Deputy PM urges finalisation of SOEs list to make divestment during 2017-20

Deputy PM urges finalisation of SOEs list to make divestment during 2017-20

NDO – Deputy Prime Minister Vuong Dinh Hue has requested that the Ministry of Planning and Investment (MPI) promptly submits a decision publicising the list of State-owned enterprises (SOEs), whose State capital is to be sold during the 2017-2020 period, to the Prime Minister for signing. (Aug 16, 2017)

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PVN sells 355 million tonnes of crude oil in 30 years

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NDO - The National Oil and Gas Group (PVN) has sold a total 355 million tonnes of crude oil since the first batch of crude oil was extracted from the Bach Ho field in April 1987, bringing about a huge source of foreign currencies for the country.  

Brand development crucial for Vietnamese goods to enter EU market

  Jul 20, 2017
NDO – Vietnamese exporters should focus on updating technologies and building strong brands for their products, while regularly reviewing and updating import policies of partners to export their goods to the European market, experts have suggested. 

PetroVietnam urged to handle inefficient projects

  Jul 20, 2017
NDO - The Vietnam National Oil and Gas Group (PetroVietnam) has been urged to accelerate the handling of lingering loss-making projects, in line with market mechanisms.  

Vietcombank to establish subsidiary in Laos

  Jul 18, 2017
NDO - The Commercial Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank) will set up a 100% owned subsidiary bank in Laos, following approval from the State Bank of Vietnam (SBV).  

Vietinbank leads Vietnamese banks in Top 1000 World Banks 2017

  Jul 14, 2017
NDO - Vietinbank holds the highest position among Vietnamese banks listed in the Top 1000 World Banks 2017 recently announced by TheBanker, the global financial intelligence agency since 1926.  

Over half of companies confident of better performance in Q3

  Jul 12, 2017
NDO/VNA – More than half of processing and manufacturing companies expect better business performance in Q3, according to a recent survey conducted by the General Statistics Office (GSO).  

PV GAS D and Ho Tram sign deal on VND1.5 trillion gas power plant

  Jul 08, 2017
NDO - PV GAS D, a subsidiary of the national oil and gas group PVN, has signed a memorandum of understanding with Ho Tram Project Co. Ltd (HTP) to build a power plant using gas provided by the former.  

Viettel main factor of telecom boom in Vietnam: Defence Minister

  Jul 07, 2017
NDO/VNA – The military-run telecom group Viettel is the main factor creating a boom in telecommunications in Vietnam, contributing to completing the national target of universalising telecom services ahead of schedule, said Defence Minister General Ngo Xuan Lich.  

Vinalines valued at over VND16.7 trillion

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NDO - The overall value of Vietnam National Shipping Lines (Vinalines) for equitisation was determined at VND16,741 billion (US$736.60 million) including VND10,144 billion (US$446.33 million) worth of State capital.  

Nearly 11,000 new enterprises established in June

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Vinalines Container launches first lighterage service in northern region

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NDO/VNA – The Vinalines Container Shipping Company, a subsidiary of the Vietnam Shipping Lines (Vinalines), on June 23 launched its first-ever waterway lighterage service in the northern region, focusing on the Hai Phong-Viet Tri route. 

Vietjet and Safran sign SFCO2 agreement

  Jun 22, 2017
NDO – Vietnam’s budget airline Vietjet Air signed the SFCO2 agreement with Safran Group for fuel efficiency solutions on June 22, under the framework of the Paris Airshow 2017. 

Vinatex urged to enhance productivity

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NDO - A working group of the Prime Minister headed by Minister and Head of the Government Office, Mai Tien Dung held a working session with the Vietnam National Textile and Garment Group (Vinatex) on June 20.  

Phuong Nam pulp mill to be auctioned in mid-July

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NDO - The loss-making company Phuong Nam Pulp Mill, a subsidiary of the Vietnam Paper Corporation (Vinapaco), is scheduled to be auctioned off on July 14 with an initial price of VND1.885 trillion (US$82.94 million).