Banks continue to be in a pickle

Banks continue to be in a pickle

Continuing economic difficulties are hitting banks’ dividend payments.
Profits give banks the flip flops

Profits give banks the flip flops

Banks are anxious about darkening 2012 profit targets.
Strangled credit growth to choke banks

Strangled credit growth to choke banks

Contained credit growth could dampen bank profit targets in 2012.
Ministries differ on state of fuel distributors

Ministries differ on state of fuel distributors

The Ministers of Finance and Industry and Trade brought intrigue to the Q&A session at the ongoing National Assembly meeting yesterday, given their different information on the financial state of the fuel trading sector.
Profits hit by economic wave

Profits hit by economic wave

Firms are struggling to record positive profits amid a hostile business climate.
CIT Law means steep learning curve for firms

CIT Law means steep learning curve for firms

After an exhaustive period of corporate income tax finalisation due to many changes in tax laws, Official Letter 7250/BTC-TCT, issued on June 7, 2010, has seen more enterprises make adjustments to their tax returns, writes Nguyen Thi Hong Nhung, a manager of Ernst & Young Vietnam.
Sweet profits yet to spur SOEs

Sweet profits yet to spur SOEs

Most equitised enterprises have attained higher turnovers and profits than during the pre-equitisation period. Yet, the number of firms that have been equitised this year has lagged far behind target, reaching just a quarter of the government’s plan.
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