Monday , November 25 2024

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Steelmaker Hoa Phat reports bigger losses in Q4

Steelmaker Hoa Phat reports bigger losses in Q4

Hoa Phat Group, Vietnam’s biggest construction steel firm, posted net losses of nearly VND2 trillion ($84.7 million) in Q4 last year, higher than the losses of roughly VND1.8 trillion in Q3. The company’s losses in Q3 was its first quarterly loss in 13 years. Hoa Phat made revenues of VND26 …

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Bank Tet bonuses worth up to 10 months of salary

Bank Tet bonuses worth up to 10 months of salary

Tet bonuses for employees at large and medium-sized banks will be equivalent to 1-10 months’ worth of salary, with the highest bonuses going to state-owned bank employees. According to surveys taken by VnExpress before the Tet (Lunar New Year) holiday, leading state-run banks and private banks planned to give bonuses …

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