PetroVietnam posts three-fold rise in pre-tax profits Business

PetroVietnam posts three-fold rise in pre-tax profits

The Vietnam Oil and Gas Group (PetroVietnam) reported that its pre-tax profit in the first eight months of the year surpassed the set plan by 177 percent and tripled the figure for the same period last year, reaching 30.2 trillion VND (1.32 billion USD).
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.
PetroVietnam’s five-month pre-tax profit triples  Business

PetroVietnam’s five-month pre-tax profit triples

The Vietnam Oil and Gas Group (PetroVietnam) posted 144.9 trillion VND (6.31 billion USD) in pre-tax profit during January-May, 2.3 times higher than the targeted number set for the period and tripling that of 2020.
HDBank to raise charter capital Business

HDBank to raise charter capital

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has announced plans to increase its charter capital to more than 20.273 trillion VND (879.48 million USD) by paying dividends for 2020 in shares and an employee stock option plan.
VietinBank to receive over 300 million USD in State capital Business

VietinBank to receive over 300 million USD in State capital

The Government has approved a plan to invest an additional 6.977 trillion VND (303.2 million USD) in State capital in the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) so as to maintain the State’s ownership percentage at this bank.
Good governance helps PetroVietnam achieve impressive growth Business

Good governance helps PetroVietnam achieve impressive growth

The Vietnam Oil and Gas Group (PetroVietnam) enjoyed impressive production and business results in the first four months of 2021, thanks to its efforts to address bottlenecks to stimulate production and improve governance, besides an increase in oil prices.