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Vingroup reports staggering growth in 1Q21 earnings

Alex Chen, Taipei; Joseph Tsai, DIGITIMES 0

Vietnam-based conglomerate Vingroup has reported net profits of VND2.1 trillion (US$90.84 million) for the first quarter of 2021, up 5-fold on year thanks to strong sales from its real estate, Vinfast automobile and Vsmart smartphone businesses.

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