FPT’s profit up 28 percent in first eight months of 2019 Business

FPT’s profit up 28 percent in first eight months of 2019

Vietnam's information technology giant FPT Corporation reported revenue and pre-tax profit of over 17 trillion VND (732.5 million USD) and nearly 3 trillion VND (129.3 million USD) in the first eight months of this year, up 21 percent and 28 percent, respectively.
Doubts remain over EVN’s sub-unit IPOs Business

Doubts remain over EVN’s sub-unit IPOs

The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPOs of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.
Regulations needed to improve monitoring of SOEs Business

Regulations needed to improve monitoring of SOEs

Vietnam should establish specific regulations to enhance the efficiency of monitoring mechanism of the agency representing the owner at State-owned enterprises (SOEs) during the shake-up process of the businesses.
PM urges faster progress of HCM City’s metro project Politics

PM urges faster progress of HCM City’s metro project

Prime Minister Nguyen Xuan Phuc has underlined the Government’s determination to speed up the progress of Ho Chi Minh City’s metro project to serve the city’s development, reduce traffic congestions and effectively use capital.
Dong Nai’s registered capital hits record Business

Dong Nai’s registered capital hits record

The total registered capital and added capital of businesses in Dong Nai province amounted to 24 trillion VND (1 trillion USD) in the first half of 2017, a year-on-year increase of 115 percent.