VN stocks rebound on business news

Vietnamese shares advanced slightly on Thursday amid lower trading liquidity as investors were drawn to companies with new information.

Vietjet’s core business continues to increase in 2018

Vietjet Aviation Joint Stock Company earned a total revenue of VNĐ53.57 trillion (nearly US$2.23 billion) and pre-tax profit of VNĐ5.81 trillion ($250 million) in 2018, according to its audited financial results published on Thursday.

Sales of locally-assembled cars down, imported cars sharply up

The sale of domestically-assembled cars in the first quarter of this year decreased by 8 per cent year-on-year to more than 46,250 units, while sales of imported cars sharply increased by 234 per cent to nearly 32,000 units, according to the latest report issued by the Vietnam Automobile Manufacturers’ Association (VAMA).

Vincom Retail’s revenue up 65 per cent in 2018

Vincom Retail Joint Stock Company earned total net revenue of VNĐ9.12 trillion (US$392.2 million) in 2018, up 65 per cent compared with the previous year, according to its financial report released at the second shareholders’ meeting in Hà Nội on Thursday.

Banks forecast further improvements

A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the State Bank of Việt Nam’s March survey released late last week.

Việt Nam Expo 2019 connects 500 firms

As many as 500 firms are exhibiting their products at the 29th Việt Nam International Trade Fair (Việt Nam Expo 2019), which opened at the International Exhibition Centre in Hà Nội on Wednesday.

Japanese investment in Việt Nam on the rise in 2019

Japanese investment in Việt Nam is expected to grow this year, given Japan’s recent initiative to shift investment to Việt Nam and other Mekong River nations, as well as free trade agreements (FTA), experts said.

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