Viettel posts surge in revenue Business

Viettel posts surge in revenue

Military-run telecom group Viettel posted revenue of 144 trillion VND (6.4 billion USD ) and pre-tax profit of some 25 trillion VND in the first eight months of the year.
PVI leads non-life insurance market Business

PVI leads non-life insurance market

PVI Holdings continued to maintain its top position in the field of non-life insurance with revenue hitting 4.17 trillion VND (187.65 million USD) in the first half of 2016.
Vinamilk's profit rises 28 percent Business

Vinamilk's profit rises 28 percent

The Vietnam Dairy Products Joint Stock Company (Vinamilk) posted an after-tax profit of nearly 7.8 trillion VND (350 million USD) last year, an increase of 28 percent year-on-year.
Finland fund raises DLG stake Business

Finland fund raises DLG stake

Finland's PYN Elite Fund (Non-Ucits) this week bought more than 3.66 million shares of Duc Long Gia Lai Group JSC (DLG), increasing its holding to over 17.2 shares, a 10.18 percent stake.
PM outlines State divestment of Vinalines Business

PM outlines State divestment of Vinalines

Prime Minister Nguyen Tan Dung has told Vietnam National Shipping Lines to divest entirely from nine seaports and companies and retain 20 percent in Hai Phong and Sai Gon seaports.
Real estate leads VN rebound Business

Real estate leads VN rebound

Vietnamese shares rebounded on October 22, boosted higher by real estate firms as investors eyed solid third-quarter earnings prospects of these companies.
Credit growth lifts bank profits Business

Credit growth lifts bank profits

High credit growth has helped many commercial banks to gain impressive profits this year despite having to provide a larger amount for provisional fund.
BIDV's assets 85 times higher than in 1995 Business

BIDV's assets 85 times higher than in 1995

The Bank for Investment and Development of Vietnam's (BIDV) total assets rose 85 times from 8.7 trillion VND (399 million USD) in 1995 to 730 trillion VND (33.4 billion USD) in 2015.