Majority of credit institutions forecast profit growth in 2024
A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
PetroVietnam Drilling & Well Service Corporation (PV Drilling, HoSE: PVD) achieved positive growth for the first time in 2023, owing to its primary business. However,...
No Va Land Investment Group Corporation (Novaland - NVL) has announced its financial report for the fourth quarter of 2023, with a decrease in revenue but a surprisingly...
The throughput of cargo through deep-water ports in 2024 is expected to double compared to transshipment ports, while the capacity of seaports remains unchanged. This is...
According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6...
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.
Private hospitals in Việt Nam are actively seeking expansion to tap into the growing healthcare market. However, not all private hospitals are experiencing profitability.
According to Mr. Bui Hoang Minh, Head of Analysis at HSC Securities, although the interest rate differential between Vietnam and other countries has narrowed, there is...
More than 1 billion shares were traded on the southern bourse, worth VNĐ22.75 trillion (US$928.7 million).
The banking industry has experienced a difficult period in 2023 due to global and domestic headwinds. However, the industry outlook is forecast to be more positive next...
The plastic industry is currently experiencing a decline in revenue, but there are notable differences in profit performance among enterprises.
The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export...
The electricity industry faces a diminished performance in Q3 as profits plummet due to the struggles of hydropower and thermal power businesses. Nhơn Trạch 2 Thermal...
Falling interest rates led to increased margin loan balance in Q3 2023 as domestic investors found stocks more appealing than bank savings.
In the third quarter of 2023, a notable variance is anticipated in the profits of commercial banks, with some continuing to experience double-digit growth, while others...
Commercial banks made large profits from spot foreign exchange trading activities in the first half of this year as the difference between the dollar buying and selling...
The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.
Given the tightening of crude supplies in the global market, the oil and gas drilling segment is in high demand, boosting the business prospects of upstream service...
It might not have been popular with Italian banks or global stocks, but the Italian government’s raid on bank profits might not be an isolated case of populist politics.
Business results of coal enterprises prospered in the second quarter due to high demand for coal supply for thermal power.
Seafood exports are showing signs of getting better, experts say, profits of seafood exporters will recover in the last months of the year.
Pre-tax profit growth of the whole banking industry will decelerate in 2023 and there will be a significant difference in the growth between small- and large-sized...