Tag: profit
SCIC reports US$286 mln in pre-tax profit for 2020
The State Capital Investment Corporation (SCIC) announced on January 14 that its pre-tax profit soared over 36% in 2020, hitting an estimated VND6.58 trillion (around US$286 million).
Viettel posts US$11.5 billion in 2020 revenue
The military-run telecommunication group Viettel posed revenue of over VND264 trillion (US$11.48 billion) in 2020, up 4.4% against the previous year and exceeding its yearly plan by 2.4%.
Vietnam Airlines records over VND12 trillion in losses this year
VOV.VN - National flag carrier Vietnam Airlines has endured a pre-tax loss of more than VND12 trillion for this year, although there remains optimistic signs ahead in comparison to previous predictions due to the devastating impact of the novel coronavirus (COVID-19) pandemic.
8th Vietnam Summer School of Science held in Binh Dinh
The Rencontres du Vietnam, a non-profit organisation and an official partner of UNESCO, is organising the 8th Vietnam Summer School of Science (VSSS) at the International Centre for Interdisciplinary Science Education (ICISE) in the central province of Binh Dinh.
Top 500 most profitable enterprises in Vietnam this year unveiled
VOV.VN - Vietnam Report JSC and online newswire VietNamNet co-hosted a ceremony on October 22 in Hanoi in order to unveil the Top 500 most profitable enterprises in Vietnam (Profit500), along with the leading 10 most reputable companies in the food, beverage, retail, and packaging sectors for this year.
New decree allows banks to keep profits
A new decree released by the Government will allow State-owned commercial banks to save cash to increase their strength instead of paying dividends to shareholders.
PetroVietnam’s oil output reaches 8.64 million tonnes
The Vietnam Oil and Gas Group (PetroVietnam) has reported an oil output of 8.64 million tonnes in the first nine months of this year, 9.4% higher than the set target.
Tax cut to businesses of little use since most are losing: experts
Providing a 30% income tax cut to all businesses regardless of scale will not be of much benefit since most are making losses, analysts warn.
500 most profitable enterprises in Vietnam announced
The Vietnam Report has just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.
Banks’ profit forecast to drop significantly in H2
The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1% compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.