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Heineken Vietnam reaped hefty profit despite still modest market share

Heineken Vietnam Brewery recorded a profit margin of 40 per cent, much higher than Sabeco's 17.6 per cent but its market share still lagged behind its rival which is dominating the beer industry.

Giant supermarket Big C sharply downturns after ownership transfer

After changing ownership, the operation of Big C in Vietnam is not very optimistic, especially with the decline in business result of Big C Thang Long, one of the largest Big C in Vietnam.

Thaibev plans to reduce Sabeco’s profits by $44 million

According to the business plan proposed by Sabeco's new Board of Management, its profit will drop from nearly $220 million attained last year to $176 million anticipated this year.

HAGL aims to acquire $176 million in revenue from fruit tree sector

HAGL Joint Stock Company or HAGL targets to gain a revenue of $273.5 million and gross profit of $121.7 million in 2018 only.

Dung Quat oil refinery gains $130 million profit in first six months

In the first half of 2018, revenue of Binh Son Refining and Petrochemical (BSR) which operates Vietnam’s first Dung Quat oil refinery is estimated to reach up to $2.4 billion, fulfilling 71 per cent of its full year target.

Coteccons targets merger to reach $3 billion revenue

In the context of a decelerating revenue, the mergers of related companies and the shift to larger value-added businesses may be the potential drivers contributing to Coteccons’ growth in the medium term.

Tan Hiep Phat corporation's profit disclosed to come to personal financial deals

The soft drink and non-alcoholic beverage corporation Tan Hiep Phat seems to use most of its business profit for personal financial activity in which a big cash flow has been circulated through banks to attain interest rate difference for its owner and his relatives.

Lotte declined to sell its entire business in Vietnam despite $35 million of accumulated losses

The mammoth Korean retail group, Lotte has no plan to leave Vietnam despite its current inefficient operation as the group targets to start making profit by 2020.

Taking position in $439 million of pretax profit - race of Tecombank and VPBank

The ambitious targets set by banks in 2018 forecast that the private banks will usurp the state owned commercial ones.

Southeast Asia Joint Stock Commercial Bank purchases Post and Telecommunication Finance Company

The Post and Telecommunication Finance Company which has lost for many years was auctioned with a starting price of VND500 billion (roughly US$22 million) by VNPT on February 1.

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