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Vietnamese private creditor SeABank recorded VND6,039 billion ($238.5 million) in pre-tax profit in 2024, up 31% year-on-year. Accordingly, the bank fulfiled 103% of the year’s pre-tax...
Key Tronic, a leading American design and manufacturing service provider, plans to “significantly” increase its production capacity in Arkansas (the United States) and Vietnam. In its...
South Korea’s Shinhan Bank Vietnam Limited and Petrolimex Insurance Corporation (PJICO) have signed a strategic cooperation agreement to leverage the potential of both sides. The deal...
Vietnam’s central province of Nghe An plans to complete investor selection and grant an in-principle approval for the $2.2 billion Quynh Lap LNG-fired power plant later...
The Czech Republic’s multinational conglomerate PPF Group should expand its operation in Vietnam after selling its entire stake in subsidiary Home Credit Vietnam to Thailand’s Siam...
The central city of Danang has leased more than 78,000 square meters of land in its High-Tech Park to ICT VINA Co., Ltd., a member of...
The State Bank of Vietnam, the country’s central bank, on Friday announced the mandatory transfers of two “weak” private banks under its special control, GPBank and...
The 715 MW Phu My 2.2 gas-fired power plant, invested per the build-operate-transfer (BOT) format, was transferred to state utility Vietnam Electricity (EVN) on Tuesday. The...
Vietcombank will expand its chartered capital from VND55,891 billion to VND83,557 billion ($3.29 billion) via an issuance of shares to pay dividends, becoming the largest bank...
Nhon Trach 3, part of Vietnam’s first LNG-fired power project Nhon Trach 3 & 4, is set to connect to the national grid on Wednesday, February...
