ESG rules must be tightened to unlock green capital flows: HSBC exec

ESG rules must be tightened to unlock green capital flows: HSBC exec

Lam Thuy Nga, country head of large corporate, wholesale banking at HSBC Vietnam, shares her thoughts from the Vietnam Connect Forum 2024.

Consulting - Tue, April 23, 2024 | 11:05 am

VinFast begins sales of VF DrgnFly electric bike in United States

VinFast begins sales of VF DrgnFly electric bike in United States

VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will begin selling its VF DrgnFly electric bike in the U.S. later this month, with a listed price of $2,599, the EV maker said Friday.

Companies - Fri, April 12, 2024 | 9:06 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

Property giant Vinhomes targets $1.4 bln net profit in 2024

Property giant Vinhomes targets $1.4 bln net profit in 2024

Vinhomes JSC, the real estate arm of Vietnamese private conglomerate Vingroup, is aiming to earn VND120 trillion ($4.78 billion) in revenue and VND35 trillion ($1.4 billion) in net profit this year, up 16% and over 4% respectively compared to 2023.

Companies - Thu, April 4, 2024 | 9:32 am

Vietnam EV maker VinFast opens first dealership in Indonesia

Vietnam EV maker VinFast opens first dealership in Indonesia

Indonesian firm PT Gallerie Setia Utama has opened the country’s first VinFast dealership, marking a milestone for the Vietnamese electric vehicle (EV) maker.

Companies - Tue, April 2, 2024 | 7:32 pm

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

Singapore sovereign fund GIC divests from Vietnamese consumer giant Masan

Singapore sovereign fund GIC divests from Vietnamese consumer giant Masan

A group led by Singaporean sovereign fund Government of Singapore (GIC) has cut its ownership in Vietnam’s leading consumer goods manufacturer and retailer Masan Group to below 5%, losing its status as a major shareholder.

Companies - Mon, March 25, 2024 | 10:36 am

VinFast inks EV distribution pact for Micronesia, launches EV charging stations venture

VinFast inks EV distribution pact for Micronesia, launches EV charging stations venture

VinFast, the electric vehicle arm of Vietnamese conglomerate Vingroup, said Wednesday that it has signed a cooperation agreement with Guam AutoSpot to distribute its EVs in Micronesia.

Companies - Wed, March 20, 2024 | 8:58 pm

Many giants eye $2.54 bln LNG project in central Vietnam’s Ha Tinh province

Many giants eye $2.54 bln LNG project in central Vietnam’s Ha Tinh province

Vietnam’s Vingroup, T&T Group and Hoanh Son Group, and South Korea’s Samsung Electronics have come forward as potential investors in the Vung Ang III Ha Tinh LNG power project in the central province of Ha Tinh.

Energy - Sat, March 16, 2024 | 11:44 am

VinFast to attend motor shows in Thailand, Canada, sell EVs in Africa

VinFast to attend motor shows in Thailand, Canada, sell EVs in Africa

VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will attend international motor shows in Thailand and Canada, and attempt to break into the African market this year.

Companies - Sat, March 16, 2024 | 10:22 am

Sumitomo, Vingroup ink green transport development pact

Sumitomo, Vingroup ink green transport development pact

Japanese keiretsu Sumitomo and taxi operator GSM JSC uder Vietnamese conglomerate Vingroup inked a green transportation development agreement on Tuesday to foster carbon neutrality in Vietnam.

Companies - Thu, March 14, 2024 | 3:02 pm

Vietnam outbound investment shrinks 78% to $25 mln in Jan-Feb

Vietnam outbound investment shrinks 78% to $25 mln in Jan-Feb

Outbound investment by Vietnamese companies plunged 78.3% year-on-year to $25 million in the first two months of this year, all via fresh projects, the Ministry of Planning and Investment said.

Industries - Sat, March 2, 2024 | 10:55 am

Vinhomes land portfolio at 18,152 ha for 30-year use: broker

Vinhomes land portfolio at 18,152 ha for 30-year use: broker

Vinhomes JSC, the real estate arm of private conglomerate Vingroup, has a land portfolio of 18,152 hectares for developing property projects over 30 years, according to Shinhan Securities.

Real Estate - Wed, February 28, 2024 | 4:36 pm

Real estate giant Vinhomes eyes 300ha urban area in central Vietnam province

Real estate giant Vinhomes eyes 300ha urban area in central Vietnam province

Vinhomes JSC, the real estate arm of Vietnamese private conglomerate Vingroup, has asked authorities in the central province of Nghe An to allow it to study the construction of a mega urban area in Vinh town.

Real Estate - Wed, February 28, 2024 | 1:45 pm