Dairy giant to remain cautious until herd immunity

Dairy giant to remain cautious until herd immunity

Vinamilk will sketch out a "sideways" profit plan because Vietnam's situation will brighten up only when herd immunity is achieved, says the dairy giant’s CEO Mai Kieu Lien. Read more »
Vinhomes revenues double, but profits sharply down

Vinhomes revenues double, but profits sharply down

Property giant Vinhomes reported a 99 percent year-on-year rise in first quarter revenues to VND12.9 trillion ($564.6 million). Read more »
Bamboo Airways hikes capital yet again

Bamboo Airways hikes capital yet again

Private carrier Bamboo Airways has increased its charter capital by 28 percent to VND16 trillion ($695 million), the highest in the industry. Read more »
IT giant FPT reports 22 pct profit increase

IT giant FPT reports 22 pct profit increase

IT giant FPT has reported a 22.3 percent increase in Q1 pre-tax profit to VND1.4 trillion ($60.8 million), with its technology division the main contributor. Read more »
Vincom Retail records 58.7 pct profit surge

Vincom Retail records 58.7 pct profit surge

Mall operator Vincom Retail saw its post-tax profit increase 58.7 percent to VND781 billion ($33.9 million) in Q1. Read more »
Japanese giant takes stake in Vietnam consumer lending firm

Japanese giant takes stake in Vietnam consumer lending firm

Japan’s Sumitomo Mitsui Financial Group has signed an agreement to purchase a 49 percent stake in Vietnam’s biggest nonbank lender FE Credit. Read more »
OCB shares ‘undervalued,’ says bank chairman

OCB shares ‘undervalued,’ says bank chairman

Shares of OCB are undervalued by 25 percent, its chairman Trinh Van Tuan said at the private lender’s annual general meeting Wednesday. Read more »
​VietinBank Securities expects surge in profits

​VietinBank Securities expects surge in profits

VietinBank Securities targets pre-tax profits of VND180 billion ($7.8 million) this year, up 20 percent from 2020, as the stock market continues to rise. Read more »
Airport ground services firm targets $4.1 mln profit

Airport ground services firm targets $4.1 mln profit

Saigon Ground Services JSC has set itself a post-tax profit target of VND95 billion ($4.1 million) for 2021, 8 percent up from last year. Read more »
​Property giant Novaland eyes $2-bln profits

​Property giant Novaland eyes $2-bln profits

Novaland expects to earn profits of $2 billion from three projects in the central Binh Thuan Province and southern Dong Nai and Ba Ria-Vung Tau provinces by 2023. Read more »
New Vietbank chairman a millennial heir

New Vietbank chairman a millennial heir

The board of directors of the lender Vietbank has elected 39-year-old Duong Nhat Nguyen as its chairman for the 2021-2025 period. Read more »
Taiwan fund ups Vietnam investment

Taiwan fund ups Vietnam investment

Taiwan’s exchange-traded fund Fubon FTSE Vietnam has raised its investment in the country by $91 million in a month. Read more »
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