High-speed ferry operator Superdong Kien Giang posts 40% fall in Q1 profit

High-speed ferry operator Superdong Kien Giang posts 40% fall in Q1 profit

Superdong Fast Ferry Kien Giang JSC reported an after-tax profit of VND20 billion ($785,700) on net revenue of nearly VND108 billion ($4.24 million) in Q1/2024, down 40% and 8% year-on-year, respectively, according to its financial statements.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM joins groundbreaking ceremony for Sun Group’s $2 bln resort complex in Phu Quoc

PM joins groundbreaking ceremony for Sun Group’s $2 bln resort complex in Phu Quoc

Vietnamese Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for the VND50 trillion ($2 billion) Hon Thom marine tourism, resort and entertainment complex in Phu Quoc city off the southern province of Kien Giang on Saturday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Southern Vietnam town attracts $1.5 bln investment

Southern Vietnam town attracts $1.5 bln investment

Kien Giang province authorities have granted investment memoranda to 16 companies to invest in 17 projects in Ha Tien town with combined investment capital of VND37.25 trillion ($1.5 billion).

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bamboo Capital’s acquisition of waste treatment firm marks entry in waste-to-power sector

Bamboo Capital’s acquisition of waste treatment firm marks entry in waste-to-power sector

BCG Energy of private Vietnamese conglomerate Bamboo Capital group is set to enter the waste-to-power sector with the acquisition of Ho Chi Minh City-based waste treatment firm Tam Sinh Nghia Investment Development JSC.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investors eye waste treatment on Phu Quoc island

Investors eye waste treatment on Phu Quoc island

Enterprises are expressing an interest in investing in waste management on Phu Quoc island off the Mekong Delta province of Kien Giang, where waste is piling up at a rate of 170-180 tons a day.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hotel giant Marriott signs deals to open 3 new resorts in Vietnam

Hotel giant Marriott signs deals to open 3 new resorts in Vietnam

Marriott International, Inc. has signed agreements to open three new resorts in Vietnam in a move to expand its luxury portfolio, the U.S. hotel operator said on Thursday.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Kien Giang province chairman reprimanded

Kien Giang province chairman reprimanded

Lam Minh Thanh, deputy chief of Kien Giang's Party Committee and chairman of the southern province's People's Committee, has been reprimanded by the Central Inspection Committee.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Southeast Asia’s longest cross-sea 220 kV power line electrifies Phu Quoc Island

Southeast Asia’s longest cross-sea 220 kV power line electrifies Phu Quoc Island

The first phase of the 220 kV Kien Binh-Phu Quoc cross-sea power line, the longest in Southeast Asia at 80.4 kilometers, was connected to the grid Friday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7