[REVISION HISTORY]
Vietnam private sector and economic performance
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2026-10-30 04:48 UTC → 2026-10-31 01:20 UTC ·
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The Vietnam Private Sector Forum 2026 concluded with 31 local dialogue sessions aimed at improving public-private collaboration. The forum recorded 1,071 business initiatives, with approximately 81.2% of submissions being addressed or accepted for further research. Business concerns focused on administrative procedures, access to capital, land, logistics, and digital transformation. Concurrently, Financial performance across various Vietnamese industries reported diverse financial performance for the first nine to ten months of 2026. The energy sector saw revenue increases, while 2026 has shown divergent results. In the petroleum energy and mining sector, Vietnam National Coal and Mineral Industries Group (TKV) reported a 15% increase in revenue. The oil and gas transport sector showed mixed results between profit saw significant growth and losses for PVTrans, which recorded a 60.61% increase in after-tax profit, though other firms like Vitaco faced profit declines due to maintenance costs. Retail and manufacturing sectors, including FPT cost pressures. The retail and consumer sectors displayed varying trends. Major retailers like MWG saw a 93% increase in after-tax profit, and Vincom Retail reported a daily profit of nearly 17 billion VND. Conversely, jewelry retailer PNJ reported a significant loss of approximately 996 billion VND over the last two quarters, attributed to gold price volatility and Hòa Phát Group, changing market demand. In the pharmaceutical sector, companies like Domesco and Vidipha saw growth, while DHG experienced a sharp decline in profit. In real estate, Sunshine Group reported strong financial results a nine-month pre-tax profit exceeding 5.9 trillion VND, and significant contributions Novaland achieved a profit of over 2.8 trillion VND. Additionally, Hoa Phat Group contributed over 12 trillion VND to the state budget. budget during this period, driven by strong steel production.
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- 2026-10-31 01:20 UTC Vietnam private sector and economic performance
- 2026-10-30 04:48 UTC Vietnam private sector and economic performance
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