Performance of top Vietnamese businesses Forbes Asia recently announced the Best Over A Billion list, which names the 200 top-performing listed companies across Asia Pacific with revenues of $1 billion or more. Seven Vietnamese companies made it to the list – Masan Group, Mobile World, Sabeco, Vietjet, Vinamilk, Techcombank, and Vingroup. Most remarkably, Mobile World has witnessed a significant increase in its phone, electronics, and grocery chain stores. Last year, Mobile World was set to reach its revenue target of $4.9 billion, exceeding expected net profits of $150 million. … [Read more...] about Best Over A Billion spotlights rising star
Flipkart 2017 big billion day
420 local farmers who are members of the Binh Ngoc agricultural service cooperative are busy tending to their sword lilies as Tet draws close. They have been holding their breath for months and now they are relieved as seeing the beautiful buds emerging a few days before the holiday. … [Read more...] about Sword lilies expected to bring farmers big fortune ahead of Tet
Mr. Cao Huu Hieu: Despites numerous difficulties, the group has basically completed financial criteria set at the beginning of the year and also recorded slight growth compared to the same period of 2018.- Many opinions said the Fourth Industrial Revolution will exert a profound impact on the garment-textile sector, especially labour issue. What do you think about this?Mr. Cao Huu Hieu: The application of technology has been carried out strongly in recent years, especially in the field of garment-textile. Currently, many Vinatex businesses have invested in machines to replace labour-intensive positions and 3D design as well as stages requiring high accuracy. - As there are only two months left, what has the garment-textile sector employed measures to realise the export target of 40 billion USD?Mr. Cao Huu Hieu: Businesses in the industry are taking all possible measures to boost exports, especially the yarn market, which is recovering from serious impact of trade tensions.- How do … [Read more...] about Garment-textile sector aims at 40 billion USD in export in 2019
Meanwhile, foreign investors spent $15.5 billion in 2019 to buy into Vietnamese enterprises. The total foreign indirect investment (FII) in the first 11 months of the year was $11.2 billion only, and the remaining $4.3 billion was spent within one month alone. … [Read more...] about What’s behind the $7.1 billion worth of capital flowing into Vietnam?
Grab launched food delivery service one year ago and it has been expanding the business, with the service available in 15 cities/provinces. GrabFood recently stated that the number of orders had increased by 250 times daily by mid-May compared with the end of June 2018. … [Read more...] about The battle in the e-hailing market among the ‘big four’