In the first quarter of 2020, the company reported its net revenue was up 11 per cent on-year to VND303.7 billion and post-tax profit gained 14 per cent on-year to VND41 billion. — VNS … [Read more...] about South Korean firm buys 25 per cent of Imexpharm
Identifying how firms manage cybersecurity investment
Last but not least, that Viet Nam has been hailed as one of the countries most successful in controlling the COVID-19 outbreak at low cost, as well as its assistance and provision of medical equipment and face masks to other countries in their fight against the pandemic have helped raise investors’ confidence. This is a good opportunity for Viet Nam to attract investment and recover the economy, creating momentum for long-term and sustainable development. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
The investees account for 97.5 per cent of the fund’s portfolio. Top 10 holdings include Dong Hai Ben Tre JSC (DHC), Vinh Hoan Corporation (VHC), Nam Long Group (NLG), Power Construction JSC No 1 (PC1) and Taseco Air Services (AST). — VNS … [Read more...] about PXP Asset Management to sell investment funds
In the context of the COVID-19 pandemic, Vietnam has been getting a lot of attention as it has managed to cage the outbreak with a sheer iron will, the article said. Vietnam is fast emerging as the preferred destination of multinational firms, it stressed, adding that the Southeast Asian nation is revving up its economic engine and has already restarted domestic tourism. The IMF forecasts that Vietnam is likely to post economic growth 2.7 percent in 2020, while the World Bank has pegged it at 4.9 percent - far greater than regional peers. “Vietnam finds itself in a sweet spot today. It has contained COVID-19, weathered most of the economic storm, and has the right ingredients to take full economic advantage of the post-pandemic scenario”, the article said. Foreign media also ran articles on the assessment of Vietnam’s success in containing the spread of the virus and working for its economic recovery. Axios.com said Vietnam was one of the first in the world … [Read more...] about Vietnam’s economy attractive to foreign investment: int’l media
Petrolimex Insurance Corporation (Pjico Insurance), a subsidiary of state-owned petroleum distributor Petrolimex, has also said that the decrease in gasoline consumption due to low demand for transportation, together with record low gasoline prices during the pandemic, have adversely affected their petroleum goods insurance revenues. … [Read more...] about Vietnam insurance firms expect Covid-19 profit downers