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Lotus Records Highest Profit in 3 Years, Invests 1.25 Trillion VND in Long Thanh...

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Hoa Sen Group (HOSE: HSG) reported a net profit of VND 85 billion in the fourth quarter of the 2024-2025 fiscal year, despite significant challenges in the export of galvanized steel sheets in recent months.

Deputy Prime Minister Le Thanh Long: Public Debt Significantly Below Regulatory Limits; Development Investment...

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Deputy Prime Minister Le Thanh Long announced a significant shift in Vietnam's state budget allocation. The current term prioritizes development investment, allocating 32-33% of the budget, compared to 28% in the previous term. Concurrently, recurrent expenditures have been reduced to 57-58%, down from 63.2%. Looking ahead, the 2026-2030 plan aims to further increase development investment to 40%, while recurrent spending is projected to decrease to approximately 50.7%.

Why Do Many Businesses See Their Profits Vanish?

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In this year's third-quarter financial reporting season, numerous businesses have voiced concerns over significant disparities in their financial performance compared to the same period last year. Some companies have experienced near-total evaporation of sales revenue, resulting in a sharp decline in profits.