HDBank remains on high growth path in Q3 Business

HDBank remains on high growth path in Q3

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of 3.61 trillion VND (155.5 million USD) for the first nine months of 2020, a year-on-year increase of 31.9 percent and equivalent to 107 percent of the target.
Banks see higher employee efficiency Business

Banks see higher employee efficiency

Many banks have seen their employee efficiency increase significantly, with each member of staff earning them more than 1 billion VND (43,000 USD) in pre-tax profit on average last year.
Petrolimex, JCCP ink second-phase cooperation deal Business

Petrolimex, JCCP ink second-phase cooperation deal

The Vietnam National Petroleum Group (Petrolimex) and the Japan Cooperation Centre Petroleum (JCCP) has signed an agreement for the second phase of a technical cooperation project on operating the petroleum depot at Petrolimex’s headquarters.
Business

PetroVietnam announces divestment moves

PetroVietnam is seeking a merger between its financial arm PetroVietnam Finance Corp (PVFC) and a bank in a bid to facilitate its divestment of capital from the financial company to realise the restructuring scheme.