Urban infrastructure developer Phu My Hung reports $154 mln profit in 2022
Taiwanese-backed Phu My Hung Development Corporation, a leading urban infrastructure developer in Vietnam, reported after-tax profit of VND3.62 trillion ($154 million) in 2022, up 40% year-on-year.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
ADB to invest $18 mln in Australis’ Vietnam aquaculture venture
The Asian Development Bank (ADB) has disclosed its strategic equity investment plan for Vietnam-based Australis Holdings, committing more than $15 million to finance the firm’s climate-smart barramundi and seaweed aquaculture project.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Airlines shares face delisting risk
Vietnam Airlines shares may be delisted if its 2022 audited consolidated financial statement continues to record negative parent company profits or equity, the Ho Chi Minh City Stock Exchange (HoSE) said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Techcombank first private bank to top VND100 trillion in equity
Techcombank, listed on the Ho Chi Minh Stock Exchange as TCB, has become the first private bank in Vietnam with equity exceeding VND100 trillion ($4.27 billion).
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Real estate majors issue bonds dozens of times higher than equity
Major real estate developers have issued bonds with proceeds dozens of times, even up to 47 times, higher than their equity, raising concerns about repayment risks in cases of market turbulence.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail debt hits record high
FPT Retail’s profit rose nearly 20 times year-on-year in 2021, but its liabilities were 5.4 times more than equity, mainly short-term debt.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
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Vietnam appreciates Apple investment, creation of 200,000 jobs: PM
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Apple announces Vietnam expansion, CEO Cook in town
Industries - Update 2 day ago
- Editor’s Picks
-
CIMB Bank Vietnam posts $3.4 mln loss in 2023
-
With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
-
$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
-
Berjaya Vietnam CEO and his business portfolio
-
Vietnam-China joint venture to build $800 mln automobile factory