Banks looked gloomy amidst COVID-19 Business

Banks looked gloomy amidst COVID-19

Financial reports released by some banks in the first quarter have reflected the adverse impacts of the COVID-19 pandemic on their business activities, with declining profits and rocketing bad debts.
Covid-19 severely impacts banking sector’s benefit growth Business

Covid-19 severely impacts banking sector’s benefit growth

According to the SSI Securities Corporation, if COVID-19 is controlled by the end of Q2, the banks' pre-tax profit will grow by 7.2 percent per year. However, if the epidemic ends at the end of the year instead, the growth will be 0.8 percent per year.
SHS tops stock brokerage firms on HNX Business

SHS tops stock brokerage firms on HNX

The Hanoi Stock Exchange (HNX) has announced the top ten brokers with the largest transactions of listed stocks on the northern bourse in the first quarter of 2020.
Listed sectors affected by COVID-19 pandemic Business

Listed sectors affected by COVID-19 pandemic

Among 23 sectors listed on the stock market, four are expected to enjoy positive growth, nine forecast to see negative impacts in the short-term, while 10 others not likely to be affected.