Behind the Profits of Major Corporations

Vinamilk (VNM) reported a revenue of 16.968 trillion VND, a 9% increase in Q3 this year, with after-tax profit reaching 2.511 trillion VND, driven by digital transformation and effective marketing. Similarly, VNG announced a revenue of 2.894 trillion VND, a 12% increase, and after-tax profit soaring to 67 billion VND, a 572% increase. Kinh Bắc (KBC) also achieved a revenue of 1.347 trillion VND, net profit of 307 billion VND, primarily from growth in industrial and real estate sectors. Viettel Global (VGI) reached a revenue of 11.622 trillion VND, a 27% increase, with record after-tax profit of 4.160 trillion VND, due to high growth in investment markets. Lastly, May Việt Tiến (VGG) reported a profit of 119 billion VND, the highest since 2019, thanks to a significant increase in financial revenue and exceeding annual targets, all showcasing positive recovery and growth in the current economic landscape.

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