The northern province of Bac Giang will focus on addressing shortcomings and limitations to effectively carry out anti-corruption efforts, according to the provincial People's Committee.
As of late August, the Vietnam Oil and Gas Group (Petrovietnam) fulfilled its two important yearly targets of state budget contribution and before-tax profit ahead of schedule.
Budget carrier Vietjet Air has announced its audited biannual financial statements in 2023, with air transport revenue and consolidated revenue hitting 25.1 trillion VND (1.03 billion USD) and 29.5 trillion VND (1.21 billion USD), up 69% and 85% year-on-year, respectively.
Given the tightening of crude supplies in the global market, the oil and gas drilling segment is in high demand, boosting the business prospects of upstream service providers.
Total pre-tax profit of the top 25 largest listed banks in the second quarter of 2023 reached about 61.6 trillion VND (2.6 billion USD), down 3.1% over the same period last year, according to a report of VNDirect Securities Company.
PetroVietnam Gas Corporation JSC (PV Gas) earned approximately 6 trillion VND (252.1 million USD) in after-tax profit, up 83% from the set target but down 27.7% from the same period last year.
Five banks in Vietnam recorded a pre-tax profit of more than 10 trillion VND (422 million USD) in the first six months of this year, financial statements of the banks showed.
The Department of Overseas Labour under the Ministry of Labour, Invalids and Social Affairs has urged people not to believe or pay any individuals who claim to send labourers for seasonal work to the Republic of Korea (RoK).
Pre-tax profit growth of the whole banking industry will decelerate in 2023 and there will be a significant difference in the growth between small- and large-sized banks, experts forecast.
The Commission for the Management of State Capital at Enterprises (CMSC) has asked the Vietnam Railways Corporation (VNR) to achieve revenue and after-tax profit of over 6.5 trillion VND (274.1 million USD) and 3 billion VND this year, respectively, the corporation said.
Investment and Industrial Development Corporation (Becamex) targets to earn a profit after tax of 2.26 trillion VND (95.8 million) this year, an increase of 32% compared to 2022, besides increasing charter capital to 20-30 trillion VND.
The Vietnam Oil and Gas Group (Petrovietnam) earned 334 trillion VND (14.2 billion USD) in total revenue in the first five months of 2023, 20% higher than the target for the period, statistics show.
The Ho Chi Minh Stock Exchange (HOSE)'s total revenue in 2022 reached over 2.5 trillion VND, down 23% compared to 2021, the country’s major bourse has announced.
The Vietnam National Petroleum Group (Petrolimex) aims to achieve a pre-tax profit of over 3.2 trillion VND (139.1 million USD) this year, up 42% annually.
The profits of listed companies are expected to recover in the second half of the year after performing poorly in the first quarter, buoyed by the recent supportive policies from the Government, said analysts at securities firms.
Airports in Vietnam served up to 45.5 million passengers in the first five months of this year, an increase of 37.8% compared to the same period last year, according to the Civil Aviation Authority of Vietnam (CAAV).
Falling selling prices and rising costs have caused the profits of most fertiliser businesses to plunge, after recording high profits in the previous few years.
The Republic of Korea (RoK)’s cinema chain CJ CGV posted a revenue of 59.1 billion KRW (44.8 million USD) and an operating profit of 9.3 billion KRW in Vietnam in the first quarter of this year.
Despite uncertainties in the global economy, Vingroup will continue focusing on winning over international markets this year, the company said at the 2023 Annual General Meeting of Shareholders on May 17.
Society
