Monday , November 25 2024

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Vinachem profits soar 2.8-fold

Vinachem profits soar 2.8-fold

State-owned chemical manufacturer Vinachem saw profits surge by 2.8 times last year to VND6.02 trillion (US$256.50 million) thanks to high fertilizer prices. Revenues were up 17% to a record VND62.26 trillion. It sold over three million tons of fertilizers, 3,700 car tires, 2,300 million kilowatt-hours of batteries, 280,000 tons of …

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VinFast to start handover of cars in US this month

VinFast to start handover of cars in US this month

Vietnamese electric carmaker VinFast is all set to deliver vehicles to its first U.S. customers this month. “We are currently signing sales contracts with our customers and will hand over vehicles in January,” Bloomberg quoted the subsidiary of private conglomerate Vingroup as saying. It is also tying up with banks …

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