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Update news profits
Investors interested in pumping money into Vietnam are being urged to embrace flexibility in order to generate success across a wider range of investment channels.
A record-breaking syndicated financing for one of Vietnam’s most interesting banks tells us much about investor sentiment towards the borrower and the country.
Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
One thing that stands out in many banks’ third quarter reports is the sharp drop in profits from foreign exchange trading activities.
Korean firm builds electronic component plant at Phu Ha IP, Telephone exports to RoK soar, Agro-forestry-fishery export value increases, Vietnam refinery predicts profit dips, Banks eye higher credit growth, profits
VietNamNet Bridge – The positive 2016 earning reports of over 90 per cent of nearly 600 listed companies on the two national stock exchanges are providing a fresh impetus for the market.
VietNamNet Bridge – Technology firms and large multinational companies around the globe have begun venturing into agriculture and utilizing their expertise to turn strong profits, according to leading market analysts.
The falling value of the rouble and lower oil prices have hit profits at oil giant BP.
Technology giant Yahoo has reported profits of $6.8bn (£4.2bn) for the three months to September, buoyed by earnings from the firm's stake in Alibaba.
Tata Motors has reported a big jump in profits thanks to strong sales at its Jaguar Land Rover business.
VietNamNet Bridge – During the last days of June, Do Thanh Thuong was elated as he watched the growing coconut trees in his garden.
VietNamNet Bridge – Facing fierce competition in the packaged beer market, foreign breweries are migrating towards draft beer, with pubs and beer gardens springing up as fast as mushrooms
VietNamNet Bridge – Authorities in Vietnam are discussing solutions to rice production so as to increase the incomes of farmers who have continued to complain about modest profits.
Commercial banks continue recruiting more officers, and though the average income decreased in 2012, bank officers still had sky high monthly salaries, which were the dream of the workers in other business fields.
This way or another, staying ambiguous or making public, Vietnamese big businessmen have shown off their colossal fortunes.
Commercial banks all keep pessimistic about the business result this year, when the credit flow gets stuck and the bad debts increase rapidly.