25.6 C
Ho Chi Minh City
Friday, July 19, 2024

spot_img

TAG

Business conditions

Business health and macroeconomic factors

The Q1/2024 financial statements of listed companies indicate a significant improvement compared to the same period of 2023, although profit growth slowed a bit over the fourth quarter of 2023. The worst period is over Regarding the 2024 profit targets of listed firms and their achievements in the first quarter of 2024, it is apparent that these companies have got through the most challenging period. According to profit data from 583 listed companies on the HOSE and HNX stock exchanges (representing 84% of market capitalization at the end of 2023), their profit slumped in the fourth quarter of 2022, recovered in the following two quarters, then declined again in the third quarter of 2023 before gaining more solid growth in the recent two quarters. Based on data from 400 listed companies on the HOSE and HNX (accounting for 74% of market capitalization at the end of 2023) that have announced their business plans for 2024, the average profit growth target is 19.4% compared to the actual performance in 2023, and the first quarter of 2024 has seen an average of 24.3% of the annual plans achieved. Therefore, businesses overcame the most challenging period in 2023. Recovery still shows differentiation Although […]
To read more, please click here.

Enterprises optimistic about Q2 business conditions

HCMC— A majority of Vietnamese industrial firms are optimistic about their business prospects in the second quarter of this year despite ongoing global economic...

Vietnam’s manufacturing sector still in distress

HCMC – Vietnam's manufacturing sector has continued to struggle, with the S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) remaining below the no-change mark...

Vietnam sees employment uptick after six months of decline

HCMC - The Vietnamese manufacturing sector continued to grow at a solid pace in December 2021 and saw job creation resume following a six-month...

Business conditions deteriorate in July after a rebound in June

HCMC - After returning to growth in June, the Vietnamese manufacturing sector took a step back in July, seeing declines in output and new...

Latest news

spot_img