Vietjet sets $1.9bn revenue target for 2017

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Báo Tuổi Trẻ English 3 day(s) ago

Low-cost Vietnamese carrier Vietjet has set targets of VND42.018 trillion (US$1.88 billion) in revenue and VND3.395 trillion ($151.56 million) in post-tax profit for 2017, after enjoying a successful 2016 with healthy growth and whopping earnings.

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Trump hits back at tax protests

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Báo Đầu Tư English 7 day(s) ago

WASHINGTON: US President Donald Trump on Sunday (Apr 16) hit back at nationwide protests calling for him to release his tax returns, questioning "who paid for" the "small" rallies.

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Vietjet posts record after-tax profit in 2016

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Báo Tuổi Trẻ English 2 week(s) ago

Vietjet has reported record revenue and profit in 2016, making it the low-cost carrier’s most successful year since it began operation in 2011.

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Vietjet saw robust growth in 2016

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Báo Đầu Tư English 2 week(s) ago

Local budget carrier Vietjet has just released its 2016 audited consolidated financial statement, attesting to the company’s strongest growth both in revenue and profit targets since its official debut in 2011.

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Challenges ahead for King of pangasius

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Báo Đầu Tư English 1 month(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 month(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 1 month(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 2 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 2 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 2 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 4 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 5 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 7 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 8 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 8 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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