July 26, 2011
Eximbank of Vietnam said on Tuesday its net profit in the first half rose 78.9 percent from a year earlier to VND1.27 trillion (US$61.8 million). Ho Chi Minh City-based Eximbank said in a financial statement that total assets as of the end of June rose nearly 9 percent from the end of 2010 to [...]
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April 27, 2011
Sacombank, Vietnam’s fifth-largest partly private lender by assets, reported first quarter net profit rose nearly 12 percent to VND452.98 billion (US$22 million). Total assets as of March 31 slipped 1.2 percent from the end of 2010 to VND140.10 trillion, the Ho Chi Minh City-based bank said in a statement on its business results excluding [...]
Tags: 12 Percent, assets, First quarter, Gross Profit, March 31, Net Profit, percent, Percent From The, profit, Sacombank, This year, Total Assets, trillion, Trillion Dong
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February 23, 2011
Vietnam’s Eximbank, 15 percent owned by Japan’s Sumitomo Mitsui Financial Group (SMFG), said its net profit surged 60 percent to VND1.82 trillion ($87 million) last year. The lender earned VND586.8 billion in net profit in the fourth quarter last year, up 261 percent from the same period a year earlier, it said in a [...]
Tags: Eximbank, Last year, Net Profit, percent, profit
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January 4, 2010
LookAtVietnam – A new capital gains tax on stock investments has come into effect, but insiders say it won’t change much on the market. Under the Personal Income Tax Law effective January 1, stock investors must pay either 0.1 percent of the value of each transaction or 20 percent on their net profit for the [...]
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January 3, 2010
A new capital gains tax on stock investments has come into effect, but insiders say it wonât change much on the market. Under the Personal Income Tax Law effective January 1, stock investors must pay either 0.1 percent of the value of each transaction or 20 percent on their net profit for the year.Investors choosing [...]
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August 28, 2009
Bank of China (Hong Kong) said Thursday its half-year profit fell by 5.6 percent from a year earlier, dragged lower by falling interest income amid the deepening economic downturn. The bank’s net profit for the six months ending June 30 amounted to 6.69 billion Hong Kong dollars, down from 7.09 billion Hong Kong dollars in [...]
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August 24, 2009
China Petroleum and Chemical Corporation (Sinopec) said Sunday its net profit in the first half of 2009 rose 332.8 percent year on year because of adjusted refined oil prices in domestic market. Under international accountant rules, Sinopec’s net profit totaled 33.25 billion yuan (4.87 billion U.S. dollars) in the first half with earnings per share [...]
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August 13, 2009
Thai developer to build middle income housing in Hai Phong; Mekong Capital sells stake in local wood exporter; Foreign investment surpasses 5-year targets Yen Bai province should tap its rich mineral potentials to develop certain industries such as mining, hydropower and construction materials to lift itself out of poverty, said Prime Minister Nguyen Tan Dung. At [...]
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July 29, 2009
Chinese listed banks, which have lent record high amounts in the first half, are likely to report lower profit growth in the period due to narrowing interest spreads and higher provisioning requirements, industry analysts said. Clients walk into the Suzhou branch of Bank of Ningbo in Suzhou, east China’s Jiangsu Province, March 27, 2009.The bank, [...]
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June 20, 2009
Real estate developers bypassed the sluggish property market last year to record steady profits from construction rather than rentals and such. Construction Joint Stock Company No. 5 (SC5) made VND34.9 billion in after-tax profit last year, mainly from building under contract. The company is forecasting a net profit of VND46 billion (US$2.58 million) for 2009 and [...]
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