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Vietnamese corporate financial performance

Updated 1 time since CLSTR started tracking revisions of this situation.

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2026-10-14 04:39 UTC → 2026-10-20 07:39 UTC · added removed

Major Vietnamese companies reported significant profit growth during the 2026 period. Hanoi Beer-Alcohol-Beverage Joint Stock Corporation (HABECO) recorded a 75% increase in profit after tax for the first half of 2026, reaching 314.1 billion VND. The company attributed this growth to market development, favorable weather, and higher deposit interest rates. HABECO’s ownership includes 81.79% state capital and 17.5% held by the Carlsberg Group. Additionally, the company noted significant depreciation of its computer software, which reached nearly 87% of its original cost by June 30, 2026. In the construction sector, Coteccons reported a 73% increase in after-tax profit for fiscal year 2026, totaling 788.4 billion VND, on net revenue of 34,340 billion VND. Following this growth, the firm implemented salary increases of 20% to 25% for many employees and issued bonuses of up to 15 months' salary. While The company ended the fiscal year with a record backlog of approximately 70,000 billion VND, roughly double its annual revenue. For fiscal year 2027, Coteccons has set ambitious targets of 42,000 billion VND in revenue and 1,050 billion VND in profit targets for fiscal year 2027, after tax. Chairman Bolat Duisenov announced a strategic shift toward expanding into the company opted residential construction market for individual customers (B2C) to retain complement its 2026 profits rather than distributing dividends, citing rising inventory levels existing civil, industrial, and cash flow pressures. infrastructure projects. While prioritizing contract safety over pure scale, long-term projections suggest revenue could exceed 72,600 billion VND by 2029.

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  1. 2026-10-20 07:39 UTC Vietnamese corporate financial performance
  2. 2026-10-14 04:39 UTC Vietnamese corporate financial performance

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