Some 30 Vietnamese food and beverage producers will showcase their organic products and others at ThaiFex – World of Food Asia 2018, the international food and beverage trade fair held in Bangkok, Thailand from May 29 – June 2.
The Vietnam National Petroleum Group (Petrolimex) and the Japan Cooperation Centre Petroleum (JCCP) has signed an agreement for the second phase of a technical cooperation project on operating the petroleum depot at Petrolimex’s headquarters.
Wholesale petrol traders should make more efforts to raise the market share of bio-fuel E5 in the country, said Deputy Minister of Industry and Trade (MoIT) Do Thang Hai.
Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) have approved a plan to acquire the Hanoi-based Petrolimex Group Commercial Joint Stock Bank in an all-stock deal.
The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
Petrolimex Aviation Fuel JSC is among top Vietnamese brands as part of an award held by the Ministry of Industry and Trade in response to the “Vietnamese people prioritise Vietnamese goods” campaign.
The Vietnam National Petroleum Group (Petrolimex) is ready to issue e-invoices to customers from April 1, according to Deputy General Director Tran Ngoc Nam.
Shares are expected to move modestly in the coming two trading sessions as investors settle trading before the Tet (Lunar New Year) holiday, while concerns remain following recent turbulence in global markets.
Vietnamese shares recouped part of the week’s losses on February 9 as the current massive sell-off across the stock market triggered investors to scoop up stocks at bargain prices.
Vietnamese shares underwent another strong decline on February 6 as investor sentiment remained negative following the selloff that had spread across global markets.
The Vietnam National Petroleum Group (Petrolimex) reported total sales of more than 155.65 trillion VND (6.83 billion USD) last year, a year-on-year increase of 26 percent.
Selling pressure is predicted to extend to this week’s trading, which may have negative impacts on the stock market, in the context of declining trade by foreign investors and unexpected movements in the US market.
The retail price of gas in southern localities will reduce by 1,667 VND (0.07 USD) per kg or 20,000 VND (0.88 USD) per 12kg cylinder from February 1, in comparison with that of January.
Petrol imports totalled 900,000 tonnes, worth 552 million USD in the first month of the year, up 3.5 percent in volume and 10.9 percent in value year on year.
Vietnamese shares advanced on January 15 as large-cap firms were boosted by positive investor confidence that was looking for opportunities in the earnings season.