Bảo Việt’s 2020 after-tax profit up 28.5 per cent

Bảo Việt Holdings and its affiliates reported positive growth last year with total turnover of VNĐ48.949 trillion (US$2.12 billion), up 9.1 per cent year-on-year and surpassing the annual target by 8.9 per cent.

Organic Tết cakes become a hit

Organic bánh chưng (square glutinous rice cake) sold in HCM City for the first time for Tết (Lunar New Year) has become very popular.

Bad debts of 20 banks up 4.5% in 2020

The non-performing loans (NPLs) of 20 local banks at the end of 2020 rose by 4.5 per cent year-on-year to VNĐ83.4 trillion (US$3.58 billion), according to the banks’ latest financial statements.

Shares may extend gains during pre-Tết period

The Vietnamese stock market may continue to advance during the two last trading days before the Tết (Lunar New Year) holiday but cash poured into the market is believed to decline and there might be a differentiation between flows.

Banking system works to ensure cash supply for Tết

The State Bank of Việt Nam (SBV) has requested its branches, credit institutions, foreign bank branches, and the National Payment Corporation of Việt Nam (NAPAS) ensure the safety of banking operations during the upcoming Tết (Lunar New Year) holiday.

Tết sales increase sharply on low prices

With a week to go for Tết (the Lunar New Year) sales of goods bought to celebrate the Lunar New Year have increased by 30-40 per from normal times, according to market observers.

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