Thursday, July 31, 2025 8:43:10 AM - Markets open
VN-INDEX 1,507.63 +14.22/+0.95%
HNX-INDEX 261.51 +6.15/+2.41%
UPCOM-INDEX 105.11 -0.96/-0.91%
Majority of groups, corporations fulfil 2019 targets
vietnamplus.vn - 1/17/2020 4:28:46 PM
 (0 ratings. You must sign in to rate.)
A majority of groups and corporations fulfilled 2019 targets assigned by the Committee for Management of State Capital at Enterprises (CMSC), heard a conference in Hanoi on January 16.
 
CMSC Vice Chairman Ho Sy Hung said the total revenue of 19 groups and corporations surpassed 1.48 quadrillion VND (64.2 billion USD) in 2019, up 6.4 percent year-on-year. Their before-tax profit went up 28 percent to over 99.8 trillion VND.
 
Their revenue to the State budget surpassed 221 trillion VND, up 17.6 percent from 2018.
 
The CMSC pointed out that several works are less efficient, causing losses of State capital and assets, while restructuring, equitisation and divestment in State-owned enterprises (SOEs) remain slow.
 
Speaking at the event, Prime Minister Nguyen Xuan Phuc asked the enterprises to perform better in terms of revenue and governance, as well as promptly deal with existing difficulties.
 
CMSC Nguyen Hoang Anh said the committee will continue suggesting amendments and supplements to laws to facilitate restructuring, equitisation and divestment; strengthen managerial staff and representatives of State capital at SOEs, as well as rotate and deploy qualified personnel between the CMSC and SOEs./.
 
VNA
 
Read original article here
 
Newer News
29/07 Private enterprises to be a driving force behind VN's brands
28/07 VIC: Vingroup seeks shareholder approval for business expansion
11/07 HPG: Hòa Phát reported 5 million tonnes in sales during first half of 2025
11/07 Nearly 1,500 household businesses converted into enterprises in six months
07/07 VJC: Vietjet appoints new managing director
07/07 Over 152,000 new businesses enter the market in first half of 2025
02/07 Vietjet launches new Hà Nội–Chengdu route
02/07 HVN: Vietnam Airlines Inaugurates direct Hà Nội–Milan route
30/06 Vinfast inaugurates electric vehicle plant in Hà Tĩnh
24/06 Vietjet launches direct flights connecting Việt Nam and Russia
Older News
17/01 CHPG05MBS19CE: Notice of issue of covered warrant
17/01 LCG: Adjustment of the share distribution time
17/01 NRC: Board Resolution
17/01 NET: Notice of opinion from the Board of Directors about the tender offer of NET shares
17/01 DRC: BOD resolution dated January 16, 2020
17/01 MST: Documents for General Meeting of Shareholders
17/01 MBG: Documents for General Meeting of Shareholders
17/01 LDP: VSD's announcement of cancellation of record date for the Extraordinary General Meeting of Shareholders 2019
17/01 IVS: Board Resolution
17/01 HVA: Explanation for the difference in profit after tax
 
Newsletter Signup
Top Stories
From pioneer to leader: Việt Nam's stock market hits 25-year milestone
New tax plan could discourage stock investment: insiders
MoF proposes 20% tax on capital gains from securities and equity transfers
HNX halts new stock listings in exchange restructuring
Market begins July with optimism, strong foreign investment
Market Update
Last updated at 3:10:03 PM
VN-INDEX 1,507.63 +14.22/+0.95%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.