Construction materials maker Viglacera records $32.8 mln H1 profit
Viglacera, Vietnam's leading producer of building materials, reported after-tax profit of VND777 billion ($32.8 million) in the first six months of 2023, down 46% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vingroup’s profit down 7% to $42 mln in first six months
Vietnam’s biggest private conglomerate Vingroup reported after-tax profits and net revenues of VND987 billion ($41.68 million) and VND86.12 trillion ($3.64 billion) in the first half of the year, down 7% and up 138% year-on-year, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Retail major Mobile World posts $2.3 bln revenue in first 6 months
Vietnam's Mobile World Investment Corporation (MWG) has earned VND56.57 trillion ($2.3 billion) in the first six months of the year, down 20% year-on-year and fulfilling 42% of its year plan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vincom Retail records $85.5 mln H1 profit
Vietnam's top shopping mall operator Vincom Retail reported net revenue of VND4.12 trillion ($173.8 million) in H1/2023, up 28% year-on-year, and post-tax profit of VND2.03 trillion ($85.5 million), up 76%, according to its consolidated financial statement.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinacafe Bien Hoa's H1 profit jumps 42% to $8.2 mln
Vinacafe Bien Hoa JSC, Vietnam's leading instant coffee maker, reported an after-tax profit of VND195 billion ($8.2 million) in the first half of 2023, up 42% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Top brewer Sabeco reports $94 mln H1 profit, down 27%
Vietnam’s leading beer maker Sabeco, owned by Thailand's ThaiBev, has reported first-half after-tax profits of VND2.21 trillion ($93.5 million), down 27% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Mixed H1 results in Vietnam chemical industry
Vietnam’s chemicals industry has reported mixed first half results this year with some firms earning increased revenues and profits and several others seeing their profits plunge.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chemical giant Vinachem subsidiaries post mixed profits in 6 months
Danang Rubber JSC and Lix Detergent JSC reported after-tax profit down 49% and 18.5% in the first six months of this year, respectively, while Lam Thao Fertilizers and Chemicals JSC posted profit up 14%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese commercial banks to see profit growth decelerate
Vietnamese banks have seen significantly lower second quarter profits and could find it difficult to reach even a 10% year-on-year growth this year, compared to last year’s 35%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Telecom giant VNPT reports $93 mln profit in 6 months
Vietnam's state-owned telecom group VNPT reported consolidated revenue of VND26.32 trillion ($1.11 billion) in the first half of this year, and pre-tax profit of VND2.2 trillion ($92.88 million), reaching 47.1% and 49.7% of its year targets, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hanoi Vodka maker records 25 consecutive quarter losses
Hanoi Liquor JSC (Halico), producer of Hanoi Vodka, has posted losses for 25 consecutive quarters, with a pre-tax loss of over VND2.1 billion ($88,800) in Q2/2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial park developer Kinh Bac reports $85 mln H1 profit
Leading industrial real estate developer Kinh Bac City Development Holding Corp. reported revenues of VND4.5 trillion ($189.99 million) and profits of VND2 trillion ($84.5 million) in the first six months of this year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk reports $94 mln profit in Q2, changes brand identity
Vietnam’s largest dairy producer Vinamilk reported consolidated revenue of VND15.2 trillion ($642.27 million) and consolidated after-tax profit of VND2.22 trillion ($93.8 million) in the second quarter of this year, up 1.6% and 5.6% year-on-year, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hoa Phat steel sales down 27% in first six months
Hoa Phat Group, Vietnam's largest steelmaker, sold 2.9 million tons of construction steel, billets and hot-rolled coils (HRC) in the first half of the year, down 27% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Maritime major VIMC records $66 mln pre-tax profit in 6 months
Vietnam Maritime Corporation (VIMC), the country's leading maritime service provider, gained a pre-tax profit of VND1.56 trillion ($65.68 million) in the first six months of this year, down 20% year-on-year, but reaching 67% of its year target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam welcomes nearly 6 mln foreigners in first 6 months
The number of foreigners visiting Vietnam in January-June was nearly 5.6 million, up 9.3 times year-on-year, but just 66.7% of the same period in pre-pandemic 2019.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam growth pace accelerates in Q2
Vietnam’s economy expanded by 4.14% in the second quarter from a year ago, despite slowing global demand for imports, the General Statistics Office (GSO) said on Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Railways records $1.25 mln H1 loss
Vietnam Railways has reported a loss of VND29.7 billion ($1.25 million) in the first half of the year and expects the annual figure to reach VND570 billion ($24.1 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Electricity loses $701 mln in first half
State utility Vietnam Electricity (EVN) reported a consolidated loss of VND16,586 billion ($701 million) in the first six months of the year as the price of fuel for electricity production like coal, oil and gas sharply increased.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Budget carrier Vietjet records $6 mln H1 profit
Vietjet recorded an after-tax profit of VND145 billion ($6.18 million) in the first half of the year, up 19% year-on-year as domestic travel demand recovered.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Owner of The Coffee House chain posts $12.26 mln loss in H1
Seedcom Group JSC, owner of The Coffee House chain, has reported a loss of more than VND287.3 billion ($12.26 million) in the first half of 2022, raising its accumulated loss to VND1,179 billion ($50.31 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital member Tracodi promotes infrastructure investment strategy
The Transport and Industry Development Investment JSC (Tracodi), a subsidiary of Bamboo Capital Group, is accelerating its expansion into the infrastructure segment, especially aimed at transport.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinacafe Bien Hoa posts $41 mln in H1 revenue, driven by instant coffee
Vinacafe Bien Hoa JSC, Vietnam's leading instant coffee company, reported a consolidated net revenue of VND953.8 billion ($40.73 million) in the first half of 2022, up 18% year-on-year, mainly from instant coffee and coffee-flavored beverages.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Transport firms to profit as sea freight grows steadily cheaper
Sea freight rates are expected to fall in the second half of 2022, but at a glacial pace, allowing transport firms to reap high profits for another six months, according to leading broker Saigon Securities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Telecom giant Viettel posts $1.14 bln profit in H1
Military-run group Viettel reported a pre-tax profit of VND26,600 billion ($1.14 billion) in the first half of the year, up 21.7% year-on-year, a four-year record high.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Maritime major VIMC records two-fold profit increase in Q2
Vietnam Maritime Corporation, the country's leading maritime service provider, reported an after-tax profit of VND1,434 billion ($61.31 million) in the second quarter of the year, 1.95 times year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
State capital investment company records $141 mln in H1 profit
Vietnam's State Capital Investment Corporation, which manages and invests state capital in enterprises, reported an after-tax profit of VND3,310 billion ($141 million) in the first half of 2022, down 42% year-on-year and fulfilling 92% of the year's profit plan.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major bank BIDV's H1 profit grows 38% to $381 mln
BIDV, a leading Vietnamese bank with the state holding an 81% stake, reported an after-tax profit of VND8,901 billion ($380.5 million) in the first six months of the year, up 37.7% year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
$227 mln HDBank H1 profit driven by bancassurance, cashless payments
HDBank, one of the first Vietnamese joint stock banks, reported a pre-tax profit of VND5,304 billion ($227 million) in the first six months of 2022, up 26.5% year-over-year and fulfilling 54% of the year's profit plan.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Viettel Global reports seven-fold profit increase in H1
Viettel Global, one of Vietnam's biggest overseas investors, earned an after-tax profit of VND2,156 billion ($92.32 million) in the first half of 2022, 7.4 times year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Industrial developer Becamex posts $59 mln in H1 profit
Becamex IDC, Vietnam's leading developer of large-scale industrial townships, recorded an after-tax profit of VND1,370 billion ($58.67 million) in the first half of 2022, up 40% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vingroup gains $44 mln in H1 profit
Vingroup, Vietnam's largest listed conglomerate, attained an after-tax profit of VND1,028 billion ($44 million) in the first half of the year, down 30% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital H1 profit hit $38 mln, debt-to-equity ratio drops
Bamboo Capital Group (BCG) recorded an after-tax profit of VND877 billion ($37.6 million) in the first six months of the year, up 81.5% year-on-year.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eximbank H1 profit hit 10-year record high
Eximbank, with Japan's SMBC as major shareholder, reported after-tax profits of VND1,519 billion ($65 million) in the first six months of the year, 2.4 times year-on-year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Airways most punctual Vietnamese airline in first six months
Bamboo Airways was the most punctual Vietnamese airline in the first half of the year, with a 96.3% on-time flight rate, according to the Civil Aviation Authority of Vietnam.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
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