Binh Son Refining and Petrochemical faces revenue slump Business

Binh Son Refining and Petrochemical faces revenue slump

Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), reported total revenue of more than 31.7 trillion VND (1.36 billion USD) in the first half of this year, down 38 percent against last year.
Vietjet to seize all opportunities for sustainable development Business

Vietjet to seize all opportunities for sustainable development

Amid the global crisis sparked by COVID-19, Vietjet Aviation Joint Stock Company (HOSE: VJC) has created a foundation for recovery and will look to seize all opportunities for sustainable development from 2020 thanks to the resources of a robust management system, the airline’s modern fleet and flexible business strategies, especially its strong financial capacity.
Listed firms adjust to new production environment Videos

Listed firms adjust to new production environment

The COVID- 19 epidemic greatly affected the production and business activities of Vietnamese enterprises. Some 30% of those listed on the stock market have posted declining profits, with a range of difficulties in need of attention when adjusting to the new production environment.
Business sector contributes 60 percent to GDP Business

Business sector contributes 60 percent to GDP

The business sector contributed over 60 percent to the gross domestic product in 2019, according to the White Book on Vietnamese Businesses released by the General Statistics Office (GSO) in Hanoi on April 28.
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.
Material autonomy key for Vietnam to fully tap EVFTA Business

Material autonomy key for Vietnam to fully tap EVFTA

Textile stocks have been on a temporary upswing thanks to the recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) but textile enterprises still face difficulties due to heavy dependence on imported raw materials and machinery as well as reduced demand worldwide.
Air travel falls 20 percent on COVID-19 outbreak: authority Business

Air travel falls 20 percent on COVID-19 outbreak: authority

The outbreak of the acute respiratory disease caused by a new coronavirus (COVID-19) has resulted in a 20 percent drop in the number of the passenger flying via Vietnamese airports as compared to the same time last year, according to the Airports Corporation of Vietnam (ACV).