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Foreign companies continue to lead efficiency stakes in Vietnam

A report on Vietnam’s 500 most profitable companies has found foreign enterprises have better profitability ratios than state and local private firms.

Viettel Global reports profit surge

Telecom giant Viettel Global Investment JSC has made VND1.17 trillion ($50.5 million) in pre-tax profits after reporting a loss last year.

Petrolimex reports increase in profits

Petrolimex, Vietnam’s biggest petroleum retailer, has reported an 8 percent year-on-year increase in pre-tax profits in the first 6 months.
September 04, 2019 | 08:28 am GMT+7

Lottery company profit plummets in H1

Lottery firm Vietlott saw its net profits plunge 70 percent to VND64 billion ($2.8 million) in the first half of this year.
August 19, 2019 | 02:28 pm GMT+7

Stock exchange profits plunge in H1

The Ho Chi Minh Stock Exchange’s pre-tax profits plummeted 48 percent year-on-year in the first six months to VND200 billion ($8.6 million).
August 19, 2019 | 11:39 am GMT+7

HCMC lottery firm posts double-digit increase in H1 profit

The HCMC Lottery Company Ltd. made VND750 billion ($32 million) in pretax profits in the first half of 2019, up 27.55 percent year-on-year.
August 16, 2019 | 02:39 pm GMT+7

Vinhomes reports doubled Q2 profit

Real estate giant Vinhomes earned after-tax profit of VND8.46 trillion ($365 million) in the second quarter, up 102.9 percent year-on-year.
July 30, 2019 | 04:43 pm GMT+7

Vietnam’s biggest brewer reports surge in profits

Sabeco reported second quarter post-tax profit of VND1.53 trillion ($66.03 million), the highest quarterly profit in three years.
July 30, 2019 | 11:48 am GMT+7

Construction giant reports lowest quarterly profit in 4 years

Construction giant Coteccons reported a pre-tax profit of VND156 billion ($6.7 million) for the second quarter, a 71 percent decline year-on-year.
July 18, 2019 | 03:02 pm GMT+7

Vietcombank records 41 pct surge in H1 pre-tax profits

Vietcombank has made VND11.3 trillion ($488.36 million) in consolidated pre-tax profits in the first half of this year,  a year-on-year increase of 41 percent.
July 13, 2019 | 02:21 pm GMT+7

Airport operator reports solid growth

The Vietnam Airports Corporation (ACV) has reported increases in revenues and passenger numbers both on domestic and foreign routes this year.
June 16, 2019 | 02:20 pm GMT+7

Construction giant Song Da profit plunges to below $1 million

Song Da Corporation has reported pre-tax profits of VND22.3 billion ($956,000) in 2018, its first year after being equitized.
June 11, 2019 | 04:30 pm GMT+7

Vietnam coffee giant Trung Nguyen sees profits halved

Racked by an internal conflict, Trung Nguyen Group’s profit has declined continuously over the last three years.
June 10, 2019 | 07:36 pm GMT+7

Three banks report plunge in profits

While profit across the banking sector grew by an estimated 40 percent last year, VietinBank, LienVietPostBank and SaigonBank have reported steep declines. 
January 25, 2019 | 08:08 pm GMT+7

Votive paper manufacturer triples profits as people burn cash

An Yen Bai company that makes votive paper tripled its net profit to VND34.3 billion ($1.48 million) last year.
January 21, 2019 | 02:39 pm GMT+7
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