Private lender VPBank targets 114% profit growth in 2024
Vietnam’s leading private lender VPBank targets to rake in VND23.17 trillion ($914.18 million) in pre-tax profit this year, a year-on-year increase of 114%, according to its 2024 business plan approved by shareholders at the AGM on Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
TPBank targets after-tax profit of $295 mln in 2024
Private Vietnamese lender TPBank targets to earn VND7.5 trillion ($294.75 million) in after-tax profit this year, according to CEO Nguyen Hung.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam securities firms prepare plans to increase capital as annual meeting season nears
Several securities companies in Vietnam have prepared plans to increase their charter capital for submission at upcoming annual general meetings of shareholders to fit in the growing market.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV Gas successfully organizes AGM, strengthens leadership
Vietnamese leading gas corporation PV Gas has successfully organized its 2023 annual general meeting, finalizing the heavyweight’s business plans for the year and further fortifying its leadership.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major bank BIDV attracts investors for 9% stake via private placements
Leading Vietnamese bank BIDV is selecting the best investors for its plans to increase charter capital this year to serve its growth purposes, BIDV chairman Phan Duc Tu said Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital to put more energy into infrastructure, drug sectors
Vietnamese conglomerate Bamboo Capital Group is driving its growth based on three core businesses - infrastructure, renewable energy, and real estate - and will invest more in the pharmaceutical sector, the corporation’s leadership said.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
Masan eyes $500 mln international bonds, two-digit revenue growth
Leading Vietnamese conglomerate Masan Group plans to issue international convertible bonds worth up to $500 million to increase its working capital this year, pursuing target revenue growth of 31%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital to venture into fintech
Bamboo Capital plans to invest in fintech this year, a move aimed to bolster the multi-sector conglomerate’s long-term growth.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB
