Sunday , November 24 2024

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Vingroup reports first-ever loss, blames Covid-19 impacts

Vingroup reports first-ever loss, blames Covid-19 impacts

Vingroup made after-tax losses of over VND7.5 trillion ($326 million) in 2021, its first ever loss, citing funding for the pandemic fight and heavier investments in electric car development. Vietnam’s biggest private conglomerate’s net revenues stood at VND125.306 trillion last year, up 13 percent over 2020. Vingroup said some of …

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Track-and-field athletes set for busy 2022

  Nguyến Thị Oanh runs in the 2021 National Athletics Championship’s women’s 3,000m steeplechase event last December. Oanh is to defend three gold medals at the coming SEA Games in Hà Nội. — Photo courtesy of Triệu Linh HÀ NỘI — Việt Nam’s athletic team will have a busy year in 2022 …

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