Vietnam's leading industrial manufacturing group Hoa Phat recorded the highest ever after-tax profit in a quarter at 10.3 trillion VND (453 million USD) in the third quarter of this year, 2.7 times higher than the same period last year.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced on October 20 that it had recorded a pre-tax profit of 17.1 trillion VND (753.5 million USD) in the first nine months of 2021, up 59.6 percent year-on-year.
The active domestic market with high liquidity, mostly from local retail investors, has been supporting securities firms this year with many reporting outstanding performance.
Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed there is still room for lenders to further cut interest rates for enterprises affected by COVID-19.
Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.
The Vietnam Report and online newspaper VietNamNet have just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.
A flight from Budapest, Hungary, operated by Vietnam Airlines carrying COVID-19 vaccines and medical supplies provided by several European countries landed at Hanoi’s Noi Bai international airport on October 14.
Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao received the token of 60,000 doses of AstraZeneca COVID-19 vaccine presented by the Croatian Government at a ceremony held in Budapest, Hungary on October 12.
Vietnamese Ambassador to Russia Dang Minh Khoi made a working trip to the Nenets autonomous region of Russia on October 6-7, during which he inspected production activities of the Russia-Vietnam oil and gas joint venture (Rusvietpetro) in North Khosedaiu field.
Italy’s MoCA Cultural Association holds, for the first time in the European country, the solo exhibition of a Vietnamese artist – Henry Le (Le Huu Hieu) – entitled Soul Energy, a collateral event of the exhibition of the 14th Arte Laguna Prize.
The Binh Anh Electronic Development Co. Ltd. (BA GPS) is ready to support 120,000 transport vehicles in COVID-19 prevention and control using artificial intelligence (AI), said Pham Thai Hoa, director of the firm.
The acceleration of investment in transport infrastructure is the main driving force fueling real estate stocks as many businesses with large land plots located in areas near key infrastructure projects will benefit from this process.
National Assembly Chairman Vuong Dinh Hue will chair an online working session with a high-ranking delegation from the US-ASEAN Business Council (USABC) on September 30, at the suggestion of the council’s President and CEO Ted Osius.
New regulations in the draft Law on Insurance Business (amended) will help businesses reduce costs and take the initiative in business activities thanks to simplified administrative procedures.
The Management Board of Hai Phong Economic Zones on September 27 handed over an investment certificate on a project building terminals 5 and 6 in Hai Phong Port’s Lach Huyen port area to HATECO Group JSC.
An online discussion was held on September 26 to look into way to capitalise on values of the cultural space of Quoc Tu Giam in the Van Mieu - Quoc Tu Giam (Temple of Literature - Imperial Academy) complex in Hanoi.
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