Vietnam banks see mixed profit results in Q3
Vietnamese banks saw a strong divergence in third-quarter profits, with many reporting growth thanks to a sharp reduction in credit risk provisioning costs.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail records losses for third consecutive quarter
FPT Retail, a subsidiary of tech giant FPT Corporation, reported a net loss of VND21 billion ($854,800) in Q3/2023, marking its third consecutive quarter of losses.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ca Mau Fertilizer’s Q3 profit sinks to 4-year low
Petrovietnam Ca Mau Fertilizer JSC reported a profit of only VND74 billion ($3 million) in the third quarter of 2023, equivalent to 10% of the figure posted in the same period last year and marking its lowest level in four years.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam pharmaceutical firms record falling profits in Q3
Drug producers in Vietnam saw a steep decline in third-quarter profits compared to the same period last year, with some hitting their lowest levels in four quarters.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
'Shrimp king' Minh Phu reports highest quarterly profit in 4 years
Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, reported after-tax profit of VND332 billion ($13.38 million) in the third quarter of the year, up 15% year-on-year, the highest quarterly profit in four years.
Companies - 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
Vietnamese airlines report Q3 loss
Vietnamese airlines like Vietjet Air, Vietnam Airlines, or Bamboo Airways continued to report losses in the third quarter of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hanoi Q3 property market landscape
Property consultancy Cushman & Wakefield offers an insight into the landscape of Hanoi's real estate segments in the third quarter.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel stocks hit floor prices en masse on poor Q3 performance
Steel stocks hit their floor prices en masse Monday as industry companies reported poor business performance in the third quarter of the year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Gasoline retailer PVOIL posts $15 mln Q3 loss
PetroVietnam Oil JSC, a subsidiary of Petrovietnam, has reported a third-quarter loss of VND373 billion ($15 million) over a sharp drop in gasoline prices.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$587 mln Vinhomes Q3 profit driven by giant real estate project
Vinhomes, a subsidiary of Vietnam’s largest private conglomerate Vingroup, reported an after-tax profit of VND14,575 billion ($587 million) in Q3/2022 thanks to the handover of 1,300 low-rise real estate units at the Vinhomes Ocean Park 2 - The Empire project, up 30% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
First two steel makers report Q3 loss
Vicasa JSC and Thu Duc Steel JSC, subsidiaries of Vietnam Steel Corporation, are the first two steel companies to report a loss in the third quarter of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Strong economic recovery post pandemic buoys Vietnam banks
A State Bank of Vietnam survey has found commercial banks upbeat about profit and credit growth for the third quarter and the year as a whole.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam needs to build more highways: logistics firm exec
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