Theinvestor
Vietnam telecom giant VNPT posts over $239 mln pre-tax profit in 2024. State-owned Vietnam Posts and Telecommunications Group (VNPT) reported a consolidated pre-tax profit of VND6.09 trillion ($239.3 million) in 2024, according to its newly released business report.
Investing - theinvestor.vn
Joint venture established to operate Hai Phong container terminals. Infrastructure - Wed, December 25, 2024 | 9:10 pm GTM+7 . Hai Phong Port JSC (PHP) has established TIL Hai Phong International Port LLC to operate international container terminals 3 and 4 under the Hai Phong Gateway International Port project in Lach Huyen, the northern city of Hai Phong.
Finance - theinvestor.vn
Exit ban proposed for legal reps of companies in Vietnam with $20,000 tax debts. Finance - Thu, December 26, 2024 | 9:39 pm GTM+7 . Vietnam’s Ministry of Finance (MoF) has proposed an exit ban on legal representatives of businesses with tax debts exceeding VND500 million ($19,660) for more than 120 days, starting from 2025.
Public investment key catalyst for domestic consumption, private ...
12 hours ago · Public investment is a top driving force of Vietnam's economic growth amid uncertainties related to inflation, interest rates and exchange rates under the global impact, according to experts. "Focusing public investment on infrastructure to create a foundation for domestic consumption and private ...
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Latvian man on trial for running loan shark ring with 1,380% interest rate. The Ho Chi Minh City People’s Court is holding the first-instance trial of Aigars Plivės, a 39-year-old Latvian national, for engaging in illegal lending through online platforms with interest rates as high as 1,380% per year, earning VND4.15 trillion ($163.35 million) in illicit profits.
Economy - theinvestor.vn
Vietnam's F&B sector to see modest recovery in 2025: broker. Economy - Thu, December 26, 2024 | 4:05 pm GTM+7 . Vietnam's food and beverage (F&B) sector has seen growth since Q2/2024 - the first signs of recovery, and the sector is expected to see modest recovery in 2025 due to consumer caution, according to leading broker SSI Securities.
Vietnam's 2025 GDP to grow 6.5% on robust infrastructure …
6 days ago · Domestic factors, including a ramp-up in Government infrastructure spending, a revival of the real estate market, and a recovery of consumer spending, will help sustain Vietnam's GDP growth at a circa 6.5% pace next year, in-line with the National Assembly’s official target and with 2024 GDP growth, write Michael Kokalari, chief economist at VinaCapital.
Vietnam moves up in global value chain with high-value …
Nov 11, 2024 · Footwear giant Taekwang to spend $19.7 mln on Lunar New Year bonus in Vietnam. South Korean-invested Taekwang Vina JSC, a supplier of Nike in the southern province of Dong Nai, will spend over VND500 billion ($19.7 million) on Lunar New Year (Tet) bonus for its nearly 36,000 employees.
Foreign investors to be net Vietnam stock buyers in 2024: experts
Jan 22, 2024 · Vietnam’s benchmark VN-Index to reach 1,400-1,420 points in 2025: broker. The VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), may hit 1,400-1,420 points in 2025, driven by an 18% market-wide profit growth and a price-to-earnings (P/E) ratio of 12.5-13x, according to broker MBBank Securities (MBS).
Vietnam stock market may receive $9 bln from overseas funds …
Nov 5, 2024 · International funds may pour up to $9 billion into Vietnamese equities once Vietnam’s stock market status is upgraded from a frontier to an emerging market, says a Morgan Stanley representative.