Hoa Phat has reported VND3.78 trillion ($163 million) after-tax profit in Q3 of this year, double from a year ago, according to a statement posted on its website.
Real estate developer Vinhomes reported third quarter revenues rose 2.4 times year-on-year to VND26.5 trillion ($1.14 billion) thanks to sales of thousands of units in three housing projects.
Hanoi-based meat producer Dabaco reported nine-month consolidated after-tax profit at VND1,137 billion ($49 million), up 2,300 percent from a year earlier.
Vietnamese biggest private lender Techcombank said its bad debt fell sharply by 55 percent to 0.6 percent from 1.33 percent, bank said in a recent earning statement.
- Vinhomes’ Q3 revenues more than double to $1.14 billion 1
- Vietnam’s meat producer’s 9-month profit surges 2,300% on pork shortage 2
- Techcombank’s bad debt falls sharply to 0.6% despite pandemic 3
- Mitsubishi spends $90mln for 10% stake in Masan’s high-tech material unit 4
- Ho Chi Minh Securities Corp. sees Q3 post-tax profit at $6.1mln, up 26% 5
- Vietnam Airlines reports $463mln losses in 9 months 6
Mitsubishi Materials Corporation has decided to inject $10 million into Masan High-Tech Materials Corporation, a unit of Vietnamese conglomerate Masan Group.
Ho Chi Minh Securities Corporation, one of the top securities firms in Vietnam, reported third quarter after-tax profit at VND142 billion ($6.1 million), up 26 percent from a year earlier.
Qantas Airways is completing procedures for giving all of its 30 percent stake in the budget carrier Pacific Airlines as a gift to Vietnam Airlines, according to a statement on Tuesday.
Vietnam’s national flagged carrier Vietnam Airlines said it suffered VND10,750 billion ($463 million) losses in the first nine months of this year since the Covid-19 pandemic hit aviation sector.
VinSmart, a subsidiary of Vietnam’s largest listed company Vingroup, has received a contract manufacturing order for two million smartphones from a major U.S. carrier.
Founder and former chairman of Vietnam’s largest construction firm Coteccons has been no longer a major shareholder of the company after withdrawing from the board of directors, according to exchange filing.
PetroVietnam Gas Corporation JSC has decided it would sell its stake in the Southern Gas Trading JSC, known as PV Gas South.
Hoa Phat posted sales of 522,000 tonnes in September, reaching output of 352,000 tonnes of finished steel and 170,000 tonnes of steel billet in a month for the first time.
Vietnam’s first smart car wash chain Vietwash has received an investment of $1.7 million from South Korea’s energy firm GS Caltex, according to a statement from the firm.
WinWay Travel Corporation and RMIT University Vietnam have signed a Memorandum of Understanding to reinforce a close partnership and collaboration in education and training.
Masan MEATLife, a unit of Vietnamese conglomerate Masan Group has inaugurted a VND1,800-billion meat processing complex in Long An province.
Vietnam’s largest dairy producer Vinamilk (HoSE: VNM) has reported third quarter after-tax profit at VND3.1 trillion ($134.2 million), company said in a statement.