Vietnam Airlines logs less-than-expected loss Business

Vietnam Airlines logs less-than-expected loss

Vietnam Airlines Corporation anticipated a loss of 12 trillion VND, or 2.42 trillion VND lower than previous prediction, it said at the extraordinary shareholders’ meeting on December 29.
80 percent of State-owned economic groups earn profits Business

80 percent of State-owned economic groups earn profits

Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.
Vietnam, Cuba discuss reform of SOEs Business

Vietnam, Cuba discuss reform of SOEs

A two-day seminar discussing the role of State-owned enterprise (SOEs) reform in socio-economic development opened in Hanoi on April 17, as part of the Vietnam-Cuba friendly cooperation framework.
Retired officials must wait before founding private firms Society

Retired officials must wait before founding private firms

Retired government officials will not be allowed to found, own or run private companies in areas under the jurisdiction and management of their former posts for at least six months after retirement, heard a conference in Hanoi on March 27.
Chairman of Quang Ninh thermal power company arrested Society

Chairman of Quang Ninh thermal power company arrested

The police investigation agency of the northern province of Quang Ninh on March 25 arrested Le Duy Hanh, chairman of the board of directors of Quang Ninh Thermal Power Joint Stock Company, serving their investigations into his alleged abuse of power.