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losses

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Casino operator reports losses for 4th year in a row

Casino operator reports losses for 4th year in a row

Royal International Corp., which runs the country’s biggest casino in the northern province of Quang Ninh, has reported losses for a fourth straight year in 2022.
Airlines report losses in 2022

Airlines report losses in 2022

Vietnam Airlines and Vietjet incurred losses of VND10 trillion (US$423.7 million) and VND2.17 trillion last year mainly due to higher fuel prices and forex volatility.
February 9, 2023 | 03:52 pm PT
Livestock company Dabaco reports first losses in 5 years

Livestock company Dabaco reports first losses in 5 years

Leading food and animal feed producer Dabaco Group posted a net loss of over VND79 billion (nearly $3.35 million) in Q4 of 2022, recording its first decline in five years.
February 1, 2023 | 03:49 pm PT
Steelmaker Hoa Phat reports bigger losses in Q4

Steelmaker Hoa Phat reports bigger losses in Q4

Hoa Phat Group, Vietnam’s biggest construction steel firm, posted net losses of nearly VND2 trillion ($84.7 million) in Q4 last year, higher than the losses of roughly VND1.8 trillion in Q3.
January 20, 2023 | 07:31 am PT
Steelmakers report biggest-ever losses

Steelmakers report biggest-ever losses

Leading steelmakers in the country have reported biggest-ever Q3 losses in amidst low sales, rapidly falling prices and high inventories.
November 1, 2022 | 03:34 pm PT
FLC posts losses of $31.7 mln

FLC posts losses of $31.7 mln

Property company FLC has racked up after-tax losses of VND785 billion (nearly $31.7 million) in the third quarter alongside significant fall in revenues.
October 31, 2022 | 06:13 pm PT
Vietnam stocks gains and losses from Russia-Ukraine crisis

Vietnam stocks gains and losses from Russia-Ukraine crisis

Oil and gas, fertilizer and steel stocks will benefit from the crisis in Russia-Ukraine, but animal husbandry-related ones will be hurt, BIDV Securities (BSC) has said.
March 1, 2022 | 06:00 am PT
People sell properties at loss as pandemic hits incomes

People sell properties at loss as pandemic hits incomes

People in are selling off properties in HCMC and southern localities at a loss due to financial difficulties caused by Covid-19.
August 29, 2021 | 04:30 pm PT
Red ink continues to plague businesses

Red ink continues to plague businesses

Many companies continue to report losses for the first half of the year after being hit hard by the resurgence of Covid-19.
August 14, 2021 | 07:48 pm PT
Vietnam Airlines overdue debts surpass $578 mln

Vietnam Airlines overdue debts surpass $578 mln

Vietnam Airlines had posted overdue debts of more than VND13.3 trillion (nearly $578.3 million), including nearly VND7.1 trillion for aircraft rentals, as of late June.
July 23, 2021 | 01:07 am PT
Of loss and resilience: Central Vietnam hurt by historic deluge

Of loss and resilience: Central Vietnam hurt by historic deluge

Suffering the worst flooding in years, central Vietnam communities grapple with epic devastation, in any way they can.
October 20, 2020 | 01:19 am PT
Carriers, ground transport crippled by coronavirus epidemic

Carriers, ground transport crippled by coronavirus epidemic

The Covid-19 outbreak has cost Vietnamese airlines an estimated VND10 trillion ($430.5 million), and rail and road transport firms a large proportion of traffic.
February 14, 2020 | 05:51 pm PT
HAGL Agrico’s losses surge in Q3

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
Overseas investments by Vietnam SOEs suffer increasing losses

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
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