Profits of the banking industry in the third quarter of 2021 would decrease by 19% compared to the previous quarter due to slowing credit growth and increasing provision expenses, Yuanta Securities Vietnam estimated.

Australian people will have a chance to taste Vietnamese cashew nuts in a programme to be held by the Vietnam Trade Office in Australia from September 25 – October 2.

The United Nations Educational, Scientific and Cultural Organisation (UNESCO) Office in Vietnam and the Centre for Assistance and Development of Movie Talents under Vietnam Cinema Association will hold a course on non-profit film production with the enrolment taking place from September 6-30.

The Vietjet Aviation Joint Stock Company (HOSE: VJC) announced consolidated revenue and pre-tax profit of over VND8.38 trillion (US$365 million) and VND127 billion (US$5.53 million), respectively, in the first half of this year.

VOV.VN - The Vietnam Oil and Gas Group (PetroVietnam) raked in VND144.9 trillion, equivalent to US$6.31 billion, in pre-tax profits between January and May, 2.3 times higher compared to the expected figure for the period and triple that recorded during the same period from last year.

Despite Vietnamese companies’ total net profit growing 81% year-on-year in the first quarter, many still posted big losses.

Several construction firms have reported a drop in profits in the first quarter of this year due to the COVID-19 pandemic and rising material prices.

PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND720 billion (over US$31.2 million) in the first quarter of 2021, surpassing the quarterly plan by 6%.

A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.

Many Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic.