Sacombank achieves $19 million pre-tax profit in H1 Sacombank achieves $19 million pre-tax profit in H1

Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) reported pre-tax profit of VND428 billion (US$18.9 million) in the first half of 2017, a year-on-year increase of 70.4 per cent.

VN among top ten US home buyers VN among top ten US home buyers

Viet Nam is among the top ten countries buying US residential real estate, according to an annual survey of residential purchases from international buyers released earlier this week by the US National Association of Realtors (NAR).

Viettel targets US$1.4 billion revenue from overseas investment Viettel targets US$1.4 billion revenue from overseas investment

The military-run telecom group, Viettel has targeted total revenue of nearly VND32 trillion (US$1.4 billion) from its overseas investment this year, posting 29 per cent year-on-year increase.

Mercedes-Benz H1 sales in VN grow by 60% Mercedes-Benz H1 sales in VN grow by 60%

Mercedes-Benz Vietnam (MBV) reported year-on-year growth of more than 60 per cent in automobile sales during the first half of 2017, its best performance in its 22 years in Viet Nam. 

Foreign investment: what you need to know Foreign investment: what you need to know

When making an investment in Vietnam, foreign investors must study the feasibility of the project based on various factors. One of them is that the investor must make sure if the business sectors they plan to operate in are permitted by the laws of Vietnam or satisfy regulatory conditions and requirements.