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.

VOV.VN - A total of five local banks have been included in this year's Forbes list of the world’s 2,000 largest firms.

VOV.VN - Airports nationwide served a total of 45.5 million passengers during the first five months of the year, up 37.8% compared to the same period last year, according to the Civil Aviation Authority of Vietnam (CAAV).

Despite oil price declines, the Vietnam Oil and Gas Group (Petrovietnam) posted VND18.2 trillion (US$775.5 million) in consolidated pre-tax profit in the first four months of 2023, surging 77% from its target for the period and equivalent to 52% of this year’s plan.

Manulife Vietnam settled claims worth nearly VND7 trillion (US$298.55 million) last year, a 36% increase from the previous year, the insurance company said in a press release.