Fishery enterprises’ first-quarter profits were hit hard due to the negative impacts of the COVID-19 outbreak.
The Ho Chi Minh Stock Exchange (HoSE) has reported its pre-tax profits dropped by almost half year-on-year to 200 billion VND (8.63 million USD).
Despite certain difficulties facing the property market, there remain numerous opportunities for investors to earn money from real estate stocks, according to insiders.
Many leading Vietnamese securities firms reported lower profits in the first half of 2019, according to the Ho Chi Minh Stock Exchange (HoSE).
The Binh Son Refining and Petrochemical JSC (BSR) has reported that it earned 906 billion VND (39.3 million USD) in profit in the first half of this year.
Domestic banks have unveiled positive business performance results in the first half of this year, with some new records being set.
The Viettel Military Industry and Telecoms Group attracted an additional 1 million 4G subscribers in the first quarter of 2019, marking the fastest growth of the firm so far.
VOV.VN - Local retailing, which has often been considered as a lucrative business, becomes an uninspiring market with many retailers vying to maintain their existing operations and market share, experts have said.
The State Capital Investment Corporation (SCIC) reported after-tax profit of 8.25 trillion VND (356 million USD) in 2018, 52 percent higher than the annual target.
VOV.VN - The banking sector is sending positive signals right from the get-go in 2019 as business outcomes of some commercial banks highlight noticeable growth in earnings.
Central Highlands’ some years ago rushed to grow macadamia trees after hearing about huge profits the plant could bring, though they did not know if the plant could thrive in the local soil and climate conditions.
VOV.VN - Salt harvesters in the south-central coastal province of Ninh Thuan are delighted by their recent bumper yields at the current high prices.
VOV.VN - The foreign direct investment (FDI) sector contribute a modest amount to the State budget although they enjoy many incentives and earn high profits.
VOV.VN - Vietnam has been the world largest exporter of cashew nuts for the 13 consecutive years and also the world leading cashew processing hub and exporter over the last three years. Despite yielding impressive results, growers and businesses have brought in less than 40% profits in the global value chains.
Banks are investing significantly in retail banking services instead of only focusing on corporate lending in the hope of gaining higher profits from the potential segment this year.
Some foreign funds are leaving Vietnam after making huge profits from their investment deals, while others are entering the country to seek new opportunities.
VOV.VN - Footwear and handbag businesses have prioritized exporting their products over selling them domestically as profits are higher overseas and government incentives make it a more attractive proposition.
Numerous commercial banks have reported rising profits in the first half of 2017. However, experts have raised concerns over this growth.
Many subsidiaries of the Vietnam Steel Corporation (VNSTEEL) have recorded profits despite various difficulties in the first half of 2017.
PetroVietnam Drilling and Well Services Corporation (PV Drilling) said the significant decrease of crude oil prices caused its revenue to fall sharply last year, leading to record-low after-tax profit of VND120 billion (US$5.26 million), down 14 times against 2015.