Vietnam economy forecast to grow 7% in H2, after 3.7% in H1

Vietnam economy forecast to grow 7% in H2, after 3.7% in H1

The Vietnamese economy is expected to expand by 7% year-on-year in the last six months of this year, much stronger than the first half’s 3.72%, Standard Chartered Bank forecast.

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

Plastic firms report Q2 profit rise amid input price drop

Plastic firms report Q2 profit rise amid input price drop

Many plastic enterprises in Vietnam reported increased profit in the second quarter of the year thanks to lower raw material costs.

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

Textile firms see mixed performance in Q2

Textile firms see mixed performance in Q2

In contrast to a sector-wide pickup in the first quarter of 2022, Vietnamese textile and apparel companies saw mixed performance in the second quarter.

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

Vinamilk after-tax profit drops 6 quarters in a row

Vinamilk after-tax profit drops 6 quarters in a row

Vinamilk, Vietnam’s largest dairy company, recorded an after-tax profit of VND2,102 billion ($90 million) in the second quarter of 2022, down 26.5% year-on-year, as inflation impacted purchasing power and prices of input materials surged.

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

Industrial developer Becamex posts $59 mln in H1 profit

Industrial developer Becamex posts $59 mln in H1 profit

Becamex IDC, Vietnam's leading developer of large-scale industrial townships, recorded an after-tax profit of VND1,370 billion ($58.67 million) in the first half of 2022, up 40% year-on-year.

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

MB Bank reaps $408 mln profit in H1

MB Bank reaps $408 mln profit in H1

Military Bank (MB Bank) reported a Jan-June after-tax profit of VND9,520 billion ($408 million), up 49% year-on-year.

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

HCMC apartment sales near full-2021 result in Q2

HCMC apartment sales near full-2021 result in Q2

A total 9,048 new apartments were sold in the second quarter this year across Ho Chi Minh City, slightly lower than the total 10,145 units of 2021, Cushman & Wakefield said.

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

Industrial real estate makes up 35% of property M&A deals in H1

Industrial real estate makes up 35% of property M&A deals in H1

Industrial real estate accounted for 35% of merger and acquisition deals in Vietnam's property sector in the first half of the year, second only to the office segment with 39%, according to Cushman & Wakefield.

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

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