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Beverage chain's revenues surge with Hanoi expansion

Beverage chain's revenues surge with Hanoi expansion

Beverage chain Phuc Long saw revenues rise nearly 65 percent over 2018 to VND779 billion ($33.7 million) last year after expanding operations to Hanoi.
Vietnam casinos enjoy double-digit revenue growth

Vietnam casinos enjoy double-digit revenue growth

Eight casinos in Vietnam saw their combined revenues rise 60 percent from 2018 to VND2.5 trillion ($108 million) last year.
August 26, 2020 | 08:17 am GMT+7
Viettel Global posts $34 mln profit

Viettel Global posts $34 mln profit

Viettel Global, a foreign investment unit of telecoms giant Viettel, saw H1 post-tax profit rise 4.3 percent year-on-year to VND779 billion ($34 million).
August 01, 2020 | 08:56 am GMT+7
Brewer Sabeco sees profits plummet

Brewer Sabeco sees profits plummet

Vietnam’s largest brewer Sabeco saw its H1 post-tax profit fall 31 percent year-on-year to VND1.93 trillion ($83 million) over Covid-19 pandemic impacts.
July 30, 2020 | 04:18 pm GMT+7
Vingroup pockets $266 mln from car, smartphone sales

Vingroup pockets $266 mln from car, smartphone sales

Vietnam’s largest private conglomerate Vingroup earned H1 revenues of VND6.16 trillion ($266 million) from its manufacturing arm, triple that of last year.
July 30, 2020 | 04:03 pm GMT+7
Sabeco profits hit seven-year low

Sabeco profits hit seven-year low

Post-tax profit of Vietnam’s largest brewer Sabeco in the first quarter nearly halved year-on-year to less than VND720 billion ($31 million), the lowest since 2013.
May 01, 2020 | 11:38 am GMT+7
Vietnam Airlines loses up to $10.8 million a week to Covid-19

Vietnam Airlines loses up to $10.8 million a week to Covid-19

Vietnam Airlines has lost VND200-250 billion ($8.6-10.8 million) per week following flight suspension to China, the national carrier said in a statement.
February 14, 2020 | 04:10 pm GMT+7
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.
January 10, 2020 | 12:05 pm GMT+7
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
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