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Domestic petroleum business to sell 45.55 percent to strategic investor

 Thanh Le General Import Export Trading Corporation (Thanh Le) has been permitted to put a 45.55 per cent stake up for sale for strategic investors.

Why Petrolimex is keen on being BSR's strategic partner

Vietnam’s sole oil refinery operator, Binh Son Refining, plans to sell 4 per cent of its shares in an initial public offering on November 7 and another 49 per cent to strategic investors next year, its Chairman said on August 10.

State Audit to look at Vinalines' valuation

 State Audit of Vietnam has announced a decision to audit the results of an enterprise valuation of Vinalines and examine other financial matters within the next 30 days before officially announcing the valuation.

Hanoi expands on iParking pilot

 Hanoi will introduce iParking at an additional 118 parking lots and nine streets in four districts from September 1 if approval is forthcoming from the Hanoi People’s Committee.

Vietnamese swimming towards another successful SEA Games

 Vietnam’s swimming team will participate in the 29th SEA Games with their largest force ever, including 25 members, targeting to surpass the impressive results achieved at the previous Games in Singapore.

Chinese businesses trying to overtake pepper market: VN Pepper Association

VietNamNet Bridge – The Vietnam Pepper Association (VPA) has warned that Chinese businesses have made moves to corner the domestic pepper market.

Fencer Vu Thanh An named Vietnam’s flag bearer at 29th SEA Games

 Fencer Vu Thanh An has been chosen to hold the national flag for the Vietnam sport delegation at the opening ceremony of the 29th Southeast Asian (SEA) Games in Malaysia on August 19.

Bad debt measures go into effect

 A National Assembly resolution on nonperforming loans takes effect tomorrow with lawmakers hopeful it will help resolve much of the remaining bad debts held by commercial banks and real estate projects across the nation.

Agriculture sector does well as China buys more fruits and veggies

 Agricultural products exported to China now account for 50 per cent of total border trade flow between the two countries, signifying greater approval from Chinese consumers, officials say.

Stable H2 economy forecast for Vietnam

 Viet Nam’s business climate is anticipated to improve in the second half of 2017, but economic growth will be at 6.5 per cent, falling short of the Government’s target.

Leveraging strategic HR management in the era of digitisation

 The current technology era is creating both opportunities and challenges for businesses in the process of enhancing and managing resources, delegates told a seminar in HCM City on Friday.

Industrial park occupancy rate reaches 73%

 The occupancy rate at operational industrial parks (IPs) nationwide has hit 73 per cent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

PVF win Vietnam U15 football event

The Promotion Fund of Vietnamese Football Talents FC (PVF) won the National U15 Football Championship after beating Viettel 2-0 in the final match at Tay Ninh Stadium on Saturday. 

Vietnam lose to Kazakhstan in Asian volleyball event

 Vietnam lost to Kazakhstan 25-21, 23-25, 22-25, 20-25 in the Pool E of the SMM 19th Asian Senior Women’s Volleyball Championship at Alonte Sports Arena in the Philippines yesterday.

Northern golfers to enter amateur champs

Twenty-five golfers will play in the final round of the TP Bank World Amateur Golfers Championship Viet Nam 2017 (WAGC) following their victory at the northern region qualifying round.

$2.2 million worth of smuggled goods confiscated at HCM City port since 2012

The HCM City Border Guard Force and the HCM City Department of Customs have worked together to uncover 48 cases of smuggling illegal goods via border lines, confiscating over $2.2 million worth of items since 2012. 

30-year FDI attraction to be reviewed

 The Ministry of Industry and Trade has announced it is preparing to review 30 years of foreign direct investment (FDI) attraction in Vietnam. 

Students gain int’l prizes, but scientific achievements remain modest

VietNamNet Bridge - Hundreds of Vietnamese students have won top prizes at international Olympiads in the last 40 years, but the country’s scientific achievements remain modest.

Urbanites face health risks from air pollution

VietNamNet Bridge - Coal-fired thermal power plants which emit huge amounts of dust are still not required to issue reports on the possible impact on people’s health.

Securities companies’ capitalization value exceeds VND1 trillion threshold

VietNamNet Bridge - The share prices of many securities companies have increased since the beginning of the year thanks to the rising stock market.