Covid-19 impact: More than 1,500 HCMC businesses dissolved
The first quarter saw a 54.5 percent year-on-year surge in the number of HCMC enterprises completing dissolution procedures.
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Vietcombank’s first-quarter after-tax profit fell by 11 percent year-on-year to VND4.18 trillion ($ 176.7 million), according to the lender’s consolidated earning report.
Hau Giang Pharmaceutical has reported a 12% increase in revenue and a 31% increase in profit in the first quarter due to an increase in sales amid coronavirus fears.
Binh Son Refinery and Petrochemical JSC, operator of Dung Quat Refinery, reported a loss of VND2,348 billion ($99.7 million) in first quarter on virus and oil price war, company said.
The first quarter saw a 54.5 percent year-on-year surge in the number of HCMC enterprises completing dissolution procedures.
Vietjet Aviation VJC.HM has reached agreements with its lenders to delay repayments on loans it used to buy aircraft, the Vietnamese budget airline said on Thursday.
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