March

TRACODI Has Been Approved to Become a Public Company

On March 7th, 2017, State Securities Commission of Vietnam has issued Decision No. 1172/UBCK-GSĐC approving of TRACODI (TCD) becoming a public company. In 2016, TCD’s total assets reached 2,449 billion VND and equity more than doubled up to 380 billion VND. Net revenue was 835 billion VND and after-tax profit was 60.7 billion VND, or 338% and 138% up compared to 2015, respectively. The company also sets revenue targets of 918 billion VND for 2017 and 1,029 billion VND for 2018.