VinSpeed is building a railway project worth nearly $4 billion; a series of noteworthy business news.

Vingroup is investing $28 million to establish a company in Congo and develop a 6,300-hectare project.

Vingroup Group is investing in a subsidiary in the Democratic Republic of Congo. The company plans to invest $28 million, with the capital contribution to be made according to the investment schedule registered with the competent State authorities of Vietnam.

The planned operational objective is to conduct market research and identify investment opportunities in the real estate, electric vehicle, and other business sectors within the Vingroup ecosystem.

VinSpeed has been assigned by Ho Chi Minh City to build the nearly $4 billion Ben Thanh - Can Gio railway line.

Ho Chi Minh City has approved the investment policy and simultaneously approved the investor for the Ben Thanh - Can Gio railway line project, designating Vinspeed High-Speed Railway Investment and Development Joint Stock Company as the investor.

The railway line has a preliminary total investment of over 102,400 billion VND, not including nearly 12,800 billion VND for compensation and land clearance costs guaranteed by the State budget.

A number of businesses reveal their 2026 plans: Some aim for a fivefold increase in profits.

To date, many listed companies have already planned their business for 2026, including Vietnam Rubber Industry Group, Ca Mau Petroleum Fertilizer Corporation, Vietnam Petroleum Packaging Joint Stock Company, and Taseco Land Real Estate Investment Joint Stock Company.

28 aircraft from various airlines remain grounded due to engine shortages.

According to information from the Vietnam Civil Aviation Authority, as of December 15th, the entire industry is under immense pressure with 28 aircraft grounded due to engine shortages, accounting for 13.1% of the commercial aircraft fleet (28/213).

Over the past year, the Vietnamese aviation industry has faced several challenges related to a decrease in its aircraft fleet due to the impact of engine supply issues from the PW manufacturing plant and the negative effects of ongoing political instability and military conflicts around the world.

Facing a capital shortage at the end of the year, businesses are accepting bond interest rates as high as 13.5%.

As the year draws to a close, the demand for capital increases, prompting many businesses to raise additional funds through bond issuance, pushing interest rates on this channel up to double digits. The pressure to pay salaries and bonuses, repay loans, and secure investment capital at the end of the year has fueled a renewed surge in bond issuance.

Businesses are drastically revising their 2025 plans: some are seeing sharp declines, while others are seeing profit increases of up to 87%.

A number of businesses have adjusted their business plans, even though there is less than a month left until the end of the 2025 fiscal year. Many have increased their targets after recording positive results in the first nine months. Conversely, quite a few have revised their plans downwards compared to their initial figures, due to anticipated difficulties.

Song Ba Ha Hydropower Company convenes extraordinary shareholders' meeting.

Song Ba Ha Hydropower Joint Stock Company (stock code: SBH) recently announced a resolution approving the extraordinary general meeting of shareholders in 2026, scheduled for February 2, 2026, at the company's headquarters in Tuy Hoa Ward, Dak Lak Province.

The meeting agenda will be detailed in the meeting invitation sent to shareholders. The deadline for registration is January 5, 2026. Each shareholder owning one share will have one voting right.

Japanese capital is flowing into many industries, not just Thien Long.

Besides the Thien Long deal, major Japanese companies are pouring billions of USD into logistics, real estate, and finance, creating a vibrant investment wave in the Vietnamese market. Experts believe that the stable political environment and the network of free trade agreements create favorable conditions for bilateral cooperation between Vietnam and Japan.

Before the Thiên Long ballpoint pen incident, many Vietnamese brands fell into foreign hands.

While the M&A game used to be dominated by Thai billionaires, in recent years, Japanese and South Korean tycoons have also become increasingly active in mergers and acquisitions in Vietnam.

Following the indictment of its former leader, Bamboo Capital projects losses until 2027.

Bamboo Capital plans to incur losses for the next three years. However, the company expects the losses to gradually decrease and to return to profitability from 2028. The company has not yet published its audited financial statements for 2024. However, the company's management estimates a loss of over VND 7,530 billion in its separate audited financial report.

Source: https://dantri.com.vn/kinh-doanh/vinspeed-lam-duong-sat-gan-4-ty-usd-loat-thong-tin-doanh-nghiep-gay-chu-y-20251214075727756.htm