TIẾNG VIỆT 
Vingroup’s Q3 post-tax profit doubles to $61.8 million
Vietnamese conglomerate Vingroup reported third quarter after-tax profit at VND1,436 billion ($61.8 million), up 102 percent year-on-year, according to consolidated earning report.
Companies
Vinamilk plans to import 1,200 milch cows from US in 2021
Vinamilk imported 500 dairy cows from the US, and plans to buy additional 1,100-1,200 cows in 2021 for its farm in Quang Ngai to boost the domestic supply of raw milk.
Vietjet’s Q3 net loss at nearly $42 million on travel restrictions
Budget carrier Vietjet has recorded a net loss of more than VND971 billion ($42 million) in the third quarter of this year due to flight restrictions imposed to prevent pandemic.
Masan’s nine-month net revenue more than doubles to $2.4bln
Vietnamese conglomerate reported 9-month net revenue at VND55,618 billion ($2.4 billion), up nearly 111 percent from a year earlier.
- PVI Holdings seeks strategic shareholders for Hanoi Re to forge long-term growth 1
- FPT reports 11-month after-tax profit of VND6,027 billion, up 19% YoY 2
- Bain Capital to invest additional $50 million in Masan Group 3
- Vietnam retail giant Masan says investor tolerance for losses is fading 4
- Masan solves the tough problem of Vietnam's retail sector by using technology 5
- Vietnam Airlines shortens its road to recover 6
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Coteccons Q3 profit hits five-year low
Construction giant Coteccons saw post-tax profits plunge by half year-on-year to VND88 billion ($3.79 million) in the third quarter, the lowest quarterly figure since 2015.
Sabeco's Q3 after-tax profit slightly increase to over $63 million
Vietnam’s largest brewer Sabeco reported VND1,470 million post-tax profit in third quarter, up 1 percent from a year ago, on post-pandemic market recovery and better cost management.
IFC plans $20 million loans in Vietnam’s plastic manufacturer An Phat Holdings
International Finance Corporation has announced a $20 million debt investment in An Phat Holdings to fund its first compostable material manufacturing plant in Vietnam’s Hai Duong province.
Vinhomes’ Q3 revenues more than double to $1.14 billion
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.
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Vietnam’s meat producer’s 9-month profit surges 2,300% on pork ...
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.
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Techcombank’s bad debt falls sharply to 0.6% despite pandemic
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.
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Mitsubishi spends $90mln for 10% stake in Masan’s high-tech material ...
Mitsubishi Materials Corporation has decided to inject $10 million into Masan High-Tech Materials Corporation, a unit of Vietnamese conglomerate Masan Group.
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Ho Chi Minh Securities Corp. sees Q3 post-tax profit at $6.1mln, up ...
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.
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Qantas gifts Vietnam Airlines entire 30% stake in Pacific Airlines
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.
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Hoa Phat’s Q3 after-tax profit doubles to $163mln
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.
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Vietnam Airlines reports $463mln losses in 9 months
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.
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VinSmart produces smartphones for US mobile service provider
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.
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Coteccons founder Nguyen Ba Duong no longer a major shareholder
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.
