profits

Forecasts upbeat for banks’ 2024 profits

April 30, 2024 | 18:00

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.

Asset quality notable in banks' 2023 business results

February 05, 2024 | 14:02

Tran Thi Khanh Hien, director of MBS' research division, talked to VIR's Hong Dung about 2023 business results.

Banks increasing provision costs

November 09, 2023 | 19:23

Due to lower lending interest rates, slow credit growth and rising bad debts, commercial banks have increased their provision expenses.

Profits plunging for cement businesses

June 07, 2023 | 10:43

The cement industry’s financial performance continues to slide, with Q2 losses piling up due to sluggish consumption and rising input costs.

Profits not yet forthcoming for commercial lenders

December 30, 2022 | 12:27

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

December 15, 2022 | 16:00

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

November 02, 2022 | 09:51

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

October 22, 2022 | 09:47

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

July 27, 2022 | 10:36

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

October 28, 2021 | 08:00

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

August 18, 2021 | 13:04

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.