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Restaurants revenues plunge as drunk driving fines scare people away

Restaurants revenues plunge as drunk driving fines scare people away

Restaurant and beer club sales are down by up to 50 percent as people are wary of the new increased drunk driving fines.
Tech sector revenue expands nearly 9 pct in 2019

Tech sector revenue expands nearly 9 pct in 2019

Technology, information and communications enterprises recorded VND3.1 quadrillion ($134 billion) in revenue in 2019, up 8.8 percent year-on-year.
December 28, 2019 | 06:40 pm GMT+7
Textile firms see profits drop

Textile firms see profits drop

Vietnamese textile firms reported a fall in profits in the first nine months as orders from major markets dried up.
November 20, 2019 | 11:08 am GMT+7
Vietnam Airlines Jan-Sept profit highest in five years

Vietnam Airlines Jan-Sept profit highest in five years

Vietnam Airlines Group posted pretax profits of VND3.29 trillion ($142 million) in Jan-Sept, up 35.7 percent year-on-year.
November 02, 2019 | 09:35 am GMT+7
Sabeco makes $3.9 million a day from beer sales

Sabeco makes $3.9 million a day from beer sales

Vietnam's biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise.
October 26, 2019 | 02:25 pm GMT+7
Mobile World’s grocery chain reports rise in revenues

Mobile World’s grocery chain reports rise in revenues

Mobile World’s grocery chain Bach Hoa Xanh reported a 158 percent increase year-on-year in January-August revenues and a growing network of stores.
September 23, 2019 | 11:56 am GMT+7
GDP revision threatens to send debts spiraling, warn experts

GDP revision threatens to send debts spiraling, warn experts

The upward revision in Vietnam’s GDP will raise spending and borrowing ceilings while revenue sources remain unchanged, experts warn.
August 30, 2019 | 08:00 pm GMT+7
Solar power firms see revenue surge in H1

Solar power firms see revenue surge in H1

Solar power firms in Vietnam connected to the national grid have reported robust first half results, with revenue doubling year-on-year.
August 13, 2019 | 08:34 pm GMT+7
Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

Vietnam's biggest private conglomerate Vingroup earned VND2.6 trillion ($112 million) from sales of electric bikes, cars and smartphones in H1 2019.
July 31, 2019 | 06:00 pm GMT+7
PetroVietnam assigned $863 mln profit target

PetroVietnam assigned $863 mln profit target

State-owned oil giant PetroVietnam has a profit target of VND20 trillion ($863 million) this year, up 17 percent from last year.
July 15, 2019 | 12:10 pm GMT+7
Anti-smoking campaigns extinguish state tobacco company’s profits

Anti-smoking campaigns extinguish state tobacco company’s profits

Revenues have been rising for three years for state-owned Vinataba, but its profits have fallen off the cliff.
July 11, 2019 | 11:32 am GMT+7
Promo-girls provider’s sales keeps falling after losing Heineken contract

Promo-girls provider’s sales keeps falling after losing Heineken contract

Saigon Petroleum Services JSC, which lost its biggest customer Heineken in 2016, has reported falling revenues for the 3rd straight year.
July 02, 2019 | 09:59 am GMT+7
Thai firm tops $1 bln in H1 revenues from Vietnam

Thai firm tops $1 bln in H1 revenues from Vietnam

Thai Beverage, which owns the biggest brewer Sabeco, earned H1 revenues of VND25.3 trillion ($1.09 billion) from its Vietnam operations.
June 26, 2019 | 09:48 am GMT+7
Fitness industry grows as Vietnam becomes body conscious

Fitness industry grows as Vietnam becomes body conscious

With interest in fitness activities picking up in Vietnam, gymnasium chains are earning big bucks.
June 19, 2019 | 12:18 pm GMT+7
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