Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »Expressway tycoon sees profits jump 20 times
State-run Vietnam Expressway Corporation (VEC) reported a 20-fold surge in post-tax profits to VND155 billion ($6.68 million) last year thanks to financial income. Its revenues were down by 11 percent to VND3.26 trillion while the cost of goods sold rose by 11 percent to VND1.1 trillion, resulting in a 19-percent …
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