PetroVietnam cracking down on losses Business

PetroVietnam cracking down on losses

The Vietnam National Oil and Gas Group (PetroVietnam) has decided to form teams to handle its loss-making projects since the snail-pace progress of the process has displeased the Government.
VN-Index up on investor confidence Business

VN-Index up on investor confidence

The benchmark VN-Index surpassed the short-term resistance of 780 points on July 6, closing up 0.56 percent at 782.65 points, thanks to strong investor confidence in the market outlook.
KIDO Corporation plans big for 2017 Business

KIDO Corporation plans big for 2017

The food group KIDO (KDC), formerly Kinh Do Corporation, has set a goal of 7.7 trillion VND (339.3 million USD) in revenue for 2017, three times higher than that of 2016.
Bibica targets 1.4 trillion VND in revenues Business

Bibica targets 1.4 trillion VND in revenues

The Bibica Corporation, a leading confectionery firm in Vietnam, has set targets of 1.4 trillion VND (61.5 million USD) in revenues and 86.6 billion VND (3.8 million USD) in after-tax profits in 2017.
NCB to raise total asset to 4.18 bln USD  Business

NCB to raise total asset to 4.18 bln USD

The National Citizen Joint Stock Commercial Bank has set to raise total value of its asset to 4.18 billion USD in 2017, up nearly 40 percent from last year, heard a shareholders meeting on April 27.