revenue

Update news revenue

MB Group likely to reach US$5 billion in revenue by 2026

Accelerating digital transformation and improving technology infrastructure capacity are key to MB Group’s strategic goals for the new period.

Survey: 71 pct. of hospitality firms see Q1 revenue down over 30 pct.

Seventy-one percent of enterprises in the hospitality industry responding to a recent survey said their revenue in the first quarter of 2020 fell more than 30 percent against the same period last year because of the COVID-19 pandemic.

Vietnam looks to boost ICT, focusing on domestic firms

Vietnam is seeking to develop its information and communications technology industry (ICT) with a focus on domestic firms to make it a key economic sector in the next decade, according to experts.

State revenue unlikely to fall despite numerous FTAs

Reduced revenue from cutting taxes on imported goods in accordance with various FTAs Vietnam had signed was unlikely to affect State revenue, said the finance ministry in a conference held on December 12 in Hanoi.

Vietnam’s IT gets golden chance from fresh investment wave

Vietnam's plans on digital economy, the Fourth Industrial Revolution, smart cities and startups are clearly helping the country’s IT industry continue to record strong revenue growth

Vietnam Airlines reports higher revenue in first half

The national flag carrier Vietnam Airlines reported a total revenue of over 51.6 trillion VND (2.24 billion USD) in the first half of this year, up 5.5 percent year-on-year.

Oil group plans exploitation scenarios amid price fluctuations

VietNamNet Bridge – Though anticipating revenue could drop by billions of dong this year if low oil prices continue, PetroVietnam says this will not seriously affect its production and business.

BUSINESS IN BRIEF 11/11

 Firms with bad debt can still seek new loans; Smartphone market share expands; Assoc. says cashew business needs not be conditional now; HCM City to host International Cycle Show 2013; Tra fish industry caught in a trap

BUSINESS IN BRIEF 19/9

 Port premises find investor; Hanoi’s office supply to double in 2017: CBRE; Loan-to-deposit ratio slightly declines; VAMC targets more bad debts

TRAVEL IN BRIEF 22/7

 Hue seeks ways to attract more tourists; Tourism sector scores positive growth in first half; Six Senses Con Dao among world’s best ecolodges; Festival featuring four countries’ arts to open next month

Games firms complain they have been handled roughly

 VietNamNet Bridge – President of VTC Online Phan Sao Nam said the 7,500 workers in the games industry have been waiting for a decree on online game management for 22,500 years.

BUSINESS IN BRIEF 23/6

 Inter-bank interest rates stay low; Customs formality highly lamentable; HPT, Microsoft clinch strategic deal; Falling demand forces Vinacomin to ease coal production

VN may lose millions of USD owing to illegal export of ore

 VietNamNet Bridge - The authorities have admitted that they do not have accurate data on the volume of illegally-exported ore via the border.

Vietnamese cinemas earn $43 million in 2012

The box office revenues in Vietnam increased from $7 million in 2008 to $43 million in 2012. With the increase of 514 percent in four years, Hollywood Reporter ranked Vietnam as one of the 13 “hottest” growing cinema markets in the world.

BUSINESS IN BRIEF 20/4

 Double textile export to U.S. in sight; Firms seek diversification for tra fish exports; Rice prices fall despite successful bid for export; HCM City calls for investments into Thu Thiem

BUSINESS IN BRIEF 2/4

Greater cooperation needed for central region tourism; Rice exporters dodge rules via consignment contracts; Russian businesses keen to invest in Vietnam; Electronics market struggles to survive

BUSINESS IN BRIEF 21/3

US$57 million Diamond field project launched; Vietnam-EU FTA under discussion; Footwear firms buoyed by prospect of EU deal; Auto sales plunge in February; Gambling in Hanoi still open only to foreigners

BUSINESS IN BRIEF 13/3

Ministry mulls allocation of fishing quotas; Auto sales drops strongly after Tet; Danang tourist numbers double; Price adjustments feared to fuel inflation; TV commercials fuel advertising growth

BUSINESS IN BRIEF 20/2

Ba Ria-Vung Tau attracts big investors; Local exports gain easier access to Argentinean market; HDBank receives Euromoney honour; HCM City needs 53,000 workers after Tet

BUSINESS IN BRIEF 9/2

Samsung’s second plant to take shape in Vietnam; Clothing exports surge by 28 percent; Vietnamese seafood gains firm foothold in US; No price hike during Tet; VND16.9 trillion invested in power transmission