SHB sets sights on pre-tax profit hike, bad debt ratio dip in 2024
Saigon-Hanoi Commercial Joint Stock Bank, one of the top private banks in Vietnam, is aiming for VND11.28 trillion ($444 million) in pre-tax profit in 2024, up 22.2% year-over-year, its chairman Do Quang Hien told the bank's AGM on Thursday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Finland fund Pyn Elite becomes 3rd largest shareholder of Sao Mai Group
Finland’s Pyn Elite Fund has net purchased an additional 8.3 million shares of An Giang-based multi-sector Sao Mai Group in Jan-Feb 2024, becoming the latter's third largest shareholder.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Techcombank turns 30, fetes sustained entrepreneurial spirit and constant renewal
Techcombank has always done things a bit differently, with more daring, says CEO Jens Lottner as he reflects on the Vietnamese bank’s 30-year journey and the future it envisions.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Nor-Feed becomes sole shareholder of Nor-Feed Vietnam
Nor-Feed Holding has signed an agreement to acquire Nor-Feed Vietnam shares owned by NAN Group to become the single shareholder of the Vietnam-based company.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Corporate bonds equal to 1.6% of HDBank’s total outstanding loans, lowest among banks
Corporate bonds accounted for just 1.6% of Vietnamese lender HDBank’s total outstanding loans at the end of last year, the lowest ratio in the country’s banking system, its CEO Pham Quoc Thanh said.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
We do not interfere with foreign investors' transactions: chemicals group chairman
The chairman of Vietnam's leading chemical company Duc Giang Chemicals Group has said that the company's leaders are purely focused on production and business, and do not interfere with transactions of DGC shares by foreign investors, or resolve shareholders' disappointment.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
20 largest investors hold 80% of Vinamilk's charter capital
Vietnam’s largest dairy manufacturer Vinamilk reported charter capital of nearly VND20.9 trillion ($886.16 million) at the end of 2022, with 80% owned by 20 investors.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC-backed SeABank seeks to sell shares to foreign investors
Vietnam’s SeABank, in which International Finance Corporation (IFC) has invested almost $400 million, will collect shareholders' opinions on approving its planned private placement of shares to foreign investors.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shareholder sues leading construction firm Hoa Binh
A shareholder has filed a petition to the Vietnam International Arbitration Center (VIAC) against Hoa Binh Construction Group (HBC) amid the increasingly tense power struggle occurring at the Vietnamese construction contractor.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Trungnam Group eyes green energy development in Ninh Thuan province
Energy - Update 2 day ago
Six dead as boiler explodes at southern Vietnam wood factory
Society - Update 2 day ago
Brewer giant Habeco posts biggest quarterly loss in 4 years
Companies - Update 2 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB