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Hoa Phat’s steel output exceeds 5 million tonnes for the first time

Hoa Phat Corporation’s December construction steel reached an output 329,000 tonnes, up 12 per cent over the same period, it said in a statement.

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BIDV reports 2020 pre-tax profit at nearly $390 mln, beating assigned target

Joint Stock Commercial Bank for Investment and Development of Vietnam reported VND9,017 billion ($389.6 million) pre-tax profit in 2020 despite pandemic, the lender said in a statement posted on its website.

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Vietnam Airlines to issue $346 mln in shares to support recovery

Vietnam Airlines said it would issue nearly $346 million worth of shares for existing stakeholders to boost its recovery from the impacts of the coronavirus pandemic and return to profitability by 2023.

  • Aviva to sell Vietnam unit to ManuLife

    British insurer Aviva is to sell its Vietnamese business to Canadian insurer ManuLife it said on Monday, as it pushes ahead with plans to pull out from its non-core markets.