Bank profits in the third quarter still grew impressively

Bank profits in the third quarter still grew impressively

VCN - Currently, a number of banks have started to announce business results for the first nine months of 2022, in which, many banks recorded double-digit growth compared to the same period last year.
Digital transformation in the real estate industry: Turning pain into profit

Digital transformation in the real estate industry: Turning pain into profit

VCN- According to experts, the application of technology in business operations has comprehensively changed the way of operation, increased productivity, quality, and efficiency, and brought value to customers. And real estate businesses are no exception.
Banks announced "huge" profit

Banks announced "huge" profit

VCN - The bank's total assets reached approximately VND1.6 quadrillion, up 13.4% compared to 2021.
Gradually revealing the profits of banks in the first half of the year

Gradually revealing the profits of banks in the first half of the year

VCN - The domestic economy recovered well in the first six months of 2022 when GDP in the second quarter of 2022 increased by 7.72%, the highest quarterly increase in the past 10 years.
Profits of many businesses reduce because of increasing costs

Profits of many businesses reduce because of increasing costs

VCN - Despite positive growth in revenue thanks to the recovery of consumption markets after difficulties caused by the pandemic, the surge in input costs has caused many businesses to fall into negative growth, even losses in the first quarter of 2022.
Adapting to the

Adapting to the 'new normal', businesses 'getting better'

VCN - In the field of fertilizers, DAP - Vinachem JSC recorded a profit after tax of VND136.5 billion, 3.8 times higher than the same period last year.
A series of steel enterprises lost profits

A series of steel enterprises lost profits

VCN - If in 2021, steel enterprises had the opportunity to create profits, in 2022, with many pressures from the external economic context, large-scale steel enterprises have all significantly reduced profit plans.
How to balance profit and green conversion goals?

How to balance profit and green conversion goals?

VCN - To support this, both financial and market-supportive government policies are needed. Besides, enterprises also need to actively allocate resources appropriately to achieve both immediate and long-term effectiveness.
Two "giants" pulled the growth of bank profits in the first quarter of 2022

Two "giants" pulled the growth of bank profits in the first quarter of 2022

VCN- Although March has not yet ended, some banks have made their profit forecasts for the first quarter of 2022.
Vinatex’s net profit rises sharply last year

Vinatex’s net profit rises sharply last year

Vietnam National Textile and Garment Group (Vinatex)’s post-tax profit in the last quarter of 2021 was nearly VNĐ500 billion (US$22.03 million), tripling the figure recorded in the same period of the previous year.
Preventing brokers from pushing up land prices in the real estate market

Preventing brokers from pushing up land prices in the real estate market

VCN-The October report of batdongsan.com.vn showed that the market was like a long-compressed spring that is bouncing up strongly.
Will bank profits continue to prosper in 2022?

Will bank profits continue to prosper in 2022?

VCN - The business results of banks in the third quarter and first nine months of 2021 have revealed an average growth of 45% in pre-tax profit. This is expected to continue in the fourth quarter and improve bank profits for the whole of 2021 and 2022.
Textile industry sees differing results during pandemic

Textile industry sees differing results during pandemic

VCN - Under the impact of the Covid-19 pandemic, business results among textile and garment enterprises recorded a strong divergence, with many enterprises suffering from losses when their production and business activities were disrupted, while others ac
Banks dominate Top 10 most profitable enterprises in Vietnam in 2021

Banks dominate Top 10 most profitable enterprises in Vietnam in 2021

VCN - On October 15, 2021, the Vietnam Report and online newspaper VietNamNet announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year. Notably, there are a few banks in the top 10 rankings.
Banks

Banks' third quarter performance forecast: Only one bank's profit declines

VCN- At present, only TPBank has announced nine months of 2021 operating results with a 15% increase in credit.
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