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5.4 billion petrochemical complex to resume operations after suspension

$5.4 billion petrochemical complex to resume operations after suspension

Amid declining crude oil prices, which have improved operational efficiency, Thailand’s SCG Group plans to restart the Long Sơn Petrochemical (LSP) complex in Việt Nam at the end of this month.
SHB posts 59 per cent jump in Q2 profit, accelerating growth

SHB posts 59 per cent jump in Q2 profit, accelerating growth

SHB announced a pre-tax profit of more than VNĐ4.5 trillion (US$172 million) in the second quarter, up 59 per cent year-on-year.
SCG reports stable business performance in Việt Nam in H1

SCG reports stable business performance in Việt Nam in H1

SCG said it plans to resume operations at the Long Sơn Petrochemicals (LSP) plant in Việt Nam in late August, following a decline in crude oil prices that has improved operational feasibility.
Masan achieves over 50% of 2025 profit target in strong first-half performance

Masan achieves over 50% of 2025 profit target in strong first-half performance

Masan Group Corporation (HOSE: MSN) has posted solid financial results for the second quarter and first half of 2025, achieving more than 50 per cent of its full-year net profit target.
Vietravel Airlines raises capital to fuel fleet expansion

Vietravel Airlines raises capital to fuel fleet expansion

The capital funding, approved at its 2025 annual shareholders'' meeting late last week, will be supported by Saigon-Hanoi Commercial Joint Stock Bank (SHB).
Small businesses concerned over new tax rules

Small businesses concerned over new tax rules

Experts said taxing profits would be ideal, but is too challenging due to household businesses'' lack of accounting systems. Most operate informally, without financial statements or detailed cost tracking, making profit figures difficult to verify and vulnerable to manipulation.
SCG reports positive business performance in Q1 2025

SCG reports positive business performance in Q1 2025

In Q1, revenue from SCG’s operations in ASEAN (excluding Thailand) reached $698 million. 
NA deputies support extending VAT reduction until end of 2026

NA deputies support extending VAT reduction until end of 2026

Many National Assembly (NA) deputies during discussions on May 21 voiced support for the Government''s proposal to extend the two per cent value-added tax (VAT) reduction through to the end of 2026. 
Coteccons reports strong Q3 results, huge order book, VNDiamond Index inclusion

Coteccons reports strong Q3 results, huge order book, VNDiamond Index inclusion

Coteccons, one of Việt Nam’s leading general contractors, secured VNĐ23 trillion (US$885.1 million) in new contracts in the first nine months of 2024-25 (until March 31, 2025).
ABBANKs pre-tax profits more than double

ABBANK’s pre-tax profits more than double

An Bình Commercial Joint Stock Bank (ABBANK) achieved pre-tax profits of VNĐ407 billion (US$15.6 million) in the first quarter, a 128 per cent increase from the same period last year.
HCM Citys leading enterprises embrace innovation in new era

HCM City’s leading enterprises embrace innovation in new era

Currently, HCM City''s businesses contribute over 50 per cent of the city’s GRDP, 67 per cent of total investment, and 25 per cent of national import-export turnover.
Petrovietnam and Vinachem strengthen tech partnership

Petrovietnam and Vinachem strengthen tech partnership

The agreement focuses on collaboration in research, training, innovation, transforming green production and the development of products serving the semiconductor, new energy, electronics and automation industries.
Vicostone targets 9.2% revenue growth in 2025

Vicostone targets 9.2% revenue growth in 2025

The company also expects a pre-tax profit of VNĐ975 billion, reflecting a 2.3 per cent rise compared to the previous year. 
PVOIL aims for 15 per cent revenue growth in 2025

PVOIL aims for 15 per cent revenue growth in 2025

In 2024, PVOIL achieved a total revenue of over VNĐ131 trillion, up 19 per cent year-on-year.
Top five localities with the largest economies in 2024

Top five localities with the largest economies in 2024

The top five localities with the largest gross regional domestic product (GRDP) in Việt Nam for 2024 are HCM City, Hà Nội, Bình Dương, Đồng Nai and Hải Phòng.