/ˈkʌmpəni/ – noun
Definition: công ty.
A more throughout explanation: A company is a legal entity formed by a group of individuals to engage in business activities, with rights and liabilities separate from those of its members. It can enter into contracts, own property, sue and be sued, and conduct business operations. Companies can be structured in various forms, such as corporations, partnerships, or limited liability companies.
Example: The company’s board of directors approved the merger with a rival corporation.