Top 500 Vietnamese firms in 2017 honoured

Top 500 Vietnamese firms in 2017 honoured

NDO - Vietnam’s 500 largest enterprises (VNR500) in 2017 were announced at a ceremony in Hanoi, on January 19, by the Vietnam Report Joint Stock Company, with Samsung Electronics Vietnam Co., Ltd topping the list.  (Jan 21, 2018)

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Masan starts meat processing complex in Ha Nam

  Feb 05, 2018
NDO/VNA – Masan Group on February 4 held a groundbreaking ceremony for its meat processing complex in the Dong Van 4 Industrial Park, Kim Bang district, the northern province of Ha Nam. 

Businesses’ health much better: Deputy PM Hue

  Jan 31, 2018
NDO – The "health" of enterprises is in a much better state, as the number of businesses generating profit has increased remarkably, from approximately 30% in 2012 to 47.3% last year.  

Work begins on hi-tech fruit processing plant in Son La province

  Jan 25, 2018
NDO – The construction of a hi-tech fruit and fruit juice processing plant commenced in the mountainous northern province of Son La on January 25. 

EU businesses updated with favourable policies from Vietnam

  Jan 22, 2018
NDO – The relevant ministries, sectors and localities in Vietnam have cut over 5,000 administrative procedures to facilitate small and medium enterprises in entering the market and operating in Vietnam. 

Agribank posts profit of over VND5 trillion in 2017

  Jan 18, 2018
NDO - Agribank reported a pre-tax profit of over VND5 trillion (US$220 million) in 2017, up 20% from the previous year and thus contributed VND1.2 trillion to the government budget. 

Mining sector gains record VND2.5 trillion profit in 2017

  Jan 16, 2018
NDO – Vietnam National Coal and Mineral Industries Group (Vinacomin) earned a record profit of more than VND2.5 trillion (US$110 million) in 2017, an increase of approximately VND1.5 trillion compared to 2016. 

Vietcombank aims to reduce bad debt to below 1% in 2018

  Jan 14, 2018
NDO – Vietcombank, a major commercial lender in Vietnam, aims to bring down the ratio of non-performing loans to less than 1% as one of its main targets for 2018.  

Vietnam's first smart fertilizer plant inaugurated in Tra Vinh province

  Jan 14, 2018
NDO – The Rynan Smart Fertilizers Limited Company held a ceremony on January 13 at Long Duc Industrial Park in the southern province of Tra Vinh to inaugurate a smart fertilizer plant, the first of its kind in Vietnam.  

Viettel renamed Military Industry and Telecoms Group

  Jan 13, 2018
NDO/VNA - Military-run telecommunications group Viettel has been renamed Viettel Military Industry and Telecoms Group and is now recognised as the national defence and security enterprise with 100% state-owned capital pursuant to the recently issued Government Decree No.05.  

Vietcombank reports record pre-tax profit

  Jan 13, 2018
NDO/ VNA – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) reported a record high pre-tax profit of more than VND11 trillion (US$482.5 million) in 2017.  

Vietnamese state oil firm PVN urged to accelerate refinery projects

  Jan 12, 2018
NDO - The state-owned oil and gas group PVN has been asked to expedite a number of major refinery and power projects which are currently lagging far behind schedule.  

Vietnam's commercial banks report high profits in 2017

  Jan 08, 2018
NDO/VNA – Vietnam’s commercial banks reported solid results for 2017 with the total after-tax profit estimated to grow 44.5% from the previous year, according to an independent report of the National Financial Supervisory Commission. 

SSI top brokerage in Hanoi derivatives market

  Jan 06, 2018
NDO/VNA - Saigon Securities Inc. (SSI) was the biggest brokerage on the Hanoi Stock Exchange’s derivatives market last year with a 28.28% market share, according to an exchange report on the derivatives market.  

VNPT’s restructuring plan gets green light

  Jan 06, 2018
NDO/VNA – Deputy Prime Minister Vuong Dinh Hue has approved the Vietnam Posts and Telecommunications Group (VNPT)’s restructuring plan for 2018-2020.