Thaco to become holding company, diversify into various sectors

Trường Hải Auto Corporation (Thaco) is set to become Thaco Group, a holding company with stakes in five member companies operating in a wide range of sectors, after shareholders approved the proposal at its annual general meeting held recently in HCM City.

Vietnamese banks target more overseas markets

Vietnamese banks are stepping up plans to expand their markets globally instead of just focusing on the Indochina region.

Market to witness turbulent trading  The market is forecast to fluctuate sideways this week as brokerages forecast shares will experience some alternate volatility and corrections.

An Phát Plastic target profit up three times

An Phát Plastic and Green Environment JSC (AAA) plans to earn post-tax profit of VNĐ510 billion (US$21.8 million) in 2019, 2.8 times higher than the previous year.

HDBank targets profit up 27 per cent

Việt Nam's Housing Development Bank (HDBank) plans to collect VNĐ5.07 trillion (US$217 million) in pre-tax profits this year, an increase of 27 per cent compared to 2018.

Market may keep retreating on low volumes

FPT Retail forecasts 2019 profit up 20 per cent

FPT Digital Retail JSC (FRT) is aiming for VNĐ17.8 trillion (US$76 million) and VNĐ418 billion in net revenue and post-tax profit this year, up 16 per cent and 20 per cent year-on-year, respectively.

MB Securities sees profit up 78 per cent

MB Securities Corp’s (MBS) hopes to earn revenue and pre-tax profit of VNĐ1.17 trillion (US$50 million) and VNĐ360 billion in 2019, up by 11 per cent and 78 per cent year-on-year, respectively.

Đất Xanh Real Estate to IPO real estate services segment in late 2019

Đất Xanh Real Estate Service and Construction Corp (DXG) plans to conduct initial public offering (IPO) for its real estate services segment in late 2019, early 2020.

Rice firms face bankruptcy as trade face difficulties

A series of companies who rushed to trade rice a decade ago are now facing difficulties and in some cases, have gone bust.