Profits not yet forthcoming for commercial lenders

Profits not yet forthcoming for commercial lenders

Impacted by a number of factors, banking activities slowed down in the fourth quarter of 2022, causing speculation over local banks’ profits.
Zara owner's profits rise despite inflation

Zara owner's profits rise despite inflation

Zara owner Inditex reported Wednesday a jump in profits in the third quarter of its fiscal year despite soaring inflation and the war in Ukraine impacting business costs.
Pfizer lifts 2022 forecast for Covid-19 vaccine sales as profits rise

Pfizer lifts 2022 forecast for Covid-19 vaccine sales as profits rise

Pfizer reported higher quarterly profits Tuesday as it lifted its full-year forecast for coronavirus vaccine sales and predicted Covid-19 would yield billions more in revenues for the forseeable future.
SABECO accomplished 96.6  per cent of its profit goal in nine months

SABECO accomplished 96.6 per cent of its profit goal in nine months

SABECO's net sale and profit after tax reaped sweet fruits in the third quarter of the year.
Preparing MNCs for a global tax rate

Preparing MNCs for a global tax rate

The introduction of a global minimum corporate tax on the foreign profits of multinational corporations will affect Vietnam’s own tax plans. Annett Perschmann-Taubert, tax partner at PwC Vietnam, discussed with VIR’s Luu Huong the current tax landscape and how policies should be reformed in order to maintain momentum.
Banks record higher profits, some exceeding annual plan

Banks record higher profits, some exceeding annual plan

Multiple banks recorded prosperous business results in the first nine months of 2021 despite the negative impacts caused by the COVID-19 pandemic, with some even exceeding business targets for the whole year.
Livestock groups satisfied despite drop in recent profits

Livestock groups satisfied despite drop in recent profits

While supply chain disruptions exacerbated by rising input material prices have brought down revenue and profit from standout heights in 2020, many of the biggest livestock companies in Vietnam are looking at first-half year results with a sense of satisfaction.
Meagre profits for some lead to longer-term hopes

Meagre profits for some lead to longer-term hopes

Vietnam witnessed a growth of import-export activities in the first four months of 2021, hitting a 10-year record high despite the pandemic, but profits have been eaten away by high logistics and raw material costs.
Massive profits slated for finance and banking sector in 2018

Massive profits slated for finance and banking sector in 2018

Throughout the AGM season, commercial banks unveiled remarkable business targets for the year ahead, promising huge revenue, profit, and charter capital raises.
Gas and oil firms fall on hard times in real estate sector

Gas and oil firms fall on hard times in real estate sector

Medium- and small-scale domestic gas and oil firms are suffering heavy losses from real estate investments.
Listed domestic real estate firms swimming in huge profits in 2017

Listed domestic real estate firms swimming in huge profits in 2017

Domestic real estate firms listed on the Vietnamese bourse reported inundating profits totalling at $6.8 billion, up 39 per cent against 2016.
To catch the tax cheats

To catch the tax cheats

Transfer pricing by multinational companies as a means to dodge taxes has become a hot but also tricky topic.
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.
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