Last year was a stormy one for Vietnam’s businesses, but billionaires still were able to pocket billions of dollars.
As a bear market for rubber is anticipated in 2021, Vietnamese rubber companies have edged down their profit targets for the year.
Bamboo Airways has announced the addition of VND3.5 trillion to its charter capital, bringing the total amount to VND10.5 trillion (US$457.3 million).
The Vietnam Dairy Products JSC – Vinamilk (VNM), the largest dairy company in Vietnam, posted a gain in revenue and profit in the fourth quarter of last year and the whole of 2020 despite disruptions due to COVID-19.
Vietnam Airlines lost VND11,098 billion (over US$481 million) in 2020 due to the impact of the COVID-19 pandemic, according to its recently-released financial report.
Although the aviation industry was ravaged by the COVID-19 pandemic, logistics companies at airports still maintained operations.
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).
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%.
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.
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.