Hard times for Vietnamese cement firms amidst 2023 industry decline

Hard times for Vietnamese cement firms amidst 2023 industry decline

Many Vietnamese firms have struggled this year with both input and output pressures, incurring heavy losses and even having equity turn negative, said the Vietnam National Cement Association.

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

Vietnam Airlines records loss for 10 consecutive quarters

Vietnam Airlines records loss for 10 consecutive quarters

Vietnam Airlines made a loss over 10 consecutive quarters, with negative equity mounting to VND4,900 billion ($210 million), its Q2 consolidated financial report shows.

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

Vietnam Airlines extends losing streak

Vietnam Airlines extends losing streak

National flag carrier Vietnam Airlines recorded a loss before tax of VND2,621 billion ($113 million) in the first quarter of 2022, after eight consecutive quarters of losses.

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