Vietnam gains nearly 5.93 million USD from SOE sell-offs
The Government earned over 149 billion VND (5.93 million USD) from capital divestment at four State-owned enterprises during January – July, the Ministry of Finance (MoF) said on August 12.
State Audit asks Sabeco to pay 111 million USD
The State Audit of Vietnam has requested the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) pay to the State budget nearly 2.5 trillion VND (110.9 million USD) worth of dividends, taken from the brewer’s undistributed profit for the period prior to 2016.
Masan Group approves 11-percent cash dividend for 2016
Shareholders of Masan Group have approved a 11 percent cash dividend for 2016 and the remaining 7 trillion VND post-tax profit will be retained entirely.
VietinBank targets increasing before-tax profit
The Vietnam Commercial Bank for Industry and Trade (VietinBank) targeted increasing before-tax profit to 8.8 trillion VND (382.6 million USD) this year, up 231 billion VND (10.04 billion USD).
Shareholders in big companies make large profits this year
Several large companies on the HCM Stock Exchange have spent hundreds to several billions of Vietnamese dong to pay dividends since the beginning of this year.