FDI inflow in Đà Nẵng hits nearly $700m in 2019

The positive figures were attributable to local authorities’ great efforts in accelerating administrative reforms to better facilitate domestic and foreign investors, the department’s director Trần Phước Sơn told online newspaper enternews.vn. 

Economy

Twelve SOEs have losses in 2019: report

The Ministry of Finance has revealed that twelve of 136 wholly state-owned enterprises had posted losses of VNĐ720 billion (US$30.9 million) in the first half of last year, and six others faced warnings regarding financial security.
Economy

Recommendations for EVFTA, EVIPA given the go-ahead

The EVFTA includes 17 chapters, two protocols and a number of accompanying memorandums of understandings on trade in goods and services, investment, trade remedies, competition, state-owned enterprises, government procurement and intellectual property.
Economy

VPBank annouces record pre-tax profit in 2019

Việt Nam Prosperity Joint Stock Bank (VPBank) announced a record 2019 consolidated pre-tax profit of VNĐ10.3 trillion (US$445 million), exceeding 9 per cent of the yearly plan and up 12.3 per cent compared to 2018.
Economy

Yeah1 Group reports losses in 2019

Local media firm, Yeah1 Group (YEG), recorded a loss of VNĐ158 billion (US$6.8 million) in the fourth quarter of last year, pushing 2019’s total losses to VNĐ372 billion.

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