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MB Bank targets $1 bln profit in 2023

State-controlled Military Bank (MB Bank) is expecting a pre-tax profit of VND26.1 trillion ($1.11 billion), up 15% year-on-year.

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Urban infrastructure developer Phu My Hung reports $154 mln profit in 2022

Taiwanese-backed Phu My Hung Development Corporation, a leading urban infrastructure developer in Vietnam, reported after-tax profit of VND3.62 trillion ($154 million) in 2022, up 40% year-on-year.

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Dragon Capital becomes major shareholder in top steelmaker Hoa Sen

Leading fund management company Dragon Capital has bought a further 1.1 million shares in Vietnam's leading steel sheet producer Hoa Sen, raising its ownership ratio from 4.86% to 5.05%.