Hanoi (VNS/VNA) - The first half of 2025 has revealed an impressive earnings landscape among listed enterprises, marked by the continued dominance of banks and the remarkable rise of select real estate players.
According to data compiled by CafeF.vn, banks continued to assert overwhelming strength in the top 10 pre-tax earners of the period, claiming seven positions alongside three companies under the Vingroup ecosystem. In the broader top 20, banks accounted for 12 of the most profitable firms.
Vietcombank retained its lead, reporting a pre-tax profit of 21.9 trillion VND (836.26 million USD), up 5% year-on-year. VietinBank ranked third with a robust 46% surge to 18.9 trillion VND. Notably, in Q2 alone, VietinBank posted a pre-tax profit of over 12 trillion VND, a staggering 79% increase, surpassing even Vietcombank to become the most profitable bank in the quarter.
SeABank registered the strongest profit growth among banks, soaring 81%. Other major lenders such as BIDV, MB, Techcombank, VPBank, ACB and HDBank also secured top rankings, each earning several trillions of Vietnamese dong in profits.
A striking development came from Vietnam Exhibition Fair Centre JSC (VEF), which surged to the second position nationwide with a pre-tax profit of 19.1 trillion VND, a massive 8,341% increase.
The firm attributed this record-breaking result primarily to revenue of 44.5 trillion VND from partially transferring the Vinhomes Global Gate project to New Era T&T JSC, following approval by the Hanoi People’s Committee on March 12.
Other Vingroup-affiliated firms also reported positive earnings. Vinhomes ranked fifth with a pre-tax profit of 12.9 trillion VND, a slight 5% decline. Vingroup (VIC) secured eighth place with 11 trillion VND, up 68% year-on-year.
In addition, several leading companies from other sectors also made it into the top 20. PV GAS reported a pre-tax profit of 9.4 trillion VND, up 27%. Hoa Phat reached 8.8 trillion VND, up 26%, ranking 15th.
Airports Corporation of Vietnam (ACV) posted 7 trillion VND, placing 18th. Vietnam Airlines stood out with a pre-tax profit of 6.6 trillion VND, marking a 19% increase and ranking 19th. FPT rounded out the list at 20th with 6.1 trillion VND in profit, also up 19%./.
Central bank to assess compliance of banks in risk management
The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s system of legal documents.
