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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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MB Securities Joint Stock Company (MBS) reported its Q1 2026 financial results, becoming one of the first brokerage firms to reveal the three-month performance. Specifically, MBS recorded operating revenue of VND 1,019 billion, up 52% year over year. In the proprietary trading segment, profit from financial assets measured at fair…
Closing the 2025 financial year, Fansipan Sa Pa Cable Car Tourism Services Co., Ltd reported net profit after tax of over VND 28.7 billion, up more than 125% (about 2.25 times) from 2024. The company attributed the result to strong performance across its core business lines, including cable car operations, hotel services, and entertainment activities.
Alongside profit growth, the group’s balance sheet expanded meaningfully. As of December 31, 2025, equity stood at over VND 4,806 billion, up nearly 2.8 times compared with the end of 2024.
Profitability metrics also improved versus the prior year, with ROA at 0.22% and ROE at 0.88%. Liquidity remained solid, with the short-term paying ability ratio rising to 1.94x from 1.86x a year earlier, supporting timely settlement of short-term financial obligations.
During the year, the company consistently fulfilled bond principal and interest payments on time and strictly complied with capital safety regulations.
The company operates the Sun World Fansipan Legend complex, featuring a world-record cable car system ascending to Fansipan and a range of premium tourism services. The project is positioned to reinforce the company’s role in developing Sa Pa as an international destination.
Sun Group has built a tourism ecosystem linking the sacred summit, the valley, and a year-round festival calendar. The Ban May cultural space is highlighted as a living museum preserving traditional architecture and crafts of local ethnic groups. The presence of Asia’s highest Starbucks at 3,063 meters earlier this year is cited as an example of combining global service standards with Northwestern cultural excellence to enhance the premium visitor experience.
Traditional folk materials are also presented through performances and events, including “Dance on the Clouds,” “Sacred Peak Travelogue,” and a range of large-scale periodic programs. With awards from World Travel Awards, Sun World Fansipan Legend is described as a flagship project that honors local identity while supporting local economic development.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
