Sunday, June 16, 2019 - 12:26:56

Vietnam National Petroleum Corporation Petrolimex

Petrolimex to offer IPO this month

Business

Petrolimex to offer IPO this month

The Vietnam National Petroleum Corporation (Petrolimex), the country’s second largest State-owned firm in terms of turnover, is scheduled to launch its initial public offering (IPO) on July 28 at the Hanoi Stock Exchange (HNX).

Petrolimex okay to equitise

Business

Petrolimex okay to equitise

The Vietnam National Petroleum Corporation (Petrolimex) has received a thumbs-up from the Government to transfer to a shareholding company model with at least 75 percent of its charter capital held by the State.

Fuel wholesale traders to get more money

Business

Fuel wholesale traders to get more money

The Ministry of Finance has agreed that from Feb. 11, petrol wholesale traders would receive more money from the fuel price stabilisation fund to retain stability on the domestic petrol market as the world price of oil has increased to around 105 USD per barrel.

Locally-made fuel gains price edge

Business

Locally-made fuel gains price edge

Domestic demand for the Dung Quat Oil Refinery's petroleum products has been rising sharply due to exchange-rate volatility and an imbalance in foreign-currency supply and demand, said Nguyen Hoai Giang, general director of the Binh Son Refining and Petrochemical Co Ltd, the refinery's operator.