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Property brokerage firms continue shutting down
A property brokerage company in Ho Chi Minh City, late April, reported to temporarily close due to prolonged losses and drained cash flows.
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
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
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
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
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
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
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 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
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 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
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
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 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 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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