development in 2020 and the following years.
As part of the government’s plan to create incentive for domestically manufactured 5G products, three major Vietnamese enterprises have officially announced their 5G research and production roadmap at a recent seminar held by the Ministry of Information and Communications (MIC), Sai Gon Giai phong reported.
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