Former Petrolimex officials punished for violations Politics

Former Petrolimex officials punished for violations

The Inspection Commission of the Party Central Committee has proposed taking disciplinary measures against Bui Ngoc Bao, a former leader of the Vietnam National Petroleum Group (Petrolimex) for violations by the Standing Board of the group’s Party Committee.
Stronger reforms needed to facilitate economic performance: PM Business

Stronger reforms needed to facilitate economic performance: PM

Addressing the Government’s meeting on October 2, Prime Minister Nguyen Xuan Phuc requested ministries, sectors and localities to push ahead with stronger reforms to promote production and business activities amid several challenges to and problems of the economy.
PM to chair conference on SOEs Politics

PM to chair conference on SOEs

Prime Minister Nguyen Xuan Phuc will chair a conference on renovating and improving the operational efficiency of State-owned enterprises (SOEs), slated for late September or early October.
PM Nguyen Xuan Phuc hails defense-purposed land use Politics

PM Nguyen Xuan Phuc hails defense-purposed land use

Prime Minister Nguyen Xuan Phuc on August 8 had a working session with the Ministry of National Defence on the management and use of the land for national defence purposes in the economic production and building in association with military missions.
M&A value reaches 5.43 billion USD in seven months Business

M&A value reaches 5.43 billion USD in seven months

The value of the merger and acquisition (M&A) deals in Vietnam reached 5.43 billion USD in the first seven months of this year, according to data released on July 23 by the AVM Vietnam, a co-organiser of the Vietnam M&A Forum 2019.
Vietnam - a magnet for M&A deals Business

Vietnam - a magnet for M&A deals

Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
Politburo issues disciplinary warning against former Deputy PM Politics

Politburo issues disciplinary warning against former Deputy PM

The Political Bureau of the Communist Party of Vietnam Central Committee on July 19 decided to issue a disciplinary warning against Vu Van Ninh, former member of both Party Central Committee and Government’s Party Civil Affairs Committee and former Deputy Prime Minister.
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.