Airport logistics companies report profits despite COVID-19 Although the aviation industry was ravaged by the COVID-19 pandemic, logistics companies at the airports still maintained their operations.

Viet Capital Securities revenues, profits up sharply

Viet Capital Securities’ net revenues increased by 12 per cent last year to VNĐ1.73 trillion (US$75.02 million) and were 25 per cent above the target it had set for itself. 

Creative touch preferred as industry moves out

Experts and architects want to preserve the old style Hà Nội by an idea to turn a myriad of old factories into creative hubs in the inner capital city.

SSI announces outstanding 2020 results SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 per cent to nearly VNĐ1.56 trillion (US$67.57 million) and income by 43.4 per cent to VNĐ4.528 trillion ($195.5 million).

EVNGENCO 2 to sell over 581 million shares through IPO Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of Vietnam Electricity, plans to sell over 580.12 million shares, or 48.8875 per cent of its charter capital, to investors and over 1.33 million shares, or 0.1125 per cent, to employees.

Insurance industry continues good trends in 2021 The insurance industry is forecast to continue gaining double-digit growth this year thanks to new bancassurance contracts signed late last year and the recovery of the economy.

SSI sweeps Asiamoney Brokers Poll awards SSI Securities Corporation has won 31 out of 32 awards honouring organisations and individuals in the financial and securities sector in Việt Nam at the 2020 Asiamoney Brokers Poll Awards.

KIDO Foods’ profit jumps 10 per cent Kido Frozen Foods Joint Stock Company (Kido Foods) has announced a growth of nearly 10 per cent in after-tax profit for 2020, reaching nearly VNĐ157 billion (US$6.8 million) despite facing many challenges caused by COVID-19.

Shares to move upwards on analyst forecast High liquidity and outperforming sectors last week made analysts optimistic about the market trend this week, saying that the uptrend will continue.

Vietnamese businesses set mixed targets for 2021

After performing well last year despite of COVID-19, many companies have prepared new plans for 2021. While some firms, such as GELEX, double their targeted profits, some which reported good results in 2020 lower their expectations.