SABECO targets revenue of US$1.67 billion in 2022

Saigon Beer-Alcohol-Beverage Corporation (SABECO) has set a revenue target of VNĐ34.8 trillion (US$1.67 billion), and after-tax profit of VNĐ4.58 trillion ($199 million) in 2022, a 32 per cent and 17 per cent year-on-year increase, respectively.

Retailers launch bevy of promotions for holidays

A retail sales boom is expected in HCM City at both supermarkets and traditional markets during the long Reunification Day (April 30) and Labour Day (May 1) holidays, thanks to numerous promotions.

SeABank announces profit growth

The Southeast Asia Commercial JS Bank (SeABank) on Monday announced consolidated business results for the first quarter of this year with pre-tax profit of VNĐ1.3 trillion (US$), up 87.1 per cent compared with the same period last year.

Local tungsten producer announces big revenues

Masan High-Tech Materials Corporation announced its net revenues in 2021 increased 86 per cent to reach more than VNĐ13.5 trillion (US$586.9 million) thanks to the consolidation of the German tungsten producer and the higher price of tungsten last year.

MoF proposes reduced tax for import petrol

The Ministry of Finance (MoF) has proposed the Government cut the most favoured nation (MFN) tariff for unleaded petrol from the current rate of 20 per cent to 12 per cent.

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