BSR earns 54 trillion VND in revenue in six months Business

BSR earns 54 trillion VND in revenue in six months

The Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, pocketed nearly 54 trillion VND (2.37 billion USD) in revenue in the first six months of the year, accounting for 69 percent of the yearly plan.
HDBank to raise total asset value by 21.5 pct Business

HDBank to raise total asset value by 21.5 pct

The Ho Chi Minh City Development Joint Stock Bank (HDBank) plans to increase its total asset value from the current 99.525 trillion VND (nearly 4.62 billion USD) to 120.882 trillion VND (5.61 billion USD) this year.
Business

PetroVietnam records turnover of 26.6 billion USD

The Vietnam National Oil and Gas Group (PetroVietnam) announced a turnover of 560 trillion VND (approximately 26.6 billion USD) for the last nine months, accounting for 84 percent of the annual target, in a press conference in Hanoi on October 8.
Domestic aviation recovery fuels competition Business

Domestic aviation recovery fuels competition

The domestic aviation market has significantly recovered, and growth in passenger transport is up 21 percent.

It has opened up serious competition between national carrier Vietnam Airlines, and low-fare airlines such as Vietjet Air.

Despite the strong competition and limited infrastructure for airports, Vietnam Airlines has reached its profit targets for 2013.