35.3 C
Ho Chi Minh City
Tuesday, August 19, 2025

spot_img

TAG

national economic growth

New growth cycle

The Q2 2025 business performance report indicates encouraging results, with market-wide profits rising over 30% compared to the same period last year and up 21.6% for the first half of the year. Profit recovery Based on data from 670 out of 723 businesses listed on the Hochiminh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX)—representing approximately 99% of total market capitalization—after-tax profits in Q2 saw a significant surge. The non-financial sector posted a robust year-on-year increase of 42.2%, while the financial sector rose by 23.8%. Cumulatively, market-wide profits for the first half of the year grew 21.6% compared to the same period in 2024, with the non-financial group up 23.9% and the financial group up 20.4%. Notably, Q2 growth was more evenly distributed across industries compared to previous quarters. Leading sectors in year-on-year profit growth for Q2 included consumer services (+97.2%), utilities (+74.3%), consumer goods (+53.2%), and finance (+53.2%). Healthcare was the only sector to report a decline, with profits falling 4.7% compared to the same period last year. Over the first six months of 2025, utilities, finance, and consumer goods maintained their leading positions, posting respective growth rates of 71.4%, 41.3%, and 32.1%. In contrast, healthcare and oil […]
To read more, please click here.

Flicking through business situation

The Ministry of Planning and Investment’s 2022 white book on Vietnamese enterprises showed that there were 811,538 businesses in Vietnam as of December 31,...

GE announces new contract with EVNGENCO 3

HCMC – GE on October 26 announced a new contract with Vietnamese state-owned power utility Power Generation Joint Stock Corporation 3 (EVNGENCO 3) to...

Latest news

spot_img