With new 'business model', billionaire Pham Nhat Vuong could earn $1.5 billion
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20/05/2021
08:01
GMT+7
Billionaire Pham Nhat Vuong has launched a new system that is expected to help Vinhomes bring in about $1.5 billion in 2021.
Vinhomes Joint Stock Company (VHM) has released documents of the 2021 annual general meeting of shareholders, which set a goal to earn after-tax profit 45% higher (to VND35 trillion - $1.5 billion) year on year, and revenue of VND90 trillion.
The revenue of Vinhomes continues to come from mega-urban areas Vinhomes Ocean Park, Vinhomes Smart City, Vinhomes Grand Park and a number of new projects.