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Coteccons accuses its largest shareholder Kusto of acquisition attempt

Vietnam’s largest public construction firm accuses its Singapore-based shareholder Kustocem Pte. of attempting to complete the acquisition of the company by initiating the process to organize an Extraordinary General Shareholders’ Meeting.

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In just 5 months, Dabaco beats 2020 whole-year profit target by 30%

Hanoi-based Dabaco Group has reported its highest ever five-month after-tax profit at nearly VND600 billion ($25.7 million), 30% higher than the yearly target, the company reported.

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Agribank’s 2019 profit reported at about $600mln, up 92% from 2018

The lender ranked second in 2019 profit among Vietnam’s banking system with VND14 trillion ($600 million), just behind Vietcombank, according to the bank’s financial report.

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FLC Group projects 2020 loss at $84mln on COVID-19 pandemic

FLC Group expects an after-tax loss at VND1,957 billion ($84 million) in 2020 since the company has been severely hit by coronavirus pandemic, according to documents prepared for annual shareholders’ meeting.

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Coteccons Under Push for Extraordinary General Shareholders’ Meeting

Largest shareholder of Coteccons, one of Vietnam’s largest listed construction firm, has initiated the process to organise an extraordinary general shareholders’ meetings which stakeholders vote on changing the current Board of Directors.

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Vietnam’s automaker THACO ships 36 semi-trailers to US

Vietnamese auto firm THACO shipped 36 semi-trailers manufactured in its plant in Chu Lai Open Economic Zone to the US, one of the world's most demanding markets for quality, the company said.

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