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Dat Thanh

Dat Thanh

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PVTrans achieves nearly half of annual profit target in Jan-Apr

HCMC – PetroVietnam Transportation Corporation (PVTrans) has translated 48% of its 2024 profit target into reality, with its pretax-profit reaching an estimated VND460 billion...

Thousands of homes sit empty amid housing shortage

HCMC – At least 18,000 resettlement apartments in Hanoi and HCMC are unoccupied, leading to annual maintenance costs of hundreds of billions of Vietnamese...

Credit rises 9.6% in HCMC in Jan-Apr

HCMC – January-April credit in HCMC grew by 9.6% year-on-year to VND3.5 quadrillion, driven by an increase in long-term credit, according to data from...

Exchange rates under pressure

The sharp increase in imports has once again piled pressure on foreign exchange rates, as evidenced by the continued rise of the U.S. dollar...

Optimizing remittance flows

“Money will flow to the most effective investment channel. HCMC should not worry about the lack of money for development investment. It only needs...

Heatwave sends PV Power’s April revenue up 25%

HCMC – PetroVietnam Power Corporation (PV Power), whose POW shares are traded on the Hochiminh Stock Exchange, reported April revenue of nearly VND3.3 trillion,...

Over 50 gold businesses fined VND2 billion

HCMC – Market surveillance forces have fined more than 50 gold trading businesses in HCMC, Tien Giang, and Ca Mau provinces nearly VND2 billion,...

SJC proposes ending state monopoly on gold bar production

HCMC – The Saigon Jewelry Company (SJC) has proposed the Government abolish state monopoly on gold bar production, allowing businesses to produce gold bars...

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