SeABank posts 2.3-fold surge in Q1 pre-tax profit Business

SeABank posts 2.3-fold surge in Q1 pre-tax profit

The Southeast Asia Commercial Joint Stock Bank (SeABank) earned pre-tax consolidated profit of 698.3 billion VND (nearly 30.4 million USD) in the first quarter of 2021, an increase of nearly 2.3-fold year-on-year.
HDBank pre-tax profit up record 51 percent in third quarter Business

HDBank pre-tax profit up record 51 percent in third quarter

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) has reported impressive results in the third quarter of this year, with pre-tax profits increasing by a record 51 percent year-on-year to over 1.23 trillion VND (53.4 million USD).
Insurers’ total assets reach over 15 billion USD Business

Insurers’ total assets reach over 15 billion USD

Total assets of Vietnamese insurance companies in the first eight months of the year surged sharply by 35.16 percent year-on-year to nearly 365.52 trillion VND (15.55 billion USD), a report from the Ministry of Finance (MoF) showed.
Vietinbank reports 318.6 million USD in pre-tax profit Business

Vietinbank reports 318.6 million USD in pre-tax profit

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has reported it earned over 7.23 trillion VND (318.6 million USD) in pre-tax profit in the first nine months of 2017, up 11.5 percent year-on-year. The figure is equal to 82.2 percent of VietinBank’s target set for the whole year.​
Sabeco reports 18 percent rise in profit Business

Sabeco reports 18 percent rise in profit

Saigon Beer, Alcohol and Beverage Corporation (Sabeco) announced its net profit in the first quarter of 2017 rose 18.8 percent year-on-year to 1.12 trillion VND (49.78 million USD).