TIẾNG VIỆT 
Vinhomes' Jan.-June pre-tax profit jumps 13 percent
Real estate arm of Vietnam’s largest private conglomerate Vingroup reported a pre-tax profit of VND15 trillion ($647 million) during the first half of this year, up 13 percent, the company said.
Companies
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).
Vietnam Airlines reports Q2 after-tax loss at nearly $174mln on Covid-19 pandemic
Pandemic has taken a heavy tolls on Vietnam national flagged carrier Vietnam Airlines, which suffered VND4,030 billion ($173.8 million) loss in second quarter, according to the company’s consolidated earning report.
Mobile World reports H1 post-tax profit at $87.3mln, down 4%
Mobile World Investment Corporation reported VND2,027 billion ($87.3 million) after-tax profit in the first half of 2020, down 4% from a year earlier, the company said in a statement.
- 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
Masan reports profit after a quarter suffering $9.2mln losses
Masan Group reported net profit after tax post-minority interest at VND195 billion ($8.4 million) in the second quarter, according to its consolidated earning statement released on Thursday.
Vingroup’s H1 after-tax profit drops 60% to $58.4mln
Vietnam’s largest private conglomerate reported VND1,354 billion ($58.4 million) after-tax profit in the first 6 months, down 60% from a year earlier, according to the company’s consolidated earning report.
Vincom Retail’s Q2 net income drops 46% to $14.8mln on pandemic
Vincom Retail, a retail arm of Vietnam’s largest private conglomerate Vingroup, reported VND343 billion ($14.8 million) net income in second quarter, down 46% from a year earlier.
Banks flirt high-net-worth Vietnamese with premium private services
The net worth of Vietnamese wealthy people has somehow reduced due to the impacts of the COVID-19 pandemic. However, the number of high-net-worth people in the 100-million-people economy has not fallen.
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Why banks achieved strong profit growth despite Covid-19?
Banks have reported excellent figures in the second quarter by delaying provisioning for doubtful debts, which will eventually cut into their profits in future.
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T&T Group seeks approval to build $3.5bln LNG-fired power plant
Vietnamese firm T&T Group is seeking green light from the government of Ha Tinh province to build a $3.5 billion power plant that uses liquefied natural gas, VietnamFinance reported.
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Phu Nhuan Jewelry’s 2Q after-tax profit falls to 5-year-low
Phu Nhuan Jewelry (HoSE: PNJ), the largest jewelry retailer in Vietnam, reported second quarter after-tax profit at VND31.7 billion ($1.36 million), the lowest since 2015, according to the company’s consolidated earning report.
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VP Bank to get $100mln loan from China-backed AIIB for COVID-19 ...
The Beijing-backed Asian Infrastructure Investment Bank plans to lend $100 million to the Vietnam Prosperity Joint Stock Commercial Bank, AIIB said on Friday.
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Masan’s detergent subsidiary’s 1H profit doubles to $3.2mln on ...
Net Detergent Company, a subsidiary of Masan HPC, reported second half after-tax profit at VND74.1 billion ($3.2 million), up over 112 percent from a year earlier, according to consolidated earning report.
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Vingroup seeks approval to issue international bonds
Vietnam’s largest private conglomerate Vingroup is seeking shareholders’ approval to issue international bonds, it said in a statement.
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Vietnam Airlines seeks $518mln support from government
National flag carrier Vietnam Airlines could face a liquidity shortage from next month due to severe impacts from the coronavirus pandemic, government officials said on Tuesday meeting.
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HSC among best-performing companies on Vietnam stock exchange
Ho Chi Minh City Securities Company (HoSE: HCM) was honored among the best performing-companies on the Vietnam’s stock exchange in 2019.
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THACO exports another 80 Kia Grand Carnival cars to Thailand
Vietnamese conglomerate THACO, Vietnam’s leading automaker, has exported 80 Kia Grand Carnival cars to Thailand.
