Wednesday , November 27 2024

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VN-Index closes 8th session in green

VN-Index closes 8th session in green

Vietnam’s benchmark VN-Index rose 0.29% to 1,059.44 points Thursday in its eighth straight session in the green. The index closed 3.11 points higher after gaining 2.04 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 33.03% to VND11.04 trillion ($470.08 million). The VN-30 basket, comprising …

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VPBank eyes $1B profit

VPBank eyes $1B profit

VPBank is expecting a pre-tax profit of VND24 trillion ($1.02 billion) this year, exceeding the $1 billion milestone for the first time since its establishment. The news comes after the bank announced the sale of a 15% stake to a Japanese financial giant. The target, which was announced in a …

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Chili sauce company Cholimex Food posts record profits

Chili sauce company Cholimex Food posts record profits

Cholimex Food reaped revenue of VND3.2 trillion ($137.17 million) and a pre-tax profit of VND277 billion last year, the highest levels reached since its establishment in 1983. The revenue of mainly came from the sale of chili sauce, ketchup, fish sauce and soy sauce, with the domestic market contributing 70%. …

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