Vietnam's Largest Exhibition Center Operator Earns VND 4.6 Billion Daily from Loans
VEFAC, operator of Vietnam's largest exhibition center, reported VND 415 billion in financial income from loans and investments in the second quarter, averaging VND 4.6 billion daily. The company also benefited from real estate sales, with pre-tax profit reaching VND 504 billion. Nearly half of VEFAC's assets are lent to other entities at an annual interest rate of 12%.
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