

VPBank posts $356.6 million pre-tax profit
Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) posted a pre-tax profit of more than VNĐ8.1 trillion (US$356.6 million) in 2017, registering a 65 per cent year-on-year increase.
Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) posted a pre-tax profit of more than VNĐ8.1 trillion (US$356.6 million) in 2017, registering a 65 per cent year-on-year increase.
Việt Nam Lottery Company (Vietlott) reported a revenue of more than VNĐ3.8 trillion (US$168.6 million) in 2017, more than double the revenue in 2016.
Vietnam Airlines Corporation has ranked 9th in the Top 50 Vietnam The Best.
As 2018 rolls in with newer and weightier free trade agreements (FTAs), Vietnamese enterprises are faced with a do or die situation. Eventually, they can either fully adapt and move up the global supply chain, or stand by helplessly while imported goods take over the country’s market.
If banks failed to increase their capital, it would have a strong negative impact on their credit plans. They would not be able to serve the economy as well as they ought to.
Banks are investing significantly in retail banking services instead of only focusing on corporate lending in the hope of gaining higher profits from the potential segment this year.
The Việt Nam Sugar and Sugarcane Association has proposed to the Prime Minister not to allow an extension for temporary sugar imports for re-export as the sweet industry was struggling with high stockpiles and slumping prices due to illegally imported sugar.
Vietnamese shares are forecast to move marginally this week as investors could realise their earnings after having priced in the growth prospects of both the market and local stocks.
Vietnamese exports to China experienced a significant yearly increase of 61.5 per cent to over $35.46 billion. That helped to reduce Việt Nam’s trade deficit with China to $22.76 billion last year from $28 billion in 2016.
VinFast Manufacturing and Trading Company Limited, a subsidiary of Vingroup, completed the contract of two model sedan and SUV cars with leading designer Pininfarina on Thursday.
The Ministry of Industry (MoIT) will continue to support local steel enterprises this year in their production and business, especially use of trade defence measures protecting the domestic steel industry.
The strong development of industrial parks would make a large contribution to the domestic property market, according to experts.
The number of private companies in the top 500 largest Vietnamese enterprises list (VNR500) rose by 2.5 times in 2017 after 10 years of the ranking announcement.
Investors should turn the potentials of central coastal Phú Yên Province into money, Prime Minister Nguyễn Xuân Phúc said yesterday.
Many property agents in HCM City have made the step up to become developers themselves.
There is enormous potential for investment and trade between his country and Việt Nam, according to political section counselor at the South African Embassy in Hà Nội, Mat Matiwane.
The Vietnam Steel Corporation (VNSTEEL) needs support from the Government to resolve any remaining problems associated with its two key projects, general director Nguyễn Đình Phúc said at a meeting on Friday.
Vietnamese shares advanced further yesterday as investor sentiment was cushioned by recent strong recovery of the market and hopes for better corporate performances in 2018.