Vietnamese banking brands are riding high with a growth of 31.3% in brand value in 2023, according to Brand Finance Banking 500 Report.

Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.

The Vietnam Oil and Gas Group (PVN) recorded total revenue of VND931.2 trillion and pre-tax profit of over VND82.2 trillion (around US$3.5 billion), the highest in 61 years of the Vietnamese oil and gas industry’s history.

Pharmaceutical enterprises have reported strong business results in the third quarter of 2022, with some even achieving record-high profits.

The Vietnam Oil and Gas Group (PetroVietnam) continues to maintain its first place on the top 500 most profitable companies in Vietnam in 2022 (PROFIT500) for the fourth consecutive year.

Vietnam Report JSC and VietNamNet online newspaper on September 15 announced the Profit500 list featuring the top 500 most profitable enterprises in Vietnam this year.

VOV.VN - Sustainability and circularity are an inevitable path which Vietnamese textiles must follow, according to Truong Van Cam, general secretary of the Vietnam Textile and Apparel Association (VITAS).

PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND1.159 trillion (over US$49.56 million) in the first six months of 2022, surpassing the target set for the entire year by 56%.

A non-profit sound workshop called “Sonic Ground” was opened in Hanoi on June 6 for ten micro-budget and independent filmmakers, video artists and artists of other mediums from all over Vietnam.

Any act that aims at manipulating the stock and corporate bond markets to gain illicit profits will be punished strictly, according to the Ministry of Finance.