EVNGENCO 2 to sell over 581 million shares through IPO Business

EVNGENCO 2 to sell over 581 million shares through IPO

The Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of the Vietnam Electricity Group, plans to sell over 580.12 million shares, or 48.8875 percent of its charter capital, to investors and over 1.33 million shares, or 0.1125 percent, to employees.
Quang Binh asked to improve business environment to lure more investors Business

Quang Binh asked to improve business environment to lure more investors

Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.
EVN lauded for ensuring power supply Business

EVN lauded for ensuring power supply

Deputy Prime Minister Trinh Dinh Dung on January 12 lauded the Vietnam Electricity (EVN) for its efforts in ensuring electricity supply for socio-economic development, as well as daily activities.
Top companies see profit slide in 9 months Business

Top companies see profit slide in 9 months

Forty of the largest companies by market capitalisation posted a 15 percent annual decline in total pre-tax profit, which fell to 162.8 trillion VND (7.02 billion USD) in January-September.
Circular economy key for rapid and sustainable development Business

Circular economy key for rapid and sustainable development

A circular economy is the future of every nation’s economy, of all production and business activities. It is the key for rapid and sustainable development, participants heard at a recent forum, entitled “Circular Economy: Direction for Sustainable Businesses in Vietnam”.
Indonesia to reduce exports of unprocessed coal World

Indonesia to reduce exports of unprocessed coal

Indonesian President Joko Widodo has ordered his cabinet ministers to set a target of reducing exports of unprocessed coal and accelerate plans to develop derivative industries for processing the fuel in Southeast Asia’s biggest economy.