Vietnam seeks to enhance credit growth as H1 tally falls short at 3.36%

Vietnam seeks to enhance credit growth as H1 tally falls short at 3.36%

Vietnam needs to lift credit growth in the second half of this year after the first half’s growth fell below expectations, State Bank of Vietnam Deputy Governor Dao Minh Tu said on Wednesday.

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

Budget carrier Vietjet records $6 mln H1 profit

Budget carrier Vietjet records $6 mln H1 profit

Vietjet recorded an after-tax profit of VND145 billion ($6.18 million) in the first half of the year, up 19% year-on-year as domestic travel demand recovered.

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

Petrolimex records $6 mln loss in Q2 despite surging oil price

Petrolimex records $6 mln loss in Q2 despite surging oil price

Petrolimex, Vietnam's biggest gasoline retailer by market share, reported a loss of of VND141 billion ($6 million) in the second quarter of the year despite soaring prices of crude oil.

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

Vietnam automakers association sees H1 sales up 34%

Vietnam automakers association sees H1 sales up 34%

The Vietnam Automobile Manufacturers’ Association (VAMA), which does not include VinFast and Hyundai, sold 201,840 autos in the first half of this year, increasing by 34% year-on-year.

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