Vingroup’s tourism arm Vinpearl sees H1 profit up 2.8-fold

Vingroup’s tourism arm Vinpearl sees H1 profit up 2.8-fold

Vinpearl JSC, the hospitality arm of Vietnamese conglomerate Vingroup, booked a net profit of VND2,579 billion ($104.48 million) in H1/2024, skyrocketing 2.84-fold from the same period last year.

Companies - Tue, September 10, 2024 | 11:07 am

Vingroup-tied stocks rally as Vinhomes unveils plan to buy back 370 mln shares

Vingroup-tied stocks rally as Vinhomes unveils plan to buy back 370 mln shares

Stocks of companies related to Vietnamese private conglomerate Vingroup flew high in the Wednesday morning trade after leading residential housing developer Vinhomes announced a plan to buy back up to 370 million shares.

Finance - Wed, August 7, 2024 | 2:01 pm

Vincom Retail opens new shopping malls in HCMC, Bac Giang province

Vincom Retail opens new shopping malls in HCMC, Bac Giang province

Vincom Retail JSC, a subsidiary of private Vietnamese conglomerate Vingroup, opened shopping centers in Ho Chi Minh City and the northern province of Bac Giang on Saturday, bringing its total to 87.

Real Estate - Sun, July 28, 2024 | 5:53 pm

Top Vietnam mall operator Vincom Retail posts $40 mln net profit in Q2

Top Vietnam mall operator Vincom Retail posts $40 mln net profit in Q2

Vincom Retail, the largest mall operator in Vietnam, has reported a consolidated net profit of VND1.02 trillion ($40.3 million) in Q2/2024, up 2% year-on-year.

Companies - Tue, July 23, 2024 | 3:31 pm

Vincom Retail stocks drop to historic low

Vincom Retail stocks drop to historic low

Contrary to the general market recovery since September 2023, shares of the top mall operator in Vietnam, Vincom Retail JSC, listed on the Ho Chi Minh Stock Exchange as VRE, have not been able to escape the doldrums.

Companies - Mon, June 24, 2024 | 9:20 am

Vincom Retail to retain name, new shareholders to boost company growth: AGM

Vincom Retail to retain name, new shareholders to boost company growth: AGM

Vincom Retail leaders said Tuesday that the company does not intend to change its name for now and that it will benefit from the extensive operating experience of new shareholders.

Companies - Tue, April 23, 2024 | 10:40 pm

New players intertwine at Vincom Retail

New players intertwine at Vincom Retail

Vietnamese conglomerate Vingroup has divested a 55% stake in SDI, which indirectly holds a 41.5% stake in Vincom Retail JSC via its subsidiary Sado Trading JSC.

Companies - Mon, April 8, 2024 | 9:41 am

Berjaya Vietnam CEO and his business portfolio

Berjaya Vietnam CEO and his business portfolio

Nguyen Hoai Nam is not only CEO of Berjaya Vietnam, a subsidiary of Malaysian conglomerate Berjaya Corporation Berhad; he also has his own career in the import, distribution, and warranty of Jeep and Ram vehicles in Vietnam.

Companies - Thu, April 4, 2024 | 8:20 am

Berjaya Vietnam CEO nominated to Vincom Retail board of directors

Berjaya Vietnam CEO nominated to Vincom Retail board of directors

Nguyen Hoai Nam, CEO of Berjaya Vietnam, subsidiary of Malaysian conglomerate Berjaya Corporation Berhad, has been nominated to the board of directors of Vincom Retail JSC for the 2023-2028 tenure.

Companies - Tue, April 2, 2024 | 2:40 pm

Vincom Retail posts record consolidated net profit of $180 mln in 2023

Vincom Retail posts record consolidated net profit of $180 mln in 2023

Vincom Retail JSC, the largest mall operator in Vietnam, earned a consolidated after-tax profit of VND4.41 trillion ($180.5 million) in 2023, its all-time high.

Companies - Wed, January 31, 2024 | 10:27 pm

Large US businesses interested in investing in Vietnam: Warburg Pincus exec

Large US businesses interested in investing in Vietnam: Warburg Pincus exec

Warburg Pincus, one of the leading U.S. investment funds, will further expand its investment portfolio in Vietnam, and many other large American businesses are also interested in the Vietnamese market, said CEO Charles Kaye.

Companies - Sat, November 11, 2023 | 7:48 pm

Vietnam's largest private firm Vingroup posts record revenue of nearly $2 bln in Q3

Vietnam's largest private firm Vingroup posts record revenue of nearly $2 bln in Q3

Vingroup reported record revenue of VND47.95 trillion ($1.95 billion) in the third quarter of 2023, a year-on-year increase of 66.5%.

Companies - Wed, October 25, 2023 | 12:38 pm

Vietnam mall operator Vincom Retail appoints new CEO

Vietnam mall operator Vincom Retail appoints new CEO

Vincom Retail JSC, the largest mall operator in Vietnam, appointed Pham Thi Thu Hien as its new CEO Wednesday, replacing Tran Mai Hoa, who had held the position from April 2016.

Companies - Wed, October 11, 2023 | 2:20 pm

Vincom Retail records $85.5 mln H1 profit

Vincom Retail records $85.5 mln H1 profit

Vietnam's top shopping mall operator Vincom Retail reported net revenue of VND4.12 trillion ($173.8 million) in H1/2023, up 28% year-on-year, and post-tax profit of VND2.03 trillion ($85.5 million), up 76%, according to its consolidated financial statement.

Companies - Sat, July 29, 2023 | 12:03 pm