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Vinaconex grows by record 34 percent
The Viet Nam Construction and Import-Export Corporation (Vinaconex JSC) grew by a record 34 percent last year.
“This is a turning point for Vinaconex JSC,” its chairman Nguyen Van Tuan told a news conference called to announce the result in Ha Noi on January 23.
The corporation became a joint stock corporation in January 2007 and in its first trial year set a record for growth, he said.
“A short time has yielded our best performance.”
The chairman announced a yearly revenue of 8.2 trillion VND (512 million USD) and a pre-tax profit of 425 billion VND (26.56 million USD).
Of this, 245 billion VND (15.7 million USD) went into the State’s coffers.
All three figures were the highest the corporation had achieved.
The joint stock company’s import-export revenue totalled 88.7 million USD of which 43.5 million USD was from exports.
The revenue target for this year was 9.4 trillion VND (587 million USD) or 14.6 percent more than 2007.
The pre-tax target was 453 billion VND, 6.6 percent higher than in 2007 and 270 billion VND of this would go to State revenue.
VNA
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