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​HDBank profit up 87 pct

​HDBank profit up 87 pct

HDBank reported a 67 percent increase year-on-year in consolidated profit in the first quarter to over VND2 trillion ($86.9 million).
Lender ACB profits skyrocket

Lender ACB profits skyrocket

Lender ACB reported a 61.3-percent surge in profits in the first quarter to VND3.1 trillion ($134 million).
April 07, 2021 | 04:00 pm GMT+7
Techcombank expects 25 pct profit growth

Techcombank expects 25 pct profit growth

Vietnam’s largest private lender Techcombank targets an increase of 25 percent in this year’s pre-tax profits to a record VND19.8 trillion ($858 million).
April 05, 2021 | 09:46 am GMT+7
Banking industry set for bumper profits

Banking industry set for bumper profits

State-owned banks' profits will grow by around 80 percent in the first quarter and private lenders’ by around 50 percent, brokerage SSI Securities Corporation has forecast.
March 22, 2021 | 08:52 am GMT+7
Eximbank shrugs off pandemic, grows pre-tax profit by 22 pct

Eximbank shrugs off pandemic, grows pre-tax profit by 22 pct

Despite the adverse impacts of the Covid-19 pandemic, Eximbank managed to increase profits by 22 percent last year and achieve its target.
March 16, 2021 | 07:00 pm GMT+7
ACB expects profits to top $460 mln

ACB expects profits to top $460 mln

Asia Commercial Bank has set itself a profit target of VND10.6 trillion ($460.8 million) for 2021, up 10 percent from last year.
March 16, 2021 | 11:00 am GMT+7
Eximbank targets 60 pct profit growth

Eximbank targets 60 pct profit growth

Lender Eximbank targets more than a 60 percent growth in pre-tax profits to VND2.15 trillion ($93.47 million) this year.
March 05, 2021 | 10:17 am GMT+7
Food company reports 300 pct profit rise

Food company reports 300 pct profit rise

KIDO Corporation reported a 342 percent year-on-year jump in profits in January to VND90 billion, and attributed it to a surge in edible oil sales due to Tet.
February 25, 2021 | 07:22 am GMT+7
Oil distributor Petrolimex profit falls 74 pct

Oil distributor Petrolimex profit falls 74 pct

Vietnam’s biggest fuel distributor Petrolimex said its net profits last year of VND1.23 trillion ($53.69 million) were the lowest in five years.
February 04, 2021 | 07:06 am GMT+7
PetroVietnam Oil reports 460 pct increase in profit

PetroVietnam Oil reports 460 pct increase in profit

A decline in oil prices during the last quarter of 2020 reduced costs for state-owned fuel retailer PetroVietnam Oil, increasing its net profits to VND190 billion ($8.2 million).
February 03, 2021 | 10:10 am GMT+7
Vinhomes profits jump by 25 pct

Vinhomes profits jump by 25 pct

Real estate giant Vinhomes reported a pre-tax profit of VND37 trillion ($1.6 billion) for 2020, up 25 percent from the previous year.
February 01, 2021 | 09:02 am GMT+7
FPT profits up 12.8 pct

FPT profits up 12.8 pct

IT giant FPT Corporation has reported a 12.8 percent increase in pretax profit to VND5.26 trillion ($228 million) last year, and attributed it to its digital transformation.
January 27, 2021 | 12:00 pm GMT+7
Steelmaker Hoa Phat reports 80 pct profit growth

Steelmaker Hoa Phat reports 80 pct profit growth

Hoa Phat Group’s post-tax profit surged 80 percent last year to VND13.5 trillion ($584.74 million) following record figures in the third and fourth quarters.
January 26, 2021 | 01:25 pm GMT+7
VPBank profits jump 26 pct

VPBank profits jump 26 pct

Lender VPBank reported a 26 percent jump in pre-tax profit last year to VND13 trillion ($564.24 million).
January 21, 2021 | 02:03 pm GMT+7
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