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.
Unprofitable State projects show signs of recovery Business

Unprofitable State projects show signs of recovery

The Ministry of Industry and Trade (MoIT) has reported some positive signs in the handling of 12 major State-owned projects that have long reported losses, as some have managed to resume operations after suspensions or even record profits.
Pollution hotspots need much stricter control Environment

Pollution hotspots need much stricter control

Fewer new pollution hotspots have been found in Vietnam in the past few years, but vigilance is needed to control potential risks, the Ministry of Natural Resources and Environment’s Vietnam Environment Administration has said.
667 SOEs equitized but yet listed Business

667 SOEs equitized but yet listed

As many as 667 equitized State-owned enterprises (SOEs), including many big names, have yet to list their shares on the stock exchanges so far, said Minister of Finance Dinh Tien Dung on November 21.
SOEs failed to disclose business information to be punished Business

SOEs failed to disclose business information to be punished

The Ministry of Planning and Investment (MPI) has just asked the Government to handle the state-owned enterprises (SOEs) which failed to disclose their business information in 2017 in line with the Government’s Decree 81/2015/ND-CP issued in September 2015.
Ministry acts first on environment Environment

Ministry acts first on environment

The Ministry of Natural Resources and Environment has asked agencies to comment on its special project to control companies thought to be likely of polluting the environment - even industries not yet in operation, such as power plants.
 Thai firm keen on 100 percent stake at LSP Business

Thai firm keen on 100 percent stake at LSP

Thailand’s SCG Group wants entire stake of the Vietnam Oil and Gas Group (PetroVietnam) to own 100 percent of the Long Son Petrochemicals (LSP) Complex in the southern province of Ba Ria-Vung Tau.
Consumer finance lures foreign firms Business

Consumer finance lures foreign firms

Consumer finance is proving to be an attractive sector with the number of foreign companies rising through mergers and acquisitions, the news site cafef.vn reported.