PV Power to shift listing to HOSE Business

PV Power to shift listing to HOSE

PV Power will shift its listing from UPCoM to the HCM Stock Exchange by the end of this year, the company announced in its first shareholders’ meeting in Hanoi on June 26.
BSR earns 54 trillion VND in revenue in six months Business

BSR earns 54 trillion VND in revenue in six months

The Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, pocketed nearly 54 trillion VND (2.37 billion USD) in revenue in the first six months of the year, accounting for 69 percent of the yearly plan.
Sacombank vows to finish settling bad debts in five years Business

Sacombank vows to finish settling bad debts in five years

The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) has pledged to finish settling all of the 100 trillion VND (4.38 billion USD) of its bad debts in five years, instead of 10 years as stated in the restructuring plan approved by the State Bank of Vietnam.
Banks set dates for 2018 AGMs Business

Banks set dates for 2018 AGMs

After gaining positive business performance last year, many banks have planned to hold annual general meetings (AGMs) for 2018 soon.
Watchdog gives nod to Mobile World-Tran Anh M&A Business

Watchdog gives nod to Mobile World-Tran Anh M&A

The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – The Gioi Di Dong (Mobile World) and Tran Anh Digital World.
Concern over Vinawaco capital loss Business

Concern over Vinawaco capital loss

Three years after an initial public offering (IPO), the Vietnam Waterway Construction Joint Stock Corporation (Vinawaco) has not transferred the State’s capital from the transport ministry to the State Capital Investment Corporation (SCIC).