PNJ eclipes rival SJC in profit margins Business

PNJ eclipes rival SJC in profit margins

The country’s biggest gold bar trader, Saigon Jewellery (SJC), recorded gross profit margin at 0.57 percent in 2015, much lower than the 15 percent posted by competitor Phu Nhuan Jewellery (PNJ).

VNPT restructuring for sustainable telecom development

The Ministry of Information and Communications is determined to restructure telecommunications businesses this year including splitting the mobile service provider MobiFone from the Vietnam Posts and Telecommunications Group (VNPT) and establishing a mobile information corporation, reported the online Vietnam Economic News.

Efforts called to build decrees for revised Land Law

Ministries and sectors are urged to accelerate the drafting of decrees detailing several articles of the revised Land Law, which was adopted by the 13th National Assembly at its 6th session in 2013 and will take effect on July 1, 2014.

Competitive power generation on track

Preparations for a competitive power generation market in July have almost reached completion, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong.