Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.
Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
While major consumer finance firms in Vietnam have reported strong growth, Mcredit posted an unexpected 87 per cent drop in profit for the first half of 2024.
Phu Thai Holdings has successfully maintained strong profit growth despite the crisis, thanks to its enhanced core capabilities and accelerated development strategy.
Non-financial companies are poised for continued profit growth in the second half of 2024, buoyed by a favorable monetary policy environment.
Vietcombank has announced the highest pre-tax profit in the banking sector for the second quarter and the first half of 2024, even as core revenue streams show a downturn.
This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year
According to leader of Nestlé Vietnam, to achieve sustainable development goals, business leaders should have faith and a commitment to action.
ESG (environment, social, and governance) commitment and capabilities – and going in-depth into the market forces that are driving sustainable investments form one of the four megatrends in ASEAN, said Ng Jiak See, Deloitte Asia Pacific Financial Advisory Leader.
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The business community will be a main driver in economic transformation towards more green and sustainable one.
In support of the Vietnam Government’s aspiring climate goals and COP26 commitment to become a net zero economy by 2050, HSBC Vietnam has announced its commitment to arranging up to $12 billions of direct and indirect sustainable financing for Vietnam, and the corporate sector in Vietnam by 2030.
An authentic commitment to sustainability has benefits for both the revenues and talent retention strategies of manufacturers and brands, creating a positive cycle where the organisation answers the sustainability concerns of employees.
Yields of 4-6 per cent are the right expectations for a sustainable rental return, given that the buyer still enjoys free usage and a potential chance for capital gain in the mid- to long-term, says Savills Hotels APAC.
The national flag carrier has revealed its second quarter’s business results with a VND51.6 trillion ($2.24 billion) in revenue, up 5.5 per cent on-year. Its pre-tax profit has nevertheless been down by almost 11 per cent on-year to VND1.65 trillion ($71.73 million).
