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Lender ACB profits skyrocket By Phuong Dong April 7, 2021 | 04:00 pm GMT+7 An ACB branch in Nam Tu Liem District, Hanoi. Photo acquired by VnExpress. Lender ACB reported a 61.3-percent surge in profits in the first quarter to VND3.1 trillion ($134 million). Its credit growth was 4 percent. CEO Do Minh Toan said: [While] the results in the first quarter were fine, the bank’s growth in the next nine months remains uncertain since the pandemic is threatening to break out at any time. ACB has a full-year profit target of VND10.6 trillion ($460.8 million), 10 percent higher than last year. If it manages to achieve it, it will join a select group of lenders to surpass the VND10 trillion mark comprising state-owned lenders Vietcombank, VietinBank and MBBank, Vietnam s largest private bank Techcombank and VPBank. ....
Business managers make big money as share prices rise Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 15/12/2020
08:48 GMT+7 The managers of large corporations have made big money recently as share prices have soared. PNJ managers PNJ shares of Phu Nhuan Jewelry unexpectedly witnessed a sharp price fall of 6.9 percent on December 10 to VND73,000 per share, which caused the capitalization value of the enterprise to decrease by VND1.24 trillion. Tran Hung Huy of ACB PNJ had increased sharply in the last four months, from VND50,000 per share in late July to VND78,500. Two months ago, PNJ announced a plan to issue 2.3 million ESOP shares to workers, equal to 1.03 percent of total amount of shares in circulation. ....