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VIETNAM BUSINESS NEWS AUGUST 1
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Masan net revenues up 16 4% in H1 - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports
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Valuation of Masan stock rises to new record - VnExpress International
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Target price of Masan stock rises to new heights - VnExpress International
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Worst performers in Q1 revealed Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
14/05/2021 10:43 GMT+7
Despite Vietnamese companies’ total net profit growing 81 percent year-on-year in the first quarter, many still posted big losses.
The national flag carrier Vietnam Airlines (HVN) reported the biggest loss of nearly 5 trillion VND in the first three months of 2021. This amount increased over 90 percent against the same period last year.
The COVID-19 pandemic was the main reason severely affecting the carrier’s business operations.
As of March 31, Vietnam Airlines recorded accumulated losses of over 14.2 trillion VND, exceeding its charter capital and pulling the company s equity from more than 6 trillion VND to over 1 trillion VND.