Vietnamplus

As many as 706 enterprises, 85 percent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.

The Vietnam Dairy Products Joint Stock Company, one of the country's leading dairy producer, has reported its nine-month net profit hit 80 percent of the year's target.

Profit growth of Vietnamese banks in 2019 is forecast to be lower than last year, but experts say this should not be cause for concern.

The State Capital Management Corporation (SCIC) has reported over 3.05 trillion VND (131.15 million USD) in revenue in the first half of this year, a rise of 762 billion VND over the same period last year.

The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) will pay every shareholder 1,500 VND (0.06 USD) per share, or a 15 percent cash dividend rate, to complete its 2018 dividend plan.

The Refrigeration Electrical Engineering Corporation (REE) has accepted Platinum Victory Pte Ltd’s bid to buy 31.3 million REE shares.

Second-quarter earnings of steelmaking companies showed signs of deterioration as prices of iron ore continued to increase, leading to higher production costs and lower profit.

Japanese electronics giant Sharp on August 1 announced its plan to build a new plant in Vietnam in order to avoid new tariffs being imposed in the escalating trade dispute between the US and China.

VPBank posted pre-tax profit of more than 2.56 trillion VND (110.3 million USD) in the second quarter of the year, a 44 percent year-on-year increase.

Banks of the Republic of Korea (RoK) are accelerating efforts to capture business opportunity in Vietnam – a fast-growing market.

Viet Capital Securities Joint Stock Company (VCSC) has announced the results of its bond issuance.

Five Vietnamese companies are among the 300 largest and fastest-growing businesses in Asia, according to Nikkei Asia Review's exclusive ranking.

The list of Vietnam’s 50 best-performing companies (Top 50) was announced by the Nhip Cau Dau Tu (Investment Bridge) magazine and Thien Viet Joint Stock Company in Ho Chi Minh City on June 27.

PV Power, an subordinate company of the Vietnam Oil and Gas Group (PetroVietnam), reported positive business results in the first five months of this year despite difficulties the company faced in generating power.

Hydropower plants have seen poor business performance in the first quarter of 2019, which could give coal-powered and gas-powered thermo-electric plants more opportunities to produce electricity.

Singapore Airlines posted its highest annual revenue in 2018 fiscal year, though higher fuel costs nearly halved its profit.

The stock market’s growth in the first quarter of 2019 was fairly positive with 15 out of the 18 sectors gaining higher scores and a strong flow of money poured into the market through exchange traded funds.

Summer is the peak season for tourist companies and high sales and dividend rates are expected to drive tourism shares up in the coming months.

More and more banks have started offering free services to attract customers in a very competitive market.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) plans to collect 5.07 trillion VND (217 million USD) in pre-tax profits this year, an increase of 27 percent compared to 2018.