SSI revenue slumps in Q2 but still up in first half Business

SSI revenue slumps in Q2 but still up in first half

The SSI Securities Corporation reported an after-tax profit of 416 billion VND (17.7 million USD) on revenue of 1.58 trillion VND (67.3 million USD) in the second quarter of the year, a year-on-year decrease of 26% and 8%, respectively.
Retail companies expect lower profit growth Business

Retail companies expect lower profit growth

Rising inflation will have a negative impact on consumer spending, and the earnings growth of retail businesses may not be as high as previously expected, SSI Securities Inc has forecast.
Banks upbeat about Q3 2022 business results Business

Banks upbeat about Q3 2022 business results

A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of credit institutions showed.
Banks gain impressive business results in Q1 Business

Banks gain impressive business results in Q1

Many banks have reported large profits of up to trillions of Vietnamese dong in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs.
New supply boosts residential real estate profits Business

New supply boosts residential real estate profits

Residential real estate is one of the segments considered by Vietnam Report Joint Stock Company (Vietnam Report) as having strong growth potential in the property market. Accordingly, the new supply and the expectation of a high floor price will increase profit margins for real estate businesses.
Case at consular department shows signal of taking advantage of policy to seek illegal profit: Officer Society

Case at consular department shows signal of taking advantage of policy to seek illegal profit: Officer

The investigation police agency confirmed that there were acts of taking advantage of policies to seek illegal profit in the case of taking bribery at the Consular Department under the Ministry of Foreign Affairs, Lieut. Gen. To An Xo, Chief of the Office and Spokesperson of the Ministry of Public Security told the Government's regular press conference on April 4.
PVEP exceeds numerous set targets in Q1 Business

PVEP exceeds numerous set targets in Q1

The PetroVietnam Exploration Production Corporation (PVEP) has fulfilled its yearly profit target for 2022 by the end of the first quarter of the year, earning an estimated 5,892 billion VND (nearly 258 million USD) in pre-tax profit, up 117 percent year-on-year and surpassing the yearly plan by 2 percent.