Banking, real estate sectors post high profits
Most sectors saw profits grow last year in Vietnam, led by banking, real estate and food & beverage. The banking sector recorded the highest after tax profits of all sectors at VND68.01 trillion ($2.92 billion), up 31.3 percent over 2017, according to a recent report by the Saigon Securities Inc (SSI). It also accounted for 25 percent of total profit made by all sectors. Vietcombank remained the most profitable bank with a 61 percent rise in after tax profits over 2017 to VND14.64 trillion ($629 million), according to financial database provider FiinPro.
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