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Telecoms, IT, retail firms top VN’s profit-making list
Tech

Telecoms, IT, retail firms top VN’s profit-making list

Telecommunications, IT and retail firms took the lead in terms of profitability last year on the list of Profit500 –...

HCM City travel firms hope to profit from waterway tours
Travel

HCM City travel firms hope to profit from waterway tours

Saigontourist has launched seven new waterway routes on the Sai Gon River and the river sections of Binh Duong, Dong Nai and Long An.

Saigon lottery firm fails to match the numbers as profit plunges to 5-year low
Business

Saigon lottery firm fails to match the numbers as profit plunges to 5-year low

Punters aren't interested in winning thousands of dollars anymore. They're dreaming of millions.

Toyota Q1 net profit up 11pct to $5.6 bn, boosts FY forecast
Business

Toyota Q1 net profit up 11pct to $5.6 bn, boosts FY forecast

Toyota last year suffered its first drop in annual profit in five years.

Honda motorcycle sales boost quarterly net profit
Business

Honda motorcycle sales boost quarterly net profit

Motorcycle sales volume grew in India and Vietnam.

VN Index ends flat on profit gains
Business

VN Index ends flat on profit gains

Vietnamnet - The benchmark VN Index reversed a four-day rise on May 15 as large-cap stocks were hit by profit-taking.

VN corporate profit falls 60 percent in 2010-2015
Business

VN corporate profit falls 60 percent in 2010-2015

Vietnamnet - The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the

Vietnam Airlines Group makes $895 million profit in Q1
Business

Vietnam Airlines Group makes $895 million profit in Q1

Vietnamnet - The Vietnam Airlines Group earned syndicated revenue of VNĐ20.4 trillion (US$895.1 million) in the first quarter of this year, reaching 23.8 per cent of its yearly target.

Large life insurers led profit race in 2016
Business

Large life insurers led profit race in 2016

Vietnamnet - The picture of Vietnam’s life insurance industry is quite bright but each enterprise has its dark patches, according to the Vietnam Insurance Association (IAV)’s report on the

Vietnamese enterprises see sharp profit fall
Business

Vietnamese enterprises see sharp profit fall

Vietnamnet - Vietnamese enterprises saw a sharp decrease of profits in the 2010-2015 period compared to the previous five years, according to the General Statistics Office (GSO).

VN banks aim for high profit in 2017
Business

VN banks aim for high profit in 2017

Vietnamnet - Starting the annual general meeting (AGM) season, several banks have revealed ambitious plans for 2017.

Which investment channel can bring the highest profit?
Business

Which investment channel can bring the highest profit?

Vietnamnet - Bank deposit interest rates are on the rise. The VN Index has surpassed the 700 point threshold. The real estate market is warming up. Meanwhile, gold and dollar prices are

VN banks foresee good profit in 2017
Business

VN banks foresee good profit in 2017

Vietnamnet - Compared to 2016, banks are looking at brighter prospects in 2017 as many indexes look like they are on a trend of improvement.

Vietnam’s sole operating oil refinery sets surprisingly low profit target for 2017
Business

Vietnam’s sole operating oil refinery sets surprisingly low profit target for 2017

Vietnamnet - Binh Son Refining and Petrochemical Company Limited, the operator of Dung Quat Refinery, has set its pre-tax profit target at $73 million for 2017, which is a lot lower than its actual

VN refinery predicts profit dip
Business

VN refinery predicts profit dip

Vietnamnet - Dung Quat Refinery in Quang Ngai province is aiming to decrease its turnover by 17 per cent this year, a 2017 target of VND62.4 trillion (US$2.77 billion).

Burj Khalifa developer Emaar pulls in $1.43B profit in 2016
World

Burj Khalifa developer Emaar pulls in $1.43B profit in 2016

Yahoo News DUBAI, United Arab Emirates (AP) — The developer of the world's tallest building says its profit rose to $1.43 billion last year as it saw a boost in property sales and opened a new opera

Ryanair profit falls amid pressure to lower fares
World

Ryanair profit falls amid pressure to lower fares

Yahoo News LONDON (AP) — Ryanair, Europe's biggest budget airline, saw its profits drop 8 percent in the final three months of 2016 as it lowered fares and was hurt by the British pound's drop.

Shell net profit more than doubles in 2016
World

Shell net profit more than doubles in 2016

Yahoo News Royal Dutch Shell on Thursday said profit after tax more than doubled in 2016, helped by a recovery for oil prices in the fourth quarter. Net profit for the full year came in at $4.58

Samsung's 4Q earnings more than double on record chip profit
World

Samsung's 4Q earnings more than double on record chip profit

Yahoo News SEOUL, South Korea (AP) — Samsung Electronics Co. said Tuesday that its fourth-quarter earnings more than doubled over a year earlier thanks to its brisk memory chip business that posted a

Rubber sector enjoys profit growth of 51% in 2016
Business

Rubber sector enjoys profit growth of 51% in 2016

Nhan dan - NDO/VNA – The Vietnam Rubber Group (VRG) achieved a pre-tax profit growth of up to 51% to VND2.36 trillion (US$103.8 million) in 2016, heard a conference reviewing the firm’s production

VietJet CEO says net profit to climb 30 percent in 2017
Business

VietJet CEO says net profit to climb 30 percent in 2017

En nexpress - The carrier has the financial backing it needs for big aircraft orders from Airbus and Boeing, the CEO said.

Samsung's profit jumps 50 percent despite Galaxy fiasco
Tech

Samsung's profit jumps 50 percent despite Galaxy fiasco

Yahoo News - SEOUL, South Korea (AP) — Samsung Electronics says its September-December profit surged 50 percent despite the Galaxy Note 7 fiasco.

Samsung Electronics forecasts fourth quarter profit at over three-year high
Tech

Samsung Electronics forecasts fourth quarter profit at over three-year high

Yahoo News - By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely leapt 50 percent from a year earlier to its highest in more than

Samsung's chip, screen sales to drive Q4 profit to 3-year high -analysts
Tech

Samsung's chip, screen sales to drive Q4 profit to 3-year high -analysts

Yahoo News - By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd is likely to forecast its best quarterly profit in nearly three years on Friday, analysts said, with robust memory chip sales

Property developers hire foreign management companies to optimize profit
Business

Property developers hire foreign management companies to optimize profit

Most high-end resorts in Vietnam are managed by leading asset management companies from the US, Europe or Asia.