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Conglomerate Vingroup’s revenues plunged by 22 percent year-on-year in the first quarter to VND18.23 trillion ($793.59 million). Pre-tax profits fell 31 percent to VND1.93 trillion. The country’s biggest private company said both real estate and manufacturing sales were down. Its auto unit VinFast sold over 6,700 cars in the first …

  Facebook posts claiming a Russian artist was arrested in Lâm Đồng for public protests against Russia’s action in Ukraine. — Photo baolamdong.vn LÂM ĐỒNG — Police of Đà Lạt City have clarified that information circulating on social media that a Russian singer was arrested for protesting the war in Ukraine was fake news. Since …

Property developer Vinhomes reported a 17-percent decline in profits in the first quarter to VND5.89 trillion (US$256.8 million). Net revenues were down 9 percent to VND14.28 trillion, according to its consolidated financial statement. Around 62.5 percent of its revenues, or VND8.92 trillion, came from the sale of three housing projects, …