In the third quarter, MBB reported an increase of 6.1 per cent year-on-year to more than VND6,735 trillion in revenue. The bank’s profit after tax rose 8.3 per cent to VND2.357 trillion. In the first nine months of last year, the profit after tax climbed 6.4 per cent year-on-year to nearly VND6.332 trillion. … [Read more...] about Bao Minh Insurance plans to divest from MBB
Microsoft corporate bonds
VIMC strives to become regional brand name
VIMC incurred losses for three consecutive years from 2012 to 2014, even on the verge of bankruptcy. The losses were attributed to hot development and prolonged recession of the world maritime market, as well as strong investment in its fleet. In addition, VIMC also accepted to receive loss-making businesses under the Shipbuilding Industry Corporation, increasing the burden of having to provide financial assistance to repair the old fleet and support the operation of the fleet, as well as handling vessels that have stopped working for many years. … [Read more...] about VIMC strives to become regional brand name
HCMC metro consultant asked to conduct personnel review after breach of contract
Earlier this month, a team of independent inspectors found another pad had moved from its position on the elevated section and does not fit properly. Around half the pads used were made in Malaysia and imported from South Korea. The rest were made in Japan. … [Read more...] about HCMC metro consultant asked to conduct personnel review after breach of contract
VIETNAM BUSINESS NEWS JANUARY 24
Dang Hung Vo, former Deputy Minister of Natural Resources and the Environment, acknowledged that the trend of investing in real estate projects in satellite cities and provinces is a given. “Once inner-city land funds become unavailable, it is inevitable that real estate developers move to the surrounding areas. As for end-users, when infrastructure develops and roads are convenient, living in neighbouring urban areas is a very good choice,” Vo said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24