Twelve SOEs report losses in 2019 Business

Twelve SOEs report losses in 2019

The Ministry of Finance has revealed that twelve out of 136 wholly state-owned enterprises had posted losses of 720 billion VND in total (31 million USD) in the first half of last year, and six others faced warnings regarding financial security.
Vinacomin sets to sell 49 million tonnes of coal in 2020 Business

Vinacomin sets to sell 49 million tonnes of coal in 2020

The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-year surge of 10 percent, according to Vinacomin Deputy Director General Nguyen Hoang Trung.
Better legal framework needed for SMEs Business

Better legal framework needed for SMEs

A consistent legal framework related to tax deductions, land allocations and credit programmes is needed to support small- and medium-sized enterprises (SMEs), experts have urged.