Vietnam Airlines earns $71.6m profit

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Báo Dân Trí English 23 hour(s) ago

Vietnam Airlines earns $71.6m profit

Vietnam Airlines Joint Stock Company (Vietnam Airlines) has said it earned more than VNĐ36 trillion (US$1.6 billion) in estimated revenue and VNĐ1.6 trillion ($71.6 million) in pre-tax profit in 2016’s first half.

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Hanoi: CPI in July rises slightly

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Báo Dân Trí English 1 day(s) ago 1 duplicate news

Hanoi: CPI in July rises slightly

The consumer price index (CPI) in Hanoi continued to go up in July, the seventh consecutive month of growth, the municipal Statistics Office (GSO) reported.

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Vietnam’s bad debts surge as bank wrongdoings rise: state audit

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Báo Tuổi Trẻ English 1 day(s) ago

Vietnam’s bad debts surge as bank wrongdoings rise: state audit

An audit conducted last year into the 2014 performance of state-run Vietnamese companies and banks has found the country’s bad debt continuing to rise while little change is forced upon lenders found gaming the system.

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PM approves higher power tariff for Cong Ly

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Báo Đầu Tư English 1 day(s) ago

PM approves higher power tariff for Cong Ly

Prime Minister Nguyen Xuan Phuc has authorised Cong Ly Construction-Trade-Tourism Co., Ltd. to sell electricity to state-run Electricity of Vietnam (EVN) from its Khai Long-Ca Mau wind farm for 9.8UScents per kWh, not including value added tax.

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WB applauds super commitee idea

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Báo Dân Trí English 1 day(s) ago

WB applauds super commitee idea

The World Bank has applauded Vietnam’s idea of setting up a “super committee” to supervise assets owned by State-owned enterprises (SOEs), which are estimated at around $227 billion.

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Vietnam Airlines sees 58 percent rise in H1 pretax profit

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Báo Thanh Niên English 2 day(s) ago

Vietnam Airlines sees 58 percent rise in H1 pretax profit

National carrier Vietnam Airlines has reported a pretax profit of nearly VND1.6 trillion in the first six months, up around 58 percent from a year ago, even as the competition with low-cost VietJet Air is intensifying.

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Sabeco to have new CEO

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Báo Dân Trí English 2 day(s) ago

Sabeco to have new CEO

The Deputy CEO of the scandal-hit Sabeco seems likely to become CEO of the beer giant after the position remained vacant for months and led to its recent leadership crisis.

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Budget revenue far behind estimates in first half this year

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SaiGon GP English 2 day(s) ago

Budget revenue far behind estimates in first half this year

Budget revenue was estimated to reach VND476.8 trillion (US$21.39 billion) in the first six months of 2016 accounting for only 47 percent of the estimates of VND1,015 trillion ($45.67 billion), according to a Government’s report.

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Thailand revises down tourism income target for 2017

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SaiGon GP English 3 day(s) ago

Thailand revises down tourism income target for 2017

The Tourism Authority of Thailand (TAT) has revised down its target for tourism related income next year, citing concerns about global, regional and national economic problems and the political situation.

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Vietnam's insurance sales see six-year high growth: data

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Báo Thanh Niên English 3 day(s) ago

Insurance companies in Vietnam reported premium revenues of more than VND38.61 trillion (US$1.7 billion) in the first six months, an increase of 25.9 percent from a year ago, local media have reported, citing the finance ministry.

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Month-long trial begins over $401mn loss by Vietnam bank

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Báo Tuổi Trẻ English 4 day(s) ago

Month-long trial begins over $401mn loss by Vietnam bank

As many as three dozen defendants appeared in a Ho Chi Minh City court on Tuesday for involvement in a high-profile case causing the loss of more than VND9 trillion (US$401.79 million) from the state budget.

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Eximbank administers sharp cut to 2016 profit target

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Báo Đầu Tư English 4 day(s) ago

Eximbank administers sharp cut to 2016 profit target

Vietnam Export Import Bank (Eximbank) is lowering its target for deposits, lending, assets, and pre-tax profit for the year 2016 deviating from the earlier plan.

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VIB releases upbeat first-half business results

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Báo Đầu Tư English 4 day(s) ago

VIB releases upbeat first-half business results

The Vietnam International Bank has recently released its first-half unaudited business results for 2016.

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Soaring temperatures will make it too hot to work, UN warns

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Báo Thanh Niên English 5 day(s) ago

Soaring temperatures will make it too hot to work, UN warns

Searing temperatures caused by climate change may cost global economies more than $2 trillion by 2030, restricting working hours in some of the poorest parts of the world, according to United Nations research.

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City, Delta plan tighter links

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Báo Đầu Tư English 5 day(s) ago

City, Delta plan tighter links

Mekong Delta’s Long An province and its neighbour, HCM City, need to have better transportation and communications connections in order to improve their economic development.

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