Limit scrapped for foreign ownership in PVFCCo Business

Limit scrapped for foreign ownership in PVFCCo

Foreign investors can now acquire more than 49 percent of shares, the previous limit on foreign ownership, in PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), the operator of Phu My fertilizer plant.
Film studio equitisation under scrutiny Business

Film studio equitisation under scrutiny

Deputy Prime Minister Truong Hoa Binh has directed the Government inspectorate to begin a two-month inspection of the privatisation process of State-owned Vietnam Feature Film (VFS) studio.
HCM City rolls out first river-bus service Society

HCM City rolls out first river-bus service

The first river-bus transport service was launched technically in Ho Chi Minh City on August 21, looking to ease traffic congestion on roads and meet travel demands of local people.
HCM City to launch river bus route Society

HCM City to launch river bus route

HCM City expects to launch the first river bus route as soon as early July, connecting the Bach Dang Wharf in District 1 with Thu Duc District, according to the municipal Department of Transport.
HCM City to launch first river-bus service Society

HCM City to launch first river-bus service

Ho Chi Minh City plans to launch the first river bus transport service in June connecting Bach Dang Wharf in District 1 with Thu Duc district, and a second route in September from Bach Dang Wharf to District 8.