HDBank pre-tax profit up record 51 percent in third quarter Business

HDBank pre-tax profit up record 51 percent in third quarter

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has reported impressive results in the third quarter of this year, with pre-tax profits increasing by a record 51 percent year-on-year to over 1.23 trillion VND (53.4 million USD).
Bitel launches 5G tests in Peru Business

Bitel launches 5G tests in Peru

Bitel, a brand of the Viettel Military Industry and Telecoms Group (Viettel) in Peru, has recently carried out 5G tests in the American nation on the occasion of its fifth anniversary.
Sacombank’s profit up 89.5 percent year-on-year Business

Sacombank’s profit up 89.5 percent year-on-year

The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)’s pre-tax profit hit 2.491 trillion VND (102.21 million USD) in the first nine months of this year, a year-on-year rise of 89.5 percent, the bank reported.
BIDV named strongest brand in Vietnam this year Business

BIDV named strongest brand in Vietnam this year

The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is the strongest Vietnamese brand in 2019 in terms of the Brand Strength Index (BSI), according to the Brand Finance, an independent branded business valuation and strategy consultancy firm.
Vietcombank receives three awards by Asiamoney Business

Vietcombank receives three awards by Asiamoney

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the Best Domestic Bank in Vietnam, the Best Bank for SMEs in Vietnam and the Most Outstanding Company in Vietnam – Financial Sector by Asiamoney magazine.
FPT’s profit up 28 percent in first eight months of 2019 Business

FPT’s profit up 28 percent in first eight months of 2019

Vietnam's information technology giant FPT Corporation reported revenue and pre-tax profit of over 17 trillion VND (732.5 million USD) and nearly 3 trillion VND (129.3 million USD) in the first eight months of this year, up 21 percent and 28 percent, respectively.
Techcombank to issue 3.5 million shares to employees Business

Techcombank to issue 3.5 million shares to employees

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue more than 3.5 million shares for its employees in the form of an employee stock ownership plan (ESOP) at the price of 10,000 VND per share.
Vietnam Airlines revises down revenue goals for 2019 Business

Vietnam Airlines revises down revenue goals for 2019

Vietnam Airlines Group, listed with code HVN, has revised down the projected consolidated revenue for 2019 from over 111.7 trillion VND (4.8 billion USD) as set in the shareholders’ annual general meeting in May to nearly 104.6 trillion VND (4.5 billion USD).