Many firms optimistic about business in Q2 Business

Many firms optimistic about business in Q2

Many enterprises in the manufacturing and processing industry are optimistic about the outlook for the second quarter of 2020, according to a survey conducted by the General Statistics Office (GSO).
Indonesia’s budget deficit forecast to reach 2.2-2.5 pct of GDP World

Indonesia’s budget deficit forecast to reach 2.2-2.5 pct of GDP

Indonesia's state budget deficit is expected to reach 2.2-2.5 percent of the country’s gross domestic product (GDP) this year as the new coronavirus-caused acute respiratory disease (COVID-19) has hindered global economic activities, Finance Minister Sri Mulyani Indrawati said.
Twelve SOEs report losses in 2019 Business

Twelve SOEs report losses in 2019

The Ministry of Finance has revealed that twelve out of 136 wholly state-owned enterprises had posted losses of 720 billion VND in total (31 million USD) in the first half of last year, and six others faced warnings regarding financial security.
PetroVietnam in need of investment capital Business

PetroVietnam in need of investment capital

Demand for investment capital at the Vietnam Oil and Gas Group (PetroVietnam) and its member units for 2018-20 is estimated to reach 620 trillion VND (26.7 billion USD), PetroVietnam Securities Inc (PSI) recently announced.