Vinaconex to increase foreign ownership Business

Vinaconex to increase foreign ownership

The Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex or VCG) plans to eliminate and amend some business lines to open more room for foreign investors, to 49 percent.
PV Power posts positive results in five months Business

PV Power posts positive results in five months

PV Power, an subordinate company of the Vietnam Oil and Gas Group (PetroVietnam), reported positive business results in the first five months of this year despite difficulties the company faced in generating power.
Vinalines buys backs 75 percent stake in central port Business

Vinalines buys backs 75 percent stake in central port

State-owned Vietnam National Shipping Lines (Vinalines) has paid 415 billion VND (17.8 million USD) to reacquire a 75 percent stake in Quy Nhon Port JSC, which it had sold illegally to Hop Thanh Investment & Mineral JSC without the Government’s approval.
Vinalines to hold shareholders’ meeting in June Business

Vinalines to hold shareholders’ meeting in June

The Vietnam National Shipping Lines (Vinalines) is scheduled to hold its first shareholders’ meeting on June 24, starting operation as a joint stock company model with the new name Vietnam Marine Corporation (VIMC).
Kinh Bac City Development aims higher in 2019 Business

Kinh Bac City Development aims higher in 2019

Industrial zone developer Kinh Bac City Development Share Holding Corporation (KBC) has set higher business targets for 2019, aiming for total consolidated revenue of 3.9 trillion VND (167.4 million USD) and net profit of nearly 1.04 trillion VND (44.5 million USD).
Vinalines to have new brand name in Q2 Business

Vinalines to have new brand name in Q2

The Vietnam National Shipping Lines (Vinalines) will organise its general shareholders’ meeting in Quarter 2, officially changing its trading name to Vietnam Maritime Corporation (VIMC).