For its 2026-27 strategy in Việt Nam, the group is focusing on strengthening long-term competitiveness through regional optimisation and advancing its Long Sơn Petrochemicals ethane enhancement project, which is about 50 per cent complete.
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB) has announced its business results for the first quarter of 2026, with pre-tax profit rising 14 per cent year-on-year to VNĐ6.1 trillion (US$230.9 million).
Vicostone said global conditions remained complex and unpredictable, citing escalating conflicts in the Middle East, volatile energy prices, disrupted supply chains and persistent inflationary pressure.
Industrial production maintained positive momentum from the start of the year, with enterprises resuming operations quickly after the Lunar New Year (Tết) holiday to fulfil domestic and export orders.
Global geopolitical tensions have also had a notable impact. The conflict in the Middle East since late February has disrupted global energy supply, driving up fuel prices, increasing production costs, and affecting business performance.