EuroCham Vietnam's quarterly business confidence index rises for third time in a row

EuroCham Vietnam's quarterly business confidence index rises for third time in a row

EuroCham’s Business Confidence Index (BCI) for Vietnam rose for the third time in a row to 52.8 in the first quarter of 2024, the highest level since Q3/2022, which indicates optimism in the national economy.

Economy - Mon, April 8, 2024 | 10:21 am

Construction of first northern Vietnam LNG power project must start in Q3: Quang Ninh authorities

Construction of first northern Vietnam LNG power project must start in Q3: Quang Ninh authorities

Authorities in Vietnam’s northern province of Quang Ninh have requested the investor and relevant agencies to urgently complete legal procedures to start construction of a $2.23 billion LNG power project in the third quarter of this year.

Energy - Mon, February 26, 2024 | 9:35 am

Work on $2 bln Thai Binh LNG power plant to begin in Q3/2025

Work on $2 bln Thai Binh LNG power plant to begin in Q3/2025

The newly established Thai Binh LNG Power JSC plans to start work on its $2 billion, 1.5 GW LNG-to-power plant in Thai Binh province in the third quarter of 2025.

Energy - Sun, January 28, 2024 | 8:07 am

Green industrial parks in southern Vietnam post zero losses in Q3

Green industrial parks in southern Vietnam post zero losses in Q3

Despite the ailing economy and increased prices and costs due to inflation, green and ecological industrial parks in southern Vietnam have still seen positive results, with no business reporting losses in the third quarter of 2023.

Industrial real estate - Fri, November 17, 2023 | 9:38 am

Listed firms post lower than expected Q3 profits: broker VNDirect

Listed firms post lower than expected Q3 profits: broker VNDirect

Total profits posted by companies listed on the Ho Chi Minh Stock Exchange (HoSE) in the third quarter of 2023 decreased by 9% year-on-year, according to Vietnam’s leading securities broker VNDirect.

Finance - Sat, November 11, 2023 | 9:54 am

Cash, bank deposits of Dung Quat refinery operator climb to $1.5 bln

Cash, bank deposits of Dung Quat refinery operator climb to $1.5 bln

Cash and bank deposits of Binh Son Refinery and Petrochemical JSC, which operates the Dung Quat oil refinery, reached nearly $36.47 trillion ($1.5 billion) by the end of Q3/2023, an increase of $446.5 million or 31.4% year-on-year.

Companies - Mon, November 6, 2023 | 11:00 pm

Who is the king of cash on Vietnam stock market?

Who is the king of cash on Vietnam stock market?

The total reserves of the Vietnamese stock market's 10 biggest cash holders exceeded VND265 trillion ($10.8 billion) as of the end of Q3/2023.

Finance - Sun, November 5, 2023 | 7:09 pm

Major industrial park developer Idico records sharp dip in Q3 profit

Major industrial park developer Idico records sharp dip in Q3 profit

Idico Corporation's Jan-Sept revenue dropped 29% year-on-year to nearly VND5 trillion ($203.41 million) and net profit declined 60% to VND842 billion ($34.26 million).

Companies - Sun, November 5, 2023 | 3:00 pm

Vietnam banks see mixed profit results in Q3

Vietnam banks see mixed profit results in Q3

Vietnamese banks saw a strong divergence in third-quarter profits, with many reporting growth thanks to a sharp reduction in credit risk provisioning costs.

Banking - Thu, November 2, 2023 | 9:52 pm

Retail major Mobile World sees 96% plunge in Q3 profit

Retail major Mobile World sees 96% plunge in Q3 profit

Vietnam’s Mobile World Investment Corporation (MWG) has posted after-tax profits of VND38.7 billion ($1.57 million) in the third quarter of 2023, down 96% year-on-year.

Companies - Wed, November 1, 2023 | 5:37 pm

FPT Retail records losses for third consecutive quarter

FPT Retail records losses for third consecutive quarter

FPT Retail, a subsidiary of tech giant FPT Corporation, reported a net loss of VND21 billion ($854,800) in Q3/2023, marking its third consecutive quarter of losses.

Companies - Wed, November 1, 2023 | 2:50 pm

Vietnam aviation service providers earn big in Q3

Vietnam aviation service providers earn big in Q3

Businesses providing aviation services in Vietnam reported profits in the third quarter of 2023 many times higher than the same period last year thanks to the industry's strong recovery.

Companies - Mon, October 30, 2023 | 9:28 am

Vietnam's No.1 steelmaker Hoa Phat posts 5-quarter high Q3 profit

Vietnam's No.1 steelmaker Hoa Phat posts 5-quarter high Q3 profit

Stable raw material prices and improved sales helped Hoa Phat Group, Vietnam's largest steelmaker, earned a post-tax profit of VND2 trillion ($81.37 million) in the third quarter of 2023, the heftiest in five quarters.

Companies - Sun, October 29, 2023 | 12:03 pm

Top brewer Sabeco reports 23% decline in Q3 profits

Top brewer Sabeco reports 23% decline in Q3 profits

Vietnam’s leading beer maker Sabeco, owned by Thailand's ThaiBev, has reported an after-tax profit of VND1.07 trillion ($43.7 million) in the third quarter of 2023, down 23% year-on-year.

Companies - Sat, October 28, 2023 | 9:20 am