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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.

The Ministry of Finance has issued a decision on the establishment of a managing board of the Fund for Vaccination Prevention of Coronavirus Disease 2019.

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.

The Ho Chi Minh Stock Exchange (HoSE) posted 553 billion VND (23.9 million USD) in 2020 after-tax profit, a record figure that grew 46 percent year on year.

Paper and packaging enterprises are optimistic about their prospects this year thanks to Vietnam's stable business situation.

Despite Vietnamese companies’ total net profit growing 81 percent year-on-year in the first quarter, many still posted big losses.

Vietnam’s leading ceramic and tile producer Viglacera has set a target of posting 750 billion VND in pre-tax profit at its parent company this year and 1 trillion VND (43.27 million USD) in consolidated pre-tax profit, increases of 2 percent and 19 percent, respectively, against 2020.

VPBank recorded pre-tax profit of more than 4 trillion VND (173.2 million USD) in the first quarter of the year, an increase of 38 percent over the same period last year.

Techcombank has reported before-tax profit of 5.5 trillion VND (238.1 million USD) in the first quarter of the year, increasing 76.8 percent from the same period last year.

Credit ratings agency Fitch Ratings has for the first time assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook.

Vietnam Construction and Import-Export JSC (Vinaconex) posted higher profit after tax in the first quarter of 2021 despite losses in revenue.

Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its audited annual financial statements for the year 2020.

Vietnam's largest brewer Sai Gon Beer-Alcohol-Beverage JSC (Sabeco) earned 986 billion VND (42.6 million USD) in post-tax profit in the first quarter of this year, an increase of 37.5 percent compared to the same period in 2020.

Even though economic growth is expected to strongly recover this year as the pandemic has been contained, companies in many sectors have still lowered their profit targets.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) targets pre-tax profit of 7.28 trillion VND (316.65 million USD), an increase of 25 percent from 2020.

The world is entering into the digital era and this represents a “golden opportunity” for technology companies to grow further, according to FPT General Director Nguyen Van Khoa.

The surge in prices of steel since the beginning of 2021 helped many steel producers record good performance in the first quarter.

Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has set a goal of posting 16.8 trillion VND (728.1 million USD) in pre-tax profit this year, the bank’s annual general meeting on April 16 heard.

The FLC Group Joint Stock Company hopes to record more than 15.25 trillion VND (661.44 million USD) in consolidated revenue this year, the shareholders’ meeting held in Hanoi on April 12 heard.

PetroVietnam Power Corporation (PV Power) reported a post-tax profit of 720 billion VND (over 31.2 million USD) the first quarter of 2021, surpassing the quarterly plan by 6 percent.