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.
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.