Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »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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