Real estate stocks await cash flow Business

Real estate stocks await cash flow

Domestic and foreign capital flow is expected to bolster real estate shares after the COVID-19 pandemic as many investors are paying attention to the industry.
Indonesia helps tourism sector weather COVID-19  ASEAN

Indonesia helps tourism sector weather COVID-19

Indonesia’s Minister of Tourism and Creative Economy Wishnutama Kusubandio recently vowed to disburse an aid package worth 3.3 trillion IDR (224 million USD) for tourism-related businesses and local administrations.
Hoa Phat reports highest-ever revenue, after-tax profit Business

Hoa Phat reports highest-ever revenue, after-tax profit

The industrial manufacturer Hoa Phat Group posted 24.9 trillion VND in revenue in the third quarter of this year, up 62.7 percent year on year, and after-tax profit of over 3.78 trillion VND, doubling the figure recorded in the same period last year, the highest result that the firm has made in a quarter.
Vietnam Airlines expects to fully recover in 2023  ​ Business

Vietnam Airlines expects to fully recover in 2023 ​

The picture of the domestic aviation industry remains gloomy as the COVID-19 pandemic has left a strong impact on airlines, eating quickly into their wallets. The national flag carrier Vietnam Airlines forecast that the domestic aviation market will gradually recover this year and in 2021 despite difficulties, but it will take a very long time for the international market to regain its health.
VIB's pre-tax profit surges 52 percent in Q3 Business

VIB's pre-tax profit surges 52 percent in Q3

The Vietnam International Bank (VIB) posted pre-tax profit of over 1.66 trillion VND (72 million USD) in the third quarter of 2020, up 30 percent month-on-month and 52 percent year-on-year, according to its third quarter 2020 financial report published recently.