Vietnam Airlines Corporation reported after-tax profit of VND4.44 trillion (US$173.19 million) in Quarter 1 as it is strengthening its international flights and restructuring.

Eighteen cooperatives with 70 households engaging in cow breeding and 14 households specialising in beekeeping in the Mekong Delta province of Tra Vinh have benefited from a livelihood support project financed by Samaritan’s Purse International Relief (SPIR) – a US non-profit organisation (NGO).

With profits exceeding VND20 trillion (US$833 billion) in 2023, many banks are eyeing to join the billion-dollar profit club this year.

Vietnam Airlines group for the fourth quarter of 2023 achieved improved indicators and recorded a profit from transportation activities, according to its financial report released on January 31.

About half of Japanese companies operating in Vietnam expected improvements in profits in 2024, a survey conducted by the Japan External Trade Organisation (JETRO) found.

Vietnam Report JSC and online newspaper Vietnamnet on Ocotber 26 organised a ceremony to announce a list of the 500 most profitable companies (PROFIT500) and top 10 prestigious firms in food-beverage-retail-packaging in 2023.

VOV.VN - Vietnam will internalize additional tax and incentive policies to support the enforcement of the global minimum tax in early 2024, in order to prevent tax evasion and encourage foreign businesses to operate in the long term in the country, said Finance Minister Ho Duc Phoc.

Vietnam Report and the online newspaper Vietnamnet have announced a list of the 500 most profitable companies (PROFIT500) in Vietnam in 2023.

The strong recovery of tourism has helped businesses in the industry prosper. However, risks such as economic recession, high interest rates and interest expenses still affect corporate profits.

The Vietnam National Petroleum Group (Petrolimex) aims to achieve a pre-tax profit of over VND3.2 trillion (US$139.1 million) this year, up 42% annually.