Economy

The Golden Group faces steep fine for failure to disclose information

The company failed to disclose information on the State Securities Commission's Information Disclosure System, the HCM City Stock Exchange's electronic information portal, and the company's electronic information portal for its separately audited and consolidated financial reports for 2022, as well as its semi-annual separately audited and consolidated financial reports for 2023.
Economy

Vietnamese companies win Indonesian rice contracts

In January, the Indonesian National Logistics Agency (Perusahaan Umum BULOG) initiated a tender to import 500,000 tonnes of rice to bolster the country's food reserves. By January 30, BULOG completed the bidding process, with Việt Nam as the winner of 8 out of 17 packages, distributed among five companies.
Economy

ABBANK profits falls sharply on bad debt provisioning

An Bình Commercial Joint Stock Bank (ABBANK) provisioned nearly VNĐ1.49 trillion (US$60.87 million) for credit risk last year, sending its pre-tax profit plummeting to VNĐ513 billion ($20.9 million) as against a target of VNĐ2.8 trillion ($114.45 million).

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