Japanese bank eyes EVN’s energy projects Business

Japanese bank eyes EVN’s energy projects

The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group at JBIC.
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.
Institutional, legal weaknesses hamper SOE restructuring: CIEM Business

Institutional, legal weaknesses hamper SOE restructuring: CIEM

Shortcomings in terms of institutions and laws are the main cause of the sluggish restructuring of State-owned enterprises (SOEs), which may fail to fulfill many important targets by the end of 2020, according to the Central Institute for Economic Management (CIEM).
Most SOEs operating at a profit: audit Business

Most SOEs operating at a profit: audit

Most State-owned enterprises were operating at a profit but still needed to improve their operational efficiency, according to a report by the State Audit Office of Vietnam (SAV).
State capital divestment faces pressure Business

State capital divestment faces pressure

Capital divestment from State-owned enterprises (SOEs) had slowed and was still facing difficulties, said Dang Quyet Tien, Director of the Corporate Finance Department under the Ministry of Finance.
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.
PM orders stepping up rice purchase Society

PM orders stepping up rice purchase

Prime Minister Nguyen Xuan Phuc chaired a working session with ministries and agencies in Hanoi on February 19 to discuss the acceleration of rice purchase as a way to improve income for farmers.