Tuesday , April 30 2024

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Vinhomes Q3 profits jump 37%

Vinhomes Q3 profits jump 37%

Housing developer Vinhomes made consolidated pre-tax profits of VND18.949 trillion (US$764.1 million) in the third quarter for a year-on-year increase of 37%. Sales exceeded VND30.7 trillion, up 35%, its latest financial statements show. In the third quarter, the company began handover of 1,300 villas at a project in the northern …

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Public banks join race to hike deposit interest rates

Public banks join race to hike deposit interest rates

The four state-owned lenders, Vietcombank, BIDV, Vietinbank and Agribank, have hiked their deposit interest rates by 0.8-1.3 percentage points. After remaining steady for three months, their rates have climbed to 4.9% for one-month deposits made at transactions offices, 5.4% for three months, at least 6% for six and nine months, …

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