Tag: revenue

Total revenue reaching VND89 trillion ($3.38 billion) in the period.

The export revenue up 12% year-on-year in the period.

The sector targets export value of $4.5 billion for the whole year.

Vietnam exports nearly 100,000 tons of pepper in the first five months of 2025.

Vietnam exporting 4.5 million tons of rice in the first five months of 2025.

The group produces 10.5 million tons of raw coal in Q1.

The city attracting nearly 1.64 million foreign visitors in the three-month period.

The Group producing 2.95 million tons of raw coal last month, surpassing its target.

From the first quarter, Samsung’s four factories in Vietnam returned to profitability, recording $1.17 billion in profit.

2022 revenue 35 per cent higher than annual target.

Exports rose 13.4 per cent year-on-year in the first eleven months despite a slight dip in November.

Dr. Alex Pham, who holds a Ph.D. in Property Economics, is a Lecturer at Western Sydney University, and is General Director of FINA, said that one of the main reasons for losses of tax revenue in real estate transactions in Vietnam is a lack of transparency. He suggested it could learn from models in neighboring counties such as Thailand, Malaysia, and Indonesia.

The Hanoi Department of Planning and Investment has said that the capital’s socio-economic situation saw positive results in the first nine months of 2022. Its gross regional domestic product (GRDP) increased 9.69 per cent year-on-year, while State budget revenue rose 13.7 per cent and the Index of Industrial Production (IIP) 8.6 per cent. Hanoi attracted $1.019 billion in FDI in the period, up 18 per cent year-on-year.

Tax revenue has shown signs of deceleration in recent months. To exceed estimates by 15.5 per cent, the tax sector will drastically increase revenue from e-commerce activities and build big data from e-invoices to readily track fraud.

Vietnam’s insurance technology (insurtech) market, which accounts for only 2-3 per cent of total revenue in the insurance market, has a lot of potential to develop. A representative from one insurtech company said the local market is expected to soon reach into the tens of billions of dollars, and the comprehensive application of digitalization in the insurance industry will drive sustainable market growth.

According to Brand Finance, Vinamilk is valued at $2.814 billion, an impressive increase of 18 per cent compared to 2021, and continues to be the most valuable food industry brand in Vietnam. Vinamilk was also honored to receive the title of “The 6th largest dairy brand in the world”. It is currently the only representative of Vietnam and Southeast Asia in the Top 40 largest dairy companies globally in terms of revenue. Its products are exported to 57 countries and territories.

Dubbed “miniature Vietnam” due to its terrain of mountains, islands, plains, midlands, and borders, and with 632 historical, cultural, and scenic sites, including Ha Long Bay, which has been recognized by UNESCO as a World Cultural Heritage, northern Quang Ninh province is becoming a major tourist center in the country. In the first eight months of this year, the province welcomed 8.2 million visitors, with total revenue reaching nearly VND18 trillion ($758 million), up 249 per cent year-on-year.

Figures from the Hanoi Department of Tourism put tourist numbers to the capital at an estimated 13.9 million in the first nine months of the year, an increase of more than four-fold year-on-year. Total revenue is estimated at nearly VND39.7 trillion ($1.67 billion), up 4.7-fold year-on-year. International tourists totaled 766,400 and domestic tourists 13.1 million.

The custom sector’s contribution to State budget revenue in the first seven months of this year totaled more than VND260 trillion ($11.16 billion), a 12.7 per cent increase year-on-year and representing 74.2 per cent of the annual estimate.

Due to sharp increases in materials and transportation costs, the export turnover of wood and wooden products in July fell 5.5 per cent compared to June and 1.6 per cent year-on-year. According to the Timber Association and Forest Trends report, nearly half of surveyed wood enterprises believe their revenue will fall by 40 per cent this year.