HDBank’s profits up 44.2 percent in H1 Business

HDBank’s profits up 44.2 percent in H1

The Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB) has reported pre-tax profit of 4.19 trillion VND (183.9 million USD) for the first half of the year, a year-on-year increase of 44.2 percent and equivalent to 58 percent of the full-year target.
Sabeco sees profit up 37.5 percent in Q1 Business

Sabeco sees profit up 37.5 percent in Q1

Vietnam's largest brewer Sai Gon Beer-Alcohol-Beverage JSC (Sabeco) earned 986 billion VND (42.6 million USD) in post-tax profit in the first quarter of this year, an increase of 37.5 percent compared to the same period in 2020.
Vietjet reports profit in 2020 despite COVID-19 impact Business

Vietjet reports profit in 2020 despite COVID-19 impact

Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its financial statements reporting 4,430 billion VND (approx. 192 million USD) of consolidated revenue in the fourth quarter of 2020 and a total of 18,210 billion VND (approx. 790 million USD) of consolidated revenue in 2020.
FDI enterprises increase but more losses reported Business

FDI enterprises increase but more losses reported

The number of foreign direct investment (FDI) enterprises continues to increase in Vietnam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms' contributions were not yet commensurate with the preferential policies given to them.
Enhance the role of state audit in attracting FDI Business

Enhance the role of state audit in attracting FDI

After 33 years of attracting foreign direct investment (FDI) into Vietnam, besides the positive aspects, FDI still has negative issues. It is still common for FDI enterprises to declare and report losses for many reasons, but especially the behavior of “transfer pricing” must be mentioned.
Vietnam attends IAEA Board of Governors teleconference Sci-Tech

Vietnam attends IAEA Board of Governors teleconference

Ambassador Le Dung, Vietnam’s permanent representative to the International Atomic Energy Agency (IAEA), reaffirmed Vietnam’s commitment to maintaining close cooperation with the agency to promote the application of nuclear technology for peaceful purposes and to serve sustainable development, especially in resolving global issues such as disease, climate change, and environmental pollution.