Most State-owned enterprises were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Viet Nam.
The PetroVietnam Gas Corporation (GAS) has said the VND800 billion
(US$37.7 million) discrepancy in its financial reports from the first
six months of this year was due to false estimation.
Techcombank''s pre-tax profits fell by 158 per cent year-on-year to about VND397 billion (US$18.9 million) in the first quarter after the bank spent up to VND317 billion ($15 million) to establish a risk provisional fund.
