TIẾNG VIỆT 
Vietnam Airlines to sell 9 planes to improve cash flow
National flagged carrier Vietnam Airlines plans to seek shareholders’ approval to sell nine aircrafts produced between 2007 and 2008 to increase cash flow when pandemic hit the aviation sector.
Companies
Logistics firm ITL gets $70mln funding from IFC
IFC, a member of the World Bank Group, has made its first investment in Vietnam’s logistics sector by financing $70 million to Indo Trans Logistics Corporation of Vietnam, statement said.
Japan’s AEON apologizes after rats found on food counter at Saigon mall
The Vietnam business of Japanese retail giant AEON has apologized after a photo of rats sneaking onto its food stall at a Ho Chi Minh City mall went viral on social media.
Vietnam Airlines to borrow Government VND4 trillion to overcome crisis
Vietnam Airlines is completing documents to seek Government’s approval for borrowing VND4 trillion ($172 million) to overcome the difficulties caused by coronavirus pandemic, Chairman Pham Ngoc Minh told Monday shareholders’ meeting.
- 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
Most view
PetroVietnam reports 7-month profit at VND10 trillion despite pandemic
Vietnam Oil & Gas Group, known as PetroVietnam reported VND10 trillion ($431.5 million) after-tax profit in the first seven months of this year despite severe impacts from coronavirus pandemic.
Coteccons to pay 2019 cash dividend at rate of 30%
Board of Directors of Coteccons Construction, one of Vietnam’s largest publicly traded builders, has approved plan to pay 2019 cash dividend of VND3,000 on each holding share.
State-owned telecom firm VNPT to sell stakes in three companies
Vietnam Posts and Telecommunications Group (VNPT) will auction a total of 514,000 shares it currently holds in three companies.
Novaland's H1 after-tax profit jumps 48% to $50.7mln on success M&A ...
Real estate developer Novaland Investment Group Corporation has reported consolidated revenues of nearly VND4.4 trillion ($189 million) for the first half of the year.
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Vietjet to sell nearly 18 million treasury shares to strategic ...
Budget carrier Vietjet’s Board of Directors has approved the plan to sell 17.77 million treasury shares, or 3.28% of the capital, to strategic investors, according to exchange filing.
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Parkson Retail Asia to sell another Vietnam asset for $10mln
Malaysia-based mall operator Parkson Retail Asia sells its retail podium at Parkson TD Plaza Shopping Center in Northern city of Hai Phong for $10 million, according to Singapore Stock Exchange’s filing.
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Top banks by profits switch places on pandemic fallout
There has been a major reshuffle in profit rankings at the top of the banking industry due to the effects of the pandemic and provisioning for bad debts.
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Samsung to move PC production to Vietnam as costs soar
Samsung Electronics plans to end personal computer production in China and looks to shift production to Vietnam to cut costs and remain competitive in the PC business, reported Nikkei Asian Review.
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VP Bank, OCB get $140mln loans from IFC for Covid-19 response
Two Vietnamese banks - Vietnam Prosperity Bank and Oriental Bank get a total $140 million loans from IFC to support small and medium enterprises which have been hit by the COVID-19 pandemic.
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Petrol retailer Petrolimex loses nearly $53mln in H1
Vietnam’s largest petroleum retailer reported profit in the second quarter after a quarter with record loss, the company said in a consolidated earning report.
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Vietjet’s Q2 after-tax profit rises 71% to $45.9mln despite pandemic
Budget carrier Vietjet saw VND1,063 billion post-tax profit in second quarter, up 71% year-on-year despite pandemic hit the aviation sector badly, according to the company’s consolidated earning report.
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Airports operator ACV posts first quarterly loss in four years
The Airports Corporation of Vietnam has reported a net loss of VND356 billion ($15.46 million) in Q2, the first quarterly loss since 2016.
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Viettel Global posts $34 mln profit
Viettel Global, a foreign investment unit of telecoms giant Viettel, saw H1 post-tax profit rise 4.3 percent year-on-year to VND779 billion ($34 million).
