Petrovietnam surpasses oil exploitation plan by 23% in H1

Petrovietnam surpasses oil exploitation plan by 23% in H1

State-run Petrovietnam pumped 5.48 million tons of crude oil in the first six months of the year, surpassing the set target by 23%.

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

Singapore bank UOB maintains Vietnam GDP growth forecast at 6.5%

Singapore bank UOB maintains Vietnam GDP growth forecast at 6.5%

Singapore's United Overseas Bank (UOB) has maintained its forecast on Vietnam’s GDP growth at 6.5% and core inflation at 3.7% in 2022.

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

World Bank raises Vietnam GDP forecast to 5.8%

World Bank raises Vietnam GDP forecast to 5.8%

The World Bank on Tuesday raised Vietnam’s GDP prediction this year to 5.8% from 5.3% in its April forecast.

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

Binh Son refinery reports all-time high profit after tax

Binh Son refinery reports all-time high profit after tax

Binh Son Refining and Petrochemical Company (BSR), a Petrovietnam subsidiary, recorded a profit after tax of VND6,764 billion ($291.6 million) in the first five months of 2022, 5.2 times higher than its full year target.

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

Steel maker Hoa Phat expects lower profit in 2022

Steel maker Hoa Phat expects lower profit in 2022

Hoa Phat Group, Vietnam’s leading steel producer, expected a profit after tax of VND25,000-30,000 billion ($1.08-1.29 billion) in 2022, down 13-28% from 2021.

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

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