Vietnam Airlines strives to balance cash flow in 2024: chairman
National flag carrier Vietnam Airlines will focus on implementing its restructuring scheme with a view to balancing revenues and expenditures from 2024, said its chairman Dang Ngoc Hoa.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Difficult to find investors for restructuring weak banks: Vietnam central bank
Placing five banks under special control was "unprecedented" and it will not be easy to find investors to help restructure them in the post-pandemic context, said the State Bank of Vietnam governor.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Restructuring key to businesses’ development: executives
Leaders of large enterprises such as Phu Nhuan Jewelry JSC (PNJ) and Decathlon Vietnam have emphasized the crucial role of corporate restructuring to businesses’ sustainable development.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sacombank keen to acquire stake in Bamboo Airways
Ho Chi Minh Stock Exchange-listed Sacombank is taking procedures to acquire a stake in Bamboo Airways, one of its debtors, as the airline is seeking strategic investors.
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
NovaGroup chairman leads property developer Novaland again
NovaGroup chairman Bui Thanh Nhon on Friday officially became chairman of the Vietnamese conglomerate’s real estate subsidiary Novaland, continuing to drive the developer’s entire restructuring process.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
It’s time to make build amid market challenges: Thang Loi Group CEO
Ho Chi Minh City-based property developer Thang Loi Group is giving top priority to corporate restructuring to make it healthier this year, rather than trying to expand the business in challenging times, CEO Nguyen Thanh Quyen tells The Investor.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
NovaGroup offers 150 mln Novaland shares in business restructuring
Vietnamese conglomerate NovaGroup has registered with the Ho Chi Minh Stock Exchange (HoSE) to sell 150 million shares of its property developer Novaland as part of its restructuring.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Leading brewer Sabeco speeds up phase-two shakeup
Vietnam’s top beer maker Sabeco, owned by Bangkok-based ThaiBev, is accelerating its phase-two business restructuring toward becoming an international brewer, Sabeco CEO Neo Bennett said Wednesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s largest brewer Sabeco eyes 17% profit increase
Sabeco, owned by Thailand’s largest beverage maker ThaiBev, expects 32% and 17% rises in this year’s revenue and after-tax profit, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB