Challenges ahead for King of pangasius

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Báo Đầu Tư English 6 day(s) ago

The future looks challenging for Hung Vuong Joint Stock Company (HoSE: HVG), dubbed “the King of Pangasius,” after the audit of the company’s financial reports showed a big discrepancy between the audited and self-reported profit, revenue, and liabilities.

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Hapro shopping for strategic investor

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Báo Đầu Tư English 1 week(s) ago

State-owned Hanoi Trade Corporation (Hapro), operator of a chain of supermarkets and convenience stores and owner of many land plots and properties at prime locations in the city, is looking for a strategic investor to buy over half of its shares.

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Small business affected by new lending circular

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Báo Dân Trí English 3 week(s) ago

A circular issued by the State Bank of Vietnam (SBV), which comes into effect on March 15, may affect small-sized enterprises as they will have to borrow from credit institutions at higher interest rates.

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“King of pangasius” suffers unexpected loss

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Báo Đầu Tư English 1 month(s) ago

Differences between audited and unaudited financial statements areunavoidable, however, a difference of up to trillions of VND caught Hung Vuong Joint Stock Company (HVG)’s investors by surprise.

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State Audit issues 22-year record fines

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Báo Dân Trí English 1 month(s) ago

The State Audit Office of Vietnam has proposed VND35.9trn (USD1.6bn) in fines last year, the highest in 22 years, on local businesses for their violations, according to their report to the prime minister on February 2.

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Hanoi's wastewater treatment plant financial issues audited

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Báo Dân Trí English 1 month(s) ago

The State Audit Office of Vietnam has requested the investor of the Yen So Sewage Treatment Plant to return millions of US dollars after uncovering various violations.

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Expressway developer urged to pay site clearance

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Báo Đầu Tư English 3 month(s) ago

The Ministry of Transport has requested Trung Luong-My Thuan BOT Company, the investor of the Trung Luong-My Thuan expressway project to pay site clearance compensation to the Tien Giang People’s Committee before December 20.

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Karaoke bars should be banned from residential areas in Vietnam: foreigners

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Báo Tuổi Trẻ English 4 month(s) ago 2 related news

Editor's note: Two people from Japan and Singapore have shared their thoughts with Tuoi Tre News on safety regulations in karaoke bars.

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HNX announces 48 "black-list" stocks on UPCoM

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Báo Đầu Tư English 6 month(s) ago

The Ha Noi Stock Exchange on September 29 announced 48 "black-list" stocks on the unlisted market to alert and protect investors.

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PPSP reports decline in revenue, net profit

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VietStock FI English 7 month(s) ago

PPSP reports decline in revenue, net profit

Industrial park operator Phnom Penh SEZ, which became the fourth company on Cambodia’s stock exchange when it listed in May, released its audited 2015 annual report and 2016 half-year financials yesterday, reporting declines in revenue and net profit over the past 18 months on slower land sales.

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Woori ruled out of Prasac bid

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VietStock FI English 7 month(s) ago

Woori ruled out of Prasac bid

South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central bank as an official bidder, local banking officials have said.

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Listed firms lax on fiscal reports

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VietStock FI English 7 month(s) ago

Listed firms lax on fiscal reports

Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s commitment to enforcing basic disclosure rules.

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HoSE puts TTF in special control list

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Báo Đầu Tư English 8 month(s) ago

HoSE puts TTF in special control list

The HCM Stock Exchange (HoSE) put the stock of Truong Thanh Furniture (TTF) in the special control list from August 9. After the firm's loss of more than VND1 trillion (US$44.8 million), discovered by auditors in late July, the stock lost more than 66 per cent in value.

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Acleda Bank net profit, assets grow in 1H16

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VietStock FI English 8 month(s) ago

Acleda Bank, Cambodia’s largest financial institution, experienced sturdy year-on-year growth during the first half of the year, according to figures from its latest audited financial statement.

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Social housing misused: audit

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Báo Đầu Tư English 8 month(s) ago

Social housing misused: audit

The state audit of Viet Nam has revealed the misuse of many social housing apartments in major cities.

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