Corporate

In 2019, the firm reported VND50 billion (US$2.13 million) in net profit, an increase of 25 per cent from 2018. Last June, it also raised an $8 million quasi-equity investment from the International Finance Corporation (IFC), which is now holding 27.8 per cent preference shares of Nafoods. … [Read more...] about Nafoods receives $5 million investment from Finnfund

The plant is built at the cost of 170 million USD invested by the Universal Alloy Corporation Vietnam. (Source: kinhtedothi.vn) The plant was built at the cost of 170 million USD invested by the Universal Alloy Corporation Vietnam. … [Read more...] about Aerospace components manufacturing plant inaugurated in Da Nang

Established in 1994, 3M Vietnam operates in the fields of industry, safety and graphics, healthcare, and consumer goods. At the end of December 31, 2018, the company's revenue was estimated at $32.765 billion, 3.5 per cent higher than in the same period last year. … [Read more...] about 3M explores new opportunities to expand in COVID-19 fight

Sun Group reported that the revenue from entertainment serviced in the first two months of the year decreased by 70 percent and the number of customers fell by 2 million. The figure is expected to be 7 million after the first half of the year. As for the aviation sector, the Ministry of Transport (MOT) estimated that the industry may incur a loss of VND25 trillion, or more than $1 billion. … [Read more...] about Large corporations face hardships amid COVID-19 crisis

Phase 2 of the project is expected to be completed in April 2020 when the plan will expand the production of both aviation parts and raw materials. By 2026, UAC Viet Nam targets to have an export value of more than $180 million. … [Read more...] about Da Nang to export aerospace components next year