Stock market sees 23 firms with over $1 billionVietnam’s stock market has 23 companies valued at over 1 billion USD and most of them have reported higher business results in the first half of this year. Vietnam’s stock market has 23 companies valued at over 1 billion USD. In terms of revenue, petrol retailer Petrolimex (PLX) was on the top of the list with over 74 trillion VND (3.25 billion USD), up 26 percent year-on-year. Vietinbank posted first-half profit of 3.9 trillion VND (171.8 million USD) and revenue of 16 trillion VND (704.8 million USD), up 15 percent and 26 percent, respectively. BID’s turnover rose 24 percent to nearly 16.8 trillion VND (740 million USD) but its net profit edged up just 2 percent to over 2.7 trillion VND (118.9 million USD).

Source: VietNamNet News August 10, 2017 04:41 UTC