EVNGENCO 2 valued at $2 billion, IPO expected in December The company’s valuation, used for its equitisation process, was announced by the Commission for the Management of State Capital at Enterprises on Tuesday.

UPCoM firms suspended for failing to release audited reports The Hà Nội Stock Exchange (HNX) has suspended 21 companies on the Unlisted Public Company Market (UPCoM) for three days over failure to release audited 2019 financial reports.

EVN sees profit up 38 per cent in 2019 According to EVN’s consolidated financial statements, in 2019, the corporation recorded VNĐ394.9 trillion in net revenue, up 17 per cent compared to the year prior.

HNX-listed firms see total profit up 4.8% in 2019

Listed companies on the Hà Nội Stock Exchange (HNX) reported their post-tax profits grew 4.8 per cent year-on-year to reach VNĐ21.4 trillion (US$917 million) in 2019.

Johnson Electric reports results for the year ended 31 March 2020 Johnson Electric reports results for the year ended 31 March 2020

Insurers record revenue increase during COVID-19 Insurance companies have been enjoying an increase in sales in the first quarter of this year.

HDBank profits increase by 13.5% in Q1 The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has released its financial statements for the first quarter showing a total consolidated operating income that increased by 27.8 per cent year-on-year to VNĐ3.15 trillion (US$134.4 million) and pre-tax profit that increased by 13.5 per cent was VNĐ1.25 trillion ($53.4 million).

BVSC reports after-tax profit of $5.4 million

Bảo Việt Securities Company (BVSC) reported a realised after-tax profit of VNĐ127.9 billion (US$5.4 million) last year, completing 102 per cent of its plan.

Buying in now may be risky: analysts, investors warn Though Vietnamese shares have lost a lot in the past seven weeks, analysts and securities firms are unsure if it is now the right time for buying in.

HDBank profit up 25.3 per cent in 2019, non-performing loans under 1% The HCM City Development Joint Stock Commercial Bank (HOSE: HDB) has just released its audited financial statements for 2019, which show pre-tax profit increased by 25.3 per cent to VNĐ5.018 trillion (US$215.45 million), its highest ever.