Keyword: "total assets"

Resolution No. 79-NQ/TW issued by the Politburo is seen as more than a regulatory instrument. It is widely regarded as a strategic response to the challenge of renewing the state economic sector in a new era. With breakthroughs in governance thinking and a clearer separation of responsibilities, the resolution is expected to nurture powerful ‘locomotives’ capable of propelling Vietnam’s economy onto the global stage, as digital and green transitions become inevitable trends.

Several banks have recently announced startling business performance results in the third quarter of 2024 and the first nine months of 2024.

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than 21.07 quadrillion VND, an increase of 4.97% compared to the end of 2023, the State Bank of Vietnam (SBV)’s latest data show.

The Southeast Asia Commercial Joint Stock Bank (SeABank) earned pre-tax consolidated profit of 698.3 billion VND (nearly 30.4 million USD) in the first quarter of 2021, an increase of nearly 2.3-fold year-on-year.

PetroVietnam Power Corporation (PV Power) recorded a consolidated net profit of 780 billion VND (34.2 million USD) in the first quarter, a growth of 30.6 percent against the same period of last year.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has reported it earned around 2.7 trillion VND (119.9 million USD) in pre-tax profit in the in the third quarter of this year, up 31 percent year-on-year.

Saigon Beer, Alcohol and Beverage Corporation (Sabeco) announced its net profit in the first quarter of 2017 rose 18.8 percent year-on-year to 1.12 trillion VND (49.78 million USD).

Vietjet Aviation JSC recorded positive results for the first quarter of 2017 with its aviation transport revenue standing at 5,095 billion VND (224.2 million USD), up 44.2 percent year on year.

The Bank for Investment and Development of Vietnam (BIDV) is the largest State-owned bank by total assets, according to Moody's Investors Service.