Wednesday, June 26, 2019 - 16:50:12

Vietnam Prosperity Joint Stock Commercial Bank

Top 500 largest enterprises in Vietnam announced

Business

Top 500 largest enterprises in Vietnam announced

The list of top 500 largest enterprises in Vietnam (VNR500) has been unveiled, showing that Vietnam’s private sector continued to post strong growth with the compounded annual growth rate (CAGR) among private firms rising significantly, reaching 21.8 percent in the 2014-2017 period.

VPBank posts 246.8 million USD pre-tax profit

Business

VPBank posts 246.8 million USD pre-tax profit

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) posted a pre-tax profit of 5.6 trillion VND (246.8 million USD) in the first nine months of the year, a 79 percent year-on-year increase and reaching the top three of country’s banks following Vietcombank and Vietinbank.

Government to punish recalcitrant SOEs

Business

Government to punish recalcitrant SOEs

Leaders of qualified State-owned enterprises (SOEs) will face demotions, salary cuts, fines and even criminal charges if they fail or delay listing on the Unlisted Public Company Market (UPCoM).