Over 78 percent of businesses listed on HNX report profit in Q2
More than 78 percent of businesses listed on the Hanoi Stock Exchange (HNX), or 268 firms, reported profit in the second quarter of 2020, with combined value of 11.38 trillion VND (491 million USD), down 1.14 percent year on year.
Hanoi (VNA) – More than 78 percent of businesses listedon the Hanoi Stock Exchange (HNX), or 268 firms, reported profit inthe second quarter of 2020, with combined value of 11.38 trillion VND (491million USD), down 1.14 percen꧃t year on year.
According to reports of listed businesses, in the first half ofthis year, total after-tax profit of companies listed on the northern boursereached 10.67 trillion VND, representing a fall of 2.8 percent year on year.Seven out of 11 sectors suffered decrease in profit over the same period in2019. Meanwhile, five out of 11 sectors reported year-on-year increasein profit, with trade-service-accommodation-restaurant and finance sectorsrecording highest rises with 56.8 percent and 11.7 percent, respectively. However, only 17 out of 48 businesses in thetrade-service-accommodation-restaurant enjoyed profit in the first half of2020. At the same time, the sharpest fall in after-tax profit was seenin the real estate sector at 79.4 percent to 103.7 billion VND in the firsthalf of 2020 from 634.3 billion VND in the same period of 2019. It was followedby agro-forestry-fisheries sector with a decrease of 46.9 percent. Downturn was also seen in mining-oil and gas sector at 12.6percent in the first half of this year, mostly because of adverse impacts ofthe COVID-19 pandemic. At the same time, 74 businesses posted losses, with combinedvalue of 711.9 billion VND. Six out of 11 sectors saw year-on-year increases in losses inthe first six months of this year, led by real estate sector which saw totallosses shoot up 341 percent to 121.3 billion VND in the first half of 2020. Themining-oil and gas sector followed with a 225 percent increase in the value oflosses, and transport-warehouse at 241 percent.
The major reason behind the situation was the COVID-19 pandemic,which forced companies to suspend their production and business./.
Listed companies on the Hanoi Stock Exchange (HNX) reported their post-tax profits grew 4.8 percent year-on-year to reach 21.4 trillion VND (912.86 million USD) in 2019.
The after-tax profits of listed companies on the Hanoi Stock Exchange (HNX) reached nearly 4.2 trillion VND (179 million USD) in the first quarter of this year, down 10.3 percent from a year earlier, according to the HNX.
Through 21 Government bond auctions on the Hanoi Stock Exchange (HNX) in July, the State Treasury raised more than 58.67 trillion VND (over 2.5 billion USD), up 80 percent against June.
Experts have made differing predictions about the trend of the local stock market next week, saying it remained hard to forecast as price movements have been sensitive.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Illustrative image (Source: VNA) 
