Vinhomes reported 2025 revenue of ~183.1 trillion VND, up 29% YoY, and net profit of 43.3 trillion VND, while proposing 2026 revenue and profit targets of 250 trillion VND and 50 trillion VND, representing growth of 62.2% and 18.7% respectively, and announcing a cash dividend plan of nearly $1 billion.
U.S. President Trump orders blockade of the Strait of Hormuz following failed negotiations with Iran, escalating geopolitical tensions and threatening global oil prices.
VinFast's deputy chairman highlights its role as a core enterprise driving domestic supply chain growth, with localization targets reaching 60% currently and aiming for 80% by 2026.
The Prime Minister has directed all ministries to submit plans for cutting administrative procedures and business conditions by April 20, as part of a broader reform effort to improve the business environment and support growth.
The Vietnamese government is directing ministries to submit plans by April 20 to cut 30% of conditional business sectors and 50% of administrative procedure compliance time and costs, aiming to improve the business environment.
Bitcoin price drops sharply following U.S. military threats against Iran's Strait of Hormuz, triggering broader crypto market declines amid geopolitical tensions.
Global oil prices surged sharply due to stalled US-Iran negotiations raising geopolitical tensions, while Vietnam reduced retail fuel taxes effective April 16.
Vietnamese commercial banks raised USD selling rates to maximum levels amid geopolitical tensions easing between the US and Iran, impacting forex markets.
Vietnam's government launches Da Nang International Financial Center under Decree No. 323/NĐ-CP, aiming to create a modern financial hub focused on fintech innovation and green finance.