Vietnamese billionaire reaffirms steadfast commitment to EV maker VinFast

Vietnamese billionaire reaffirms steadfast commitment to EV maker VinFast

Vietnam’s richest man, billionaire Pham Nhat Vuong, says he personally and the conglomerate that he chairs, Vingroup, will continue financing VinFast despite heavy losses incurred by the EV-maker since 2017.

Companies - Thu, April 25, 2024 | 5:32 pm

Hospitality arm Vinpearl separates from Vingroup

Hospitality arm Vinpearl separates from Vingroup

Vietnam’s largest private conglomerate Vingroup has announced it will separate from its hospitality arm Vinpearl and set up a new subsidiary in a move to restructure its member companies and improve business operations.

Companies - Sun, November 26, 2023 | 11:57 am

American music star Charlie Puth makes Vietnam debut with Nha Trang concert

American music star Charlie Puth makes Vietnam debut with Nha Trang concert

Popular American singer-songwriter Charlie Puth arrived in the beach town of Nha Trang Friday for a Saturday night performance that organizers said would be an “unlimited emotional wonder”.

Travel - Fri, July 21, 2023 | 6:29 pm

Pop star Charlie Puth adds Vietnam to world tour

Pop star Charlie Puth adds Vietnam to world tour

The beach town of Nha Trang, home to one of the world’s most beautiful bays, has been added to famous American singer Charlie Puth’s current world tour this month.

Travel - Wed, July 5, 2023 | 6:29 pm

Vingroup targets record revenue of $8 bln in 2023

Vingroup targets record revenue of $8 bln in 2023

Vietnam’s biggest private corporation Vingroup JSC is targeting a net revenue of VND190 trillion ($8 billion) in 2023, up 86.6% year-on-year and also a record high for the business.

Companies - Fri, April 28, 2023 | 6:28 pm

Marriott adds 7 Vinpearl hotels, resorts to Vietnam portfolio

Marriott adds 7 Vinpearl hotels, resorts to Vietnam portfolio

Marriott International Inc. on Wednesday signed management agreements with Vinpearl, Vietnam’s largest hospitality and leisure chain, for an additional seven hotels and resorts, comprising more than 2,500 rooms.

Real Estate - Wed, April 19, 2023 | 2:17 pm

Vingroup partners with Google Cloud to accelerate digital transformation

Vingroup partners with Google Cloud to accelerate digital transformation

Vietnam’s largest private conglomerate Vingroup has embarked on a strategic collaboration with Google Cloud to modernize and connect its systems and data at a group-wide level.

Companies - Mon, December 5, 2022 | 4:40 pm

Vingroup earns $63 mln in 9-month profit

Vingroup earns $63 mln in 9-month profit

Vietnam’s largest private conglomerate Vingroup earned after-tax profits of VND1,571 billion ($63 million) in the first nine months of the year, down 8% year-on-year and fulfilling 26% of the year's target.

Companies - Tue, November 1, 2022 | 3:30 pm

Vinhomes divests from Vinpearl Landmark 81 JSC

Vinhomes divests from Vinpearl Landmark 81 JSC

Vinhomes, a subsidiary of Vietnam’s largest private conglomerate Vingroup, has entirely divested from Vinpearl Landmark 81 JSC.

Real Estate - Wed, July 6, 2022 | 10:36 am

Danang, Nha Trang tourism complexes to run casinos

Danang, Nha Trang tourism complexes to run casinos

The Ministry of Finance has proposed that two high-end tourism complexes - Ba Na Hills and Vinpearl Hon Tre Nha Trang - be allowed to run casinos.

Industries - Tue, July 5, 2022 | 8:16 am

Major Vinpearl deal adds 8 hotels to Marriott portfolio

Major Vinpearl deal adds 8 hotels to Marriott portfolio

Marriott International Inc. on Wednesday signed a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, to manage almost 2,200 rooms across eight hotels in the country under its brands.

Real Estate - Thu, June 23, 2022 | 6:13 pm

World first transparent tourist submarine debuts in Nha Trang

World first transparent tourist submarine debuts in Nha Trang

The world's first ever see-through submersible has welcomed passengers on its first public dives in a hugely significant move for submarine tourism in Nha Trang town, a top tourist attraction in central Vietnam.

Travel - Tue, June 7, 2022 | 11:32 am

Marriott, Melia Hotels race to expand Vietnam footprint

Marriott, Melia Hotels race to expand Vietnam footprint

Marriott International Inc. and Melia Hotels International are pursuing vigorous expansion in Vietnam in a neck-and-neck race.

Real Estate - Wed, May 25, 2022 | 4:53 pm

Vingroup earns $22.3 mln in profit after tax in Q1

Vingroup earns $22.3 mln in profit after tax in Q1

Profit after tax of Vingroup, Vietnam's biggest listed conglomerate by market cap, dropped 69% year-on-year in the first quarter of this year to VND512 billion ($22.3 million).

Companies - Fri, April 29, 2022 | 10:13 am