Eximbank targets 90% rise in 2024 pre-tax profit

Eximbank targets 90% rise in 2024 pre-tax profit

Private Vietnamese lender Eximbank has set a pre-tax profit target of VND5.18 trillion ($210.8 million) for 2024, an increase of 90.5% from last year.

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

Renewables giant Trungnam Group's assets top $4 bln

Renewables giant Trungnam Group's assets top $4 bln

Vietnamese private conglomerate Trungnam Group's total assets finished last year at VND96 trillion ($4.1 billion), according to its financial statement.

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

Automaker Thaco posts $6.5 bln total assets

Automaker Thaco posts $6.5 bln total assets

Vietnamese conglomerate Thaco Group's total assets hit VND153.09 trillion ($6.53 billion) by the end of 2022, up 18% from 2021.

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

TPBank targets 11% increase in pre-tax profit

TPBank targets 11% increase in pre-tax profit

Vietnamese private lender TPBank has set a pre-tax profit target of VND8.7 trillion ($370.37 million) in 2023, a year-on-year increase of 11%.

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

Eximbank posts pre-tax profit of $39 mln in Q1

Eximbank posts pre-tax profit of $39 mln in Q1

Vietnamese private lender Eximbank recorded a pre-tax profit of over VND900 billion ($39 million) in the first quarter of 2023, up 16% year-on-year.

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

Eximbank forecasts $212 mln profit in 2023

Eximbank forecasts $212 mln profit in 2023

Eximbank is aiming for a pre-tax profit of VND5 trillion ($212 million) in 2023, up 35% year-on-year, according to a document to be released at its 2023 annual shareholders meeting.

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

Downstream major PVOil suffers accumulated loss of $18 mln

Downstream major PVOil suffers accumulated loss of $18 mln

Petrovietnam Oil Corporation (PVOil) incurred an accumulated loss of VND436 billion ($18.48 million) and bad debts worth VND867 billion ($36.76 million) as of end-2022.

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

Major bank BIDV profit grows 70% to $989 mln in 2022

Major bank BIDV profit grows 70% to $989 mln in 2022

Leading Vietnamese bank BIDV reported a consolidated pre-tax profit of VND23,190 billion ($989 million) in 2022, up 70% year-on-year and exceeding its plan by 13%.

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

Big Four Vietnamese banks continue assets expansion

Big Four Vietnamese banks continue assets expansion

BIDV, Agribank, VietinBank and Vietcombank continued to maintain their positions as the largest asset holders among Vietnamese banks, totaling VND7 quadrillion ($299 billion) for a first half growth of 9.2%.

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