Business

Fertiliser firm set to launch IPO

The PetroVietnam Ca Mau Fertilizer Company is set to make an initial public offering on December 11 before listing on the Ho Chi Minh Stock Exchange.
Business

PVN halts 1bln USD in bond sales overseas

The PetroVietnam Group has indefinitely post-poned its planned sale of corporate bonds overseas, the State-owned petroleum giant announced at a press conference on Tuesday.
Society

Historic cinema reopens in Hanoi

The Kim Dong Cinema reopened on September 18 at 19 Hang Bai Street, Hanoi, on the occasion of the 1,000th anniversary of the capital.
Business

Greek credit rating sours markets

Moody's downgrading of Greece's credit rating overnight helped snap a modest five-day rally on the HCM Stock Exchange on June 15, sending the VN-Index off by 0.06 percent to a close of 508.01 points.
Business

Clampdown on slow investment projects

Bac Ninh province’s recent decision to withdraw the investment licence of Republic of Korea-invested IGS Vietnam Co is the latest demonstration of Vietnam’s ongoing efforts to crack down on slow-moving foreign-invested projects.

The investor was licensed two years ago to develop an industrial and residential complex on a site of 630ha at a cost of 240 million USD but failed to obtain financing for the project.
Business

Dong Nai attracts investment

Dong Nai province is one of the top southern provinces attracting domestic and foreign investment in port and hotel projects and is becoming a major investment destination, according to the Ministry of Planning and Investment.