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losses
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Vietnam’s leaders say no rescue for state-run factories with massive losses
The Communist Party’s decision-making body has ordered the trade ministry to quickly end business ventures that are in the red.
Vietnam energy giant tries to bail from sinking shipyard after years of debts and losses
PetroVietnam does not expect to recoup its million-dollar investment in the business.
Cost of climate disasters to reach half of US growth in a decade: report
In the next decade, economic losses and health costs due to climate disasters are projected to reach at least $360 billion annually.
September 27, 2017 | 05:41 pm PT
Former oil honcho implicates ex-PM in massive Vietnam graft case
Dinh La Thang was chairman of PetroVietnam before his career took off as transport minister under PM Nguyen Tan Dung.
March 19, 2018 | 02:49 am PT
Vietnamese SOEs losing millions from foreign investment projects
Poor judgment and lack of experience in foreign markets have been blamed for the losses.
May 12, 2018 | 06:00 am PT
Tiki.vn attracts investors despite $26 million in accumulated losses
The rapid growth of e-commerce in Vietnam has not translated into profits for leaving local brands, but they continue to get huge investment.
July 9, 2018 | 09:12 pm PT
Phuong Nam makes distress sale of stakes in CGV cinemas
Phuong Nam Culture Joint Stock Co. planned to sell its remaining 7.5 percent stake in Vietnam’s largest cinema chain, CGV.
September 3, 2018 | 03:32 am PT
Trade wars cost U.S, China billions of dollars each in 2018
The U.S.-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture.
December 29, 2018 | 01:11 am PT
PetroVietnam risks losing hundreds of millions of dollars invested abroad
Eleven of PetroVietnam’s 13 foreign oil and gas exploration and extraction projects are at risk of losing their investment.
March 16, 2019 | 05:32 am PT
Coffee King: Trung Nguyen needs 2-3 years to recover from divorce
Vietnam’s coffee king says it will take several years to reverse damage caused to the business by his divorce.
June 10, 2019 | 07:49 pm PT
Currency printer reports H1 loss
The National Banknote Printing Press has reported a VND11 billion ($475,000) H1 loss, down from VND60 billion ($2.6 million) in H1 2018 profit.
August 19, 2019 | 02:11 am PT
Web dramas win millions despite losses, censors fret
Financial losses are not stopping increasing numbers of Vietnamese artists from investing in YouTube films. The exposure can pay off in the future.
August 28, 2019 | 04:35 am PT
With few passengers, Hanoi train routes suffer losses
Three railroad routes from Hanoi to northern localities suffer combined losses of VND30 million ($1,290) a day due to low demand.
August 30, 2019 | 07:31 pm PT
Overseas investments by Vietnam SOEs suffer increasing losses
Overseas investment projects of Vietnamese state-owned enterprises made losses of $367 million in 2018, up 265 percent year-on-year, a government report said.
October 18, 2019 | 10:58 pm PT
HAGL Agrico’s losses surge in Q3
HAGL Agrico reported a VND990 billion ($42.54 million) net loss in the third quarter, its fifth straight quarter in the red.
November 5, 2019 | 10:45 pm PT
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