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.
Real estate stocks await cash flow Business

Real estate stocks await cash flow

Domestic and foreign capital flow is expected to bolster real estate shares after the COVID-19 pandemic as many investors are paying attention to the industry.
Industrial park stocks attractive post-pandemic Business

Industrial park stocks attractive post-pandemic

Despite short-term difficulties, the prospects for industrial park stocks will increase after the COVID-19 pandemic is over, driven by the relocation of global firms to diversify supply chains, with many picking Vietnam as their destination.
PV GAS ranked among Vietnam’s 50 best performing listed companies Business

PV GAS ranked among Vietnam’s 50 best performing listed companies

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has been named among the top 50 best performing listed companies in Vietnam in 2019 (Top 50) by the “Nhip Cau Dau Tu” (Investment Bridge) magazine and the Thien Viet Securities JSC.
Indonesia: Banking industry posts strong Q1 World

Indonesia: Banking industry posts strong Q1

Bank Central Asia (BCA), Indonesia’s largest lender by market capitalisation, reported 6.58 trillion rupiah (444 million USD) in net income in the first quarter of this year, up 8.5 percent against the first quarter of 2019, when it reported net income of 6.06 trillion rupiah.
Industrial park developers immune to COVID-19 Business

Industrial park developers immune to COVID-19

Industrial park infrastructure development companies continue to do well amid the COVID-19 pandemic, and the industrial property sector is expected to thrive since Vietnam is considered among the most attractive investment destinations post-pandemic.
Masan revenues surge in Q1 Business

Masan revenues surge in Q1

Masan Group Corporation (HOSE: MSN) has reported consolidated net revenues of 17.632 trillion VND (753.08 million USD) in the first quarter of financial year 2020, a year-on-year increase of 116.1 percent.
Banks looked gloomy amidst COVID-19 Business

Banks looked gloomy amidst COVID-19

Financial reports released by some banks in the first quarter have reflected the adverse impacts of the COVID-19 pandemic on their business activities, with declining profits and rocketing bad debts.
MSB completes all three pillars of Basel II Business

MSB completes all three pillars of Basel II

The Vietnam Maritime Commercial Joint Stock Bank (MSB) said it has completed the second pillar of Basel II standards that is supervisory review nearly one year ahead of the schedule set by the State Bank of Vietnam.
RoK’s KB Kookmin to acquire Cambodian bank  World

RoK’s KB Kookmin to acquire Cambodian bank

KB Kookmin bank, the biggest retail lender of the Republic of Korea, announced on December 26 that it has decided to acquire Cambodia's largest microfinance company in its latest move to bolster its presence in Southeast Asia.