Discrepancies between preliminary, audited financial reports remain thorny
A disparity between preliminary reports issued by many Vietnamese businesses and their audited financial statements has persisted on the stock market for years, leading to distorted stock prices and adversely affecting investors’ interests.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam real estate major DIC Corp sees 33% post-audit net profit plunge
Top real estate developer DIC Corp has seen its 2023 net profit drop 33% to VND112 billion ($4.49 million) after the audit of its consolidated financial statements.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
National power utility EVN reports $875 mln loss in 2022
State utility Vietnam Electricity (EVN) has reported a loss of more than VND20.7 trillion ($874.5 million) in 2022, down 33% compared to pre-audit estimates.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction giant Hoa Binh records $110 mln loss in 2022
Leading Vietnamese construction contractor Hoa Binh (HBC) made a loss of nearly VND2.59 trillion ($110.3 million) in 2022, according to its audited financial statement.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Trading restrictions on VNG shares to be lifted
The Hanoi Stock Exchange (HNX) has announced it will remove trading restrictions on VNG shares of Vietnamese tech giant VNG Corporation from June 5, 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Audit doubles major steel maker Nam Kim's loss to $5 mln in 2022
Nam Kim Steel made a loss of nearly VND125 billion ($5.32 million) in 2022, two times more than previously reported.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Targeted financial inspections and audits for 2023
The Ministry of Finance has set out directives regarding the inspection of state budget obligations in Official Letter No. 10039/BTC-TTr dated October 3, 2022.
KPMG - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hoa Binh province Party chief set to become State Auditor General
Ngo Van Tuan, Party chief of Hoa Binh province is poised to become the next State Auditor General pending a National Assembly vote in October.
Politics - 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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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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