Tags

billion

Banks set sight on joining billion-dollar profit club

Banks set sight on joining billion-dollar profit club

Several major banks have cautiously set profit target while others aim to nearly double their growth pending approval at annual shareholder meetings.
Viet Nam wants to have 10 tech unicorns in 2030

Viet Nam wants to have 10 tech “unicorns” in 2030

Viet Nam wants to have at least five billion-dollar tech firms (unicorns) by 2025 and 10 by 2030 as planned in its draft on national strategy on the Fourth Industrial Revolution.
Four Vietnamese firms in Forbes Asias Best Under A Billion list

Four Vietnamese firms in Forbes Asia’s 'Best Under A Billion' list

Binh Duong Minerals and Construction Joint Stock Company, Dat Xanh Group, Dong Nai Port Joint Stock Company and Phu Tai Joint Stock Company were all listed.
Chan May-Lang Co EZ gets 15m project

Chan May-Lang Co EZ gets $15m project

The central province of Thừa Thiên-Huế on Monday licensed a US$15 million a project to enter local Chân Mây-Lăng Cô Economic Zone.
Remittances to HCM City fall by 10 per cent

Remittances to HCM City fall by 10 per cent

Overseas remittances to HCM City this year are expected to reach US$5 billion instead of the expected $5.5 billion.
VN targets 10b worth of e-commerce by 2020

VN targets $10b worth of e-commerce by 2020

The Vietnamese e-commerce market is expected to surge in the next five years, the Ministry of Industry and Trade, which has set an online sales target of US$10 billion or 5 per cent of total retail sales, has said.
VN retail sales to top 179 billion by 2020

VN retail sales to top $179 billion by 2020

Viet Nam''s retail turnover is expected to rise to US$179 billion by 2020, according to the Association of Viet Nam Retailers.
VN targets 3.5b worth rice exports by 2020

VN targets $3.5b worth rice exports by 2020

The Ministry of Industry and Trade has unveiled a strategy for developing rice exports in 2016-20 that  targets reversing a declining trend over the last two years and increasing earnings to US$3 billion next year.
Vingroup to increase its charter capital to 1b

Vingroup to increase its charter capital to $1b

Vingroup (VIC) asked its shareholders for the issuance of about 484.5 million additional shares to increase the charter capital from the capital surplus, according to local media.
VN postpones 3bn international bond plan

VN postpones $3bn international bond plan

Viet Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.
Govt debt on the rise

Gov't debt on the rise

Government debt reached more than VND1.5 quadrillion (US$66.7 billion) last year, expanding nearly 70 per cent during the 2010-15 period, the Vietnam News Agency reported yesterday.
Produce export value up in 2016

Produce export value up in 2016

Viet Nam gained a 33 per cent year-on-year increase in the fruit and vegetable export value to reach US$1.17 billion for the first half of 2016, officials said.
Govt: budget deficit rising

Gov't: budget deficit rising

The budget deficit in the first half of the year hit VND82.9 trillion (US$3.7 billion) due to rising recurrent expenditures and the repayment of debts, the General Statistics Office reported.
MBSs year on year revenue up 77 per cent

MBS's year on year revenue up 77 per cent

MB Securities Corp''s (MBS) five-month revenue increased by nearly 77 per cent year on year to nearly VND153 billion (US$6.8 million).
Wood exports to fall short of expectation

Wood exports to fall short of expectation

The export revenue of timber and woodwork products is projected to reach US$7.4 billion, $200 million less than the target set for the sector this year.