Thursday, November 15, 2018 - 17:04:21

crude oil

Malaysia-Vietnam joint venture wins 176 mln USD contract

Business

Malaysia-Vietnam joint venture wins 176 mln USD contract

The Malaysia Vietnam Offshore Terminal Ltd. (MVOT), a joint venture between PetroVietnam Technical Services Corp and Malaysia’s MIBS Bhd, has won a 176 million contract to provide equipment for Idemitsu Kosan to develop the Sao Vang-Dai Nguyet gas project.

Export revenue drops in October

Business

Export revenue drops in October

Export revenue in October topped 20.8 billion USD, a drop of 1.5 percent from the previous month, but increasing 2.3 percent compared to the same period last year, according to the Ministry of Industry and Trade.

Lower corporate income tax on SMEs proposed

Business

Lower corporate income tax on SMEs proposed

Corporate income tax levied on small and medium–sized enterprises (SMEs) should be reduced to promote the business development, a solution together with broadening tax base to increase budget revenue from business and production.

Concern grows over Tet price hikes

Business

Concern grows over Tet price hikes

The petrol retail price saw its highest surge so far this year on Saturday, raising concerns over unpredictable impacts to the economy and the possible increase of goods prices during the upcoming Tet (Lunar New Year) holidays, experts said.

PVTrans’ pre-tax profits soar over nine months

Business

PVTrans’ pre-tax profits soar over nine months

The pre-tax profit of the PetroVietnam Transportation Corporation (PVTrans) hit 540 billion VND in the first nine months of this year, 42 percent higher than the same period last year and meeting the target set for this year.