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Leading tour operator reports losses

Leading tour operator reports losses

Vietravel reported a VND14.1 billion ($606,000) loss in the last quarter of 2019 largely due to rising financial costs.
Post-fire losses darken days for light bulb maker

Post-fire losses darken days for light bulb maker

Light bulb maker Rang Dong, whose Hanoi warehouse was gutted by a fire, has reported Q4 losses of almost VND36 billion ($1.5 million).
January 31, 2020 | 07:11 pm GMT+7
Hanoi Vodka producer reports fifth consecutive losing year

Hanoi Vodka producer reports fifth consecutive losing year

Alcohol giant Hanoi Liquor JSC (Halico) made a post-tax loss of VND64 billion ($2.76 million) in 2019, continuing a trend commenced in 2015.
January 17, 2020 | 04:40 pm GMT+7
Stock market ends three-session gaining streak

Stock market ends three-session gaining streak

The VN-Index slipped 0.55 points, or 0.06 percent, to 958.88 points Tuesday, ending three consecutive sessions on a positive.
December 24, 2019 | 05:54 pm GMT+7
VN-Index drops 0.6 percent as blue chips sink

VN-Index drops 0.6 percent as blue chips sink

Blue-chips led stock market losses Tuesday, with the VN-Index falling 5.76 points or 0.6 percent to close at 960.30 points.
December 10, 2019 | 04:41 pm GMT+7
Steel sector reports Q3 losses

Steel sector reports Q3 losses

Most steel enterprises in the country have reported third-quarter losses or a plunge in profits; many blame the U.S.-China trade spat.
November 04, 2019 | 09:28 am GMT+7
Restaurant chain Mon Hue keeps losing millions of dollars

Restaurant chain Mon Hue keeps losing millions of dollars

Mon Hue suffered an accumulated loss of almost VND107 billion ($4.62 million) since 2016 as its expansion costs rose much faster than revenue.
October 24, 2019 | 04:00 pm GMT+7
Transport ministry blamed for building metro without capital recoup plans

Transport ministry blamed for building metro without capital recoup plans

The Ministry of Transport began Hanoi’s first metro project knowing it would make losses, but making no plans to recoup its capital, state auditors say.
September 23, 2019 | 05:32 pm GMT+7
Gaming firm VNG loses entire investment in Tiki

Gaming firm VNG loses entire investment in Tiki

E-commerce platform Tiki’s losses have wiped out a total of VND506 billion ($22 million) gaming firm VNG had invested in it.
September 13, 2019 | 08:12 am GMT+7
Bamboo Airways okayed to expand fleet to 30 jets

Bamboo Airways okayed to expand fleet to 30 jets

Budget carrier Bamboo Airways has received permission to operate 30 aircraft by 2023, improving its profit-making chances.
August 14, 2019 | 09:49 pm GMT+7
South Korean investment fund offloads 8 pct stake in Coteccons

South Korean investment fund offloads 8 pct stake in Coteccons

Korea Investment Management sold most of its stake in construction giant Coteccons after a third straight quarter of declining profits.
August 13, 2019 | 03:35 pm GMT+7
Shipping firm Vinalines plunges into loss

Shipping firm Vinalines plunges into loss

Vinalines reported a loss of VND633 billion ($27 million) in H1 after failing to sell loss-making ships whose maintenance is expensive.
August 13, 2019 | 02:32 pm GMT+7
Losses unabated for producer of Hanoi Vodka

Losses unabated for producer of Hanoi Vodka

Alcohol giant Hanoi Liquor JSC reported that its loss-making trend has continued with a VND37 billion ($1.6 million) pre-tax loss in H1.
July 20, 2019 | 08:00 am GMT+7
Once-popular karaoke brand Arirang shut down

Once-popular karaoke brand Arirang shut down

Electronics and food retailer Phu Nhuan Service JSC (Maseco) is closing its once-popular karaoke and electronics brand Arirang.
July 15, 2019 | 02:12 pm GMT+7
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