Vietnamese firms record huge profits thanks to debt restructuring

Vietnamese firms record huge profits thanks to debt restructuring

Many businesses in Vietnam recorded sudden income spikes from debt restructuring in the fourth quarter of 2023, which contributed to improving their annual profits.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam begins 2024 with M&A flourish

Vietnam begins 2024 with M&A flourish

2024 is shaping to be a favorable year for merger & acquisition (M&A) activities in Vietnam with several firms striking early deals and others announcing their intentions to do so.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

The significance of Vietnam for US businesses, why they should take notice

The significance of Vietnam for US businesses, why they should take notice

Steven Cranwell, CEO and regional head, client coverage, in the Americas of Standard Chartered, explains why companies and investors should watch opportunities offered by Vietnam.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Businesses struggle for New Year worker bonus amid dearth of orders

Businesses struggle for New Year worker bonus amid dearth of orders

Companies in Ho Chi Minh City and neighboring provinces are struggling to keep workers and give them a happy Lunar New Year (Tet) holiday amid a thirst for capital and orders.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Job loss pushes workers into misery

Job loss pushes workers into misery

Companies’ job cuts have pushed workers into extremely difficult situations and an immediate solution is needed to prevent the current layoffs.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

US firms expected to help Vietnamese companies join supply chains: state president

US firms expected to help Vietnamese companies join supply chains: state president

Vietnamese President Nguyen Xuan Phuc suggested Thursday that U.S. firms assist Vietnamese enterprises in joining their manufacturing supply chains to help the country’s fast-growing economy better access global value chains.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Firms rejoice as Covid-hit employees allowed back to work

Firms rejoice as Covid-hit employees allowed back to work

Vu Tien, owner of a garment company, breathed a sigh of relief when Long An province allowed people infected with Coronavirus, but having no symptoms or mild symptoms, to go to work.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7