SHB sets sights on pre-tax profit hike, bad debt ratio dip in 2024
Saigon-Hanoi Commercial Joint Stock Bank, one of the top private banks in Vietnam, is aiming for VND11.28 trillion ($444 million) in pre-tax profit in 2024, up 22.2% year-over-year, its chairman Do Quang Hien told the bank's AGM on Thursday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's Mobile World plans to pay 5% dividend in 2024
Vietnam’s Mobile World Investment Corporation will present to shareholders a plan to pay dividends at a rate of 5% in 2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese firms announce cash dividends as Lunar New Year begins
Many Vietnamese companies have announced cash payout to shareholders immediately following the Lunar New Year holiday (Tet).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam top brewer Sabeco to pay 15% dividend, Thai owner to receive $42 mln
Vietnam Beverage Company Limited, indirectly owned by Thai beverage giant ThaiBev, is set to receive VND1,030 billion ($42.4 million) from a dividend payout by Vietnam’s top brewer Sabeco.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Techcombank turns 30, fetes sustained entrepreneurial spirit and constant renewal
Techcombank has always done things a bit differently, with more daring, says CEO Jens Lottner as he reflects on the Vietnamese bank’s 30-year journey and the future it envisions.
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
Agri group Loc Troi to pay 25% dividend rate in shares
Loc Troi Group JSC, a leading agricultural services and food corporation in Vietnam, will pay last year’s dividend of 25% in shares to add more than VND1 trillion ($42.65 million) to its charter capital.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's steel sector sees light at end of tunnel: Hoa Phat executive
Vietnam's steel sector has endured a difficult period, but the worst days are over, according to Tran Dinh Long, chairman of Hoa Phat Group, the biggest Vietnamese steel producer, as its performance improved from a loss in January to a profit in March.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry to reap massive dividend from machinery firm VEAM
The Ministry of Industry and Trade will net at least VND4,746 billion ($204 million) from 2021’s dividend payments by Vietnam Engine and Agricultural Machinery Corp. (VEAM), which holds major stakes in carmakers Honda Vietnam, Toyota Vietnam, and Ford Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank to pay first dividend in 8 years
Eximbank, with Japan’s Sumitomo Mitsui Banking Corporation a major shareholder, will pay a dividend for the first time in eight years, fuelling hopes the lender is entering a new period after years of shareholder conflict.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese bank SMBC terminates strategic partnership with Eximbank
Sumitomo Mitsui Banking Corporation, which holds a 15% stake in Eximbank, has terminated its strategic partnership with the Vietnamese bank ahead of time, after 14 years of cooperation, Eximbank's chairwoman said Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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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