Sunday, July 23, 2017 - 5:58:11

Corporate social responsibility award 2009 launched

Business

Corporate social responsibility award 2009 launched

The Corporate Social Responsibility Award 2009, which for the first time since its launch in 2005 targets businesses of all economic sectors operating in Vietnam, was launched on July 7 by the Vietnam Chamber of Commerce and Industry (VCCI).

EPC contract signed for Mao Khe thermal power plant

Business

EPC contract signed for Mao Khe thermal power plant

The Vietnam Coal-Mineral Industries Group (Vinacomin) and China ’s KAIDI Electric Power Co. Ltd signed an engineering, procurement and construction (EPC) contract worth 429.5 million USD for the Mao Khe Thermoelectric Power Plant, in Hanoi on July 7.

Vinh Phuc licenses 40 new projects

Business

Vinh Phuc licenses 40 new projects

The northern province of Vinh Phuc has managed to attract over 40 new projects since the beginning of the year, worth a total of 136.7 million USD, despite the impacts by the global economic crisis.

Markets bounce back

Business

Markets bounce back

The VN-Index managed to recover some of its footing on July 6, bouncing back to 454.27 points, an increase of 4.32 percent.

Greenhouse system for Phu Quoc Island

Business

Greenhouse system for Phu Quoc Island

A hi-tech greenhouse system imported from Israel early this year has helped meet the demand for organic vegetables on Phu Quoc island, which must transport most of its needed produce from the mainland.

Service sector at core of economic strategy

Business

Service sector at core of economic strategy

The Government has issued an action plan on service sector development for the 2009-11 period, focusing on legal tools, financial sources, human resource development, the environment and natural resources.

Local banks perform well, beef-up capital

Business

Local banks perform well, beef-up capital

The State Bank of Vietnam has recently agreed to allow some commercial joint stock banks to issue more shares to increase their chartered capital from now to the end of this year in order to further sharpen their competitive edge.

SCIC plans massive share sell-off

Business

SCIC plans massive share sell-off

The State Capital Investment Corporation (SCIC) plans to reduce its stake in 200 enterprises, in which it represents the State as a shareholder. The SCIC is now managing State stakes in many small enterprises in which State holdings were unnecessary, said Minister of Finance Vu Van Ninh.

WB helps upgrade Mekong delta major cities

Business

WB helps upgrade Mekong delta major cities

The World Bank (WB) has selected five major cities in the Mekong delta to help upgrade infrastructural facilities and improve social welfare, according to Deputy Chairman of My Tho city’s People’s Committee Nguyen Hoang Dam.

Stocks shake off three-day slump

Business

Stocks shake off three-day slump

Domestic stocks managed a three-day losing streak on July 2, with the VN-Index closing up a modest 0.88 percent to 433.79.

High-profile newcomers Vietcombank (VCB) and Bao Viet Holdings (BVH) both plummeted on July 2. VCB closed off 4.13 percent to 58,000 VND, while BVH dropped 4.95 percent to end the day at 48,000 VND.