Registered FDI capital in Vietnam tops $20 bln in 9 months
Registered foreign direct investment capital in Vietnam rose 7.7% year-on-year to $20.21 billion in the year to September 20, while disbursed capital hit $15.9 billion, up 2.2%.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel giant Vnsteel posts $23 mln Q3 loss
Vietnam Steel Corporation (Vnsteel), Vietnam's leading steel maker, reported a loss of VND567.3 billion ($22.86 million) in the third quarter of the year due to costs exceeding selling prices and losses of its joint ventures and associates.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fertilizer producers record profits exceeding year plans
Many fertilizer companies have reported after-tax profits exceeding the whole year's plan in the first nine months of the year as prices remained high.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Jewellery maker PNJ tops year profit target in 9 months
Phu Nhuan Jewellery JSC, Vietnam's leading jewelry maker, has reported an after-tax profit of VND1,340 billion ($54 million) in the first nine months of the year, up 133% year-on-year and equivalent to 101.5% of the year's plan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shipping companies earn huge profit
Many shipping companies in Vietnam posted nine-month profit exceeding the whole year plan in the context of high transportation demand and freight rates.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Insurance giant Bao Viet earns $50 mln profit in 9 months
Bao Viet Holdings, Vietnam's leading insurance and financial corporation, reported an after-tax profit of VND1,250 billion ($50.27 million) in the first nine months of the year, down 13% year-on-year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction giant Coteccons posts $76,000 in Jan-Sep profit
Coteccons, a leading construction company in Vietnam, reported after-tax profits of VND1.9 billion ($76,000) in the first nine months of the year, down 97% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vingroup earns $63 mln in 9-month profit
Vietnam’s largest private conglomerate Vingroup earned after-tax profits of VND1,571 billion ($63 million) in the first nine months of the year, down 8% year-on-year and fulfilling 26% of the year's target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Mobile World reports $140 mln profit in 9 months
The Mobile World Investment Corporation recorded after-tax profits of VND3,483 billion ($140 million) in the first nine months of the year, up 4% year-on-year, fulfilling 55% of the year's plan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Property developer Novaland gains $83 mln in nine-month profit
Major Vietnamese real estate developer Novaland recorded consolidated after-tax profits of VND2,054 billion ($82.7 million) in the first nine months of the year, down 19% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital subsidiary Tracodi reports $17.6 mln profit in 9 months
Tracodi, a subsidiary of the Bamboo Capital Group, has reported after-tax profits of VND436.9 billion ($17.6 million) in the first nine months of the year, up 56% year-on-year.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
Agriculture major HAGL reports 31-fold profit increase
Hoang Anh Gia Lai JSC (HAGL) recorded after-tax profits of VND892 billion ($35.92 million) in the first nine months of the year, a 31-fold year-on-year increase.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Masan delivers 39.5% core profit increase in 9 months
Masan Group, one of Vietnam’s leading private conglomerates, said Friday its January-September core profit after tax soared by 39.5% year-on-year to VND2,105 billion ($84.74 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vincom Retail earns $78 mln net profit in 9 months
Shopping mall operator Vincom Retail earned after-tax profits of VND1,944 billion ($78.26 million) in the first nine months of the year, up 63% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dung Quat refinery operator reports $519 mln profit in 9 months
Binh Son Refining and Petrochemical Company, the operator of Vietnam's first oil refinery Dung Quat, recorded an after-tax profit of VND12,899 billion ($519.4 million) in the first nine months of the year, 3.2 times year-on-year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fertilizer firm Camau reports fourfold increase in profit
PetroVietnam Camau Fertilizer JSC, a Petrovietnam subsidiary, has reported after-tax profits of VND3,272 billion ($131.7 million) in the first nine months of the year, a fourfold year-on-year increase.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
ACB posts $435 mln net profit in 9 months
The Asia Commercial Bank (ACB) earned after-tax profits of VND10,818 billion ($435.4 million) in the first nine months of the year, up 51% year-on-year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Plastic firm Binh Minh reaps highest quarterly profit in 6 years
Binh Minh Plastics JSC, Vietnam's leading plastics company, recorded an after-tax profit of VND175 billion ($7.05 million) in the third quarter of the year, the highest since Q4/2016.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Realty firm Phat Dat reports $72 mln profit in 9 months
Phat Dat Real Estate Development Corp. recorded a pre-tax profit of VND1,790 billion ($72 million) in the first nine months of the year, up 28% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Techcombank reports double-digit growth in Jan-Sept profit
Techcombank, one of Vietnam’s leading private lenders, recorded an after-tax profit of VND16,864 billion ($679 million) in the first nine months of the year, up 23% year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Brewer giant Sabeco scores $178 mln profit in 9 months
Sabeco, owned by Thailand’s largest beverage maker ThaiBev, reported an after-tax profit of VND4,424 billion ($178 million) in the first nine months of the year, up 75% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Brokerage SSI records $57 mln profit in 9 months
Leading Vietnamese broker SSI reported a Jan-Sept after-tax profit of VND1,409 billion ($57 million), down 15% year-on-year and fulfilling 40% of the year's plan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
IT major FPT reaps $231 mln in 9-month profit
FPT Corporation, Vietnam’s leading IT company, has recorded pre-tax profits of VND5,665 billion ($231 million) in the first nine months of the year, up 23.8% year-on-year and fulfilling 74.4% of the year's target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chemical group Duc Giang posts $201 mln profit in 9 months
The Duc Giang Chemicals Group, Vietnam's leading chemical company, has reported an after-tax profit of VND4,917 billion ($201 million) in the first nine months of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chemical giant Vinachem sees record high profit on fertilizer price hike
State-run group Vinachem recorded a profit of VND5,404 billion ($224 million) in the first nine months of the year, nearly triple the year's target, as fertilizer prices remained high.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$75 mln IFC loan reaches SeABank
Vietnamese lender SeABank has received a five-year convertible loan of $75 million from the World Bank’s financial arm IFC to support its growth and increase targeted lending to small- and medium-sized enterprises.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam earns $29 bln revenue in 9 months
State-run Petrovietnam estimates revenues of VND698,300 billion ($28.91 billion) in the first nine months of the year, exceeding 25% of the annual plan and up 56% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Building material maker Viglacera records $86 mln profit in 9 months
Viglacera, Vietnam's leading manufacturer of building materials, has estimated a consolidated pre-tax profit of VND2,057 billion ($86 million) in the first nine months of the year, up 97% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VietinBank, Novaland unit lead September corporate bond issuance
Vietnam’s corporate bond market saw 25 private placement issuances and one public offering in September, led by VietinBank, property developer Nova Thao Dien, and Masan Group.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
PV GAS expects to reap $4.2 bln revenue this year
PV GAS, a subsidiary of state-run Petrovietnam, expects a revenue of VND100,000 billion ($4.2 billion) this year, a record high since 2015.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam welcomes 1.87 mln foreigners, South Koreans in the lead
Vietnam welcomed 1.87 million foreign visitors in the first nine months of the year, up 16.4 times year-on-year, with South Korea and the U.S. leading the pack.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
FDI disbursement grows 16% in nine months
Disbursed foreign investment capital in Vietnam reached $15.4 billion in the year to September 20, up 16.2% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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