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Vietnam's HDBank eyes 25 per cent jump in profit in 2021


Nguyen Thị Phuong Thao, permanent deputy chairwoman of HDBank, presents the lender’s profit distribution and dividend payment proposals for 2020 and plans to increase its charter capital in 2021 at the AGM held in HCM City on April 23. - Vietnam News/ANN
HO CHI MINH CITY, April 25 (Vietnam News/ANN): The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) targets profit before tax of VNĐ7.281 trillion (US$315,741 million), an increase of 25 per cent from 2020.
The information was released at its annual general meeting of shareholders held in HCM City on April 23. At the AGM, shareholders approved all the statements and proposals by the board of directors. ....

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HDBank profits top $251.8m, income from services up by half - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

HDBank achieves 2020 targets, bad debts ratio at a mere 0.93% - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
January, 28/2021 - 18:02
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An HDBank transaction office in HCM City. HDBank met all its business targets last year despite the challenges posed by the COVID-19 pandemic. Photo courtesy of the bank
HCM CITY The HCM City Development Joint Stock Commercial Bank (HDBank, HoSE: HDB) has released its 2020 financial statements showing consolidated pre-tax profit of VNĐ5.82 trillion (US$253.6 million), which represents an increase of 15.9 per cent from the previous year and 102.8 per cent of its target.
HDBank overcame numerous challenges in 2020 to achieve high growth, in the process exceeding all its targets.
Its total consolidated assets grew by 39.1 per cent to VNĐ319 trillion ($13.88 billion), or 104.5 per cent of the target. ....

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VIETNAM BUSINESS NEWS JANUARY 27


VIETNAM BUSINESS NEWS JANUARY 27
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 27/01/2021
  
10:15
GMT+7
More taxes collected from online businesses
More people have come to pay taxes for their online businesses in Hanoi in 2020.
Mai Son, head of Hanoi Taxation Department, said e-business has strongly developed in Vietnam and worldwide. In 2020, Hanoi collected VND123bn (USD5.3m) in taxes, five times higher than the collected taxes in 2019. Most of the taxpayers are individuals, he said.
A woman from Cau Giay District paid VND23.4bn (USD1m) after earning VND330bn last year from writing and published her apps on Google Play and App Store. Another man paid over VND18bn from his VND260bn income also from writing mobile apps. According to the Hanoi Taxation Department, another person paid over ....

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