Dung Quat wants to set petrol prices

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Báo Đầu Tư English 1 week(s) ago

Dung Quat wants to set petrol prices

Binh Son Refining and Petrochemical Co (BSR), which operates and manages Dung Quat Oil Refinery, has asked the Ministry of Finance for permission to calculate the petrol selling price themselves.

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Vietnam's Vinamilk says scrapping foreign ownership cap

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Báo Thanh Niên English 1 week(s) ago 1 related news

Vietnam's Vinamilk says scrapping foreign ownership cap

The board of Vietnamese dairy firm Vinamilk has decided to remove its 49 percent foreign ownership cap, an official said on Monday, paving the way for an expected flood of interest from overseas investors in a company valued at $7.85 billion.

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Dollar slips against euro ahead of US inflation data

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Báo Đầu Tư English 1 week(s) ago

Dollar slips against euro ahead of US inflation data

The dollar edged down against the euro on Monday in profit taking after recent gains, as traders awaited a key US inflation report on consumer prices.

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Domestic cement consumption increases more than 15 per cent

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Báo Đầu Tư English 1 week(s) ago

Domestic cement consumption increases more than 15 per cent

Cement and clinker consumption in the country grew over 15 per cent, to 24 million tonnes, from the beginning of this year, meeting 32 per cent of the year's target.

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Dong Nai exports reach $4.7b in last four months

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Báo Đầu Tư English 1 week(s) ago

Dong Nai exports reach $4.7b in last four months

The southern province of Dong Nai generated more than US$4.7 billion from exports in the past four months, up 5 per cent year-on-year, according to the provincial People's Committee.

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Vietnam’s central bank probes hacking attempt on TPBank

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Báo Thanh Niên English 1 week(s) ago

The State Bank of Vietnam is probing an attack by hackers on Tien Phong Commercial Joint Stock Bank after receiving details from the lender on Monday, a central bank official said.

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Oil prices lift Vietnam stocks

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Báo Đầu Tư English 1 week(s) ago

Oil prices lift Vietnam stocks

Vietnamese shares closed higher on both local markets this morning led by energy stocks, following a gain in oil prices.

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Vietnam’s rice exports little affected by Thailand’s bargain sale

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Báo Dân Trí English 1 week(s) ago

Vietnam’s rice exports little affected by Thailand’s bargain sale

Thailand’s plan to sell off more than 11 million tonnes of rice reserves will not impact Vietnam’s rice exports, according to several exporters in the Mekong Delta city of Can Tho.

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Raising discount rates, digital signature providers ‘die together’

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Báo Đầu Tư English 1 week(s) ago

Raising discount rates, digital signature providers ‘die together’

A saturated market and stiff competition have forced certificate authorities (CAs) to slash service fees and offer a sky-high discount rate of 75-80 percent.

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Vietnam's economy forecast to grow 6.17% in second quarter: CIEM

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Báo Dân Trí English 1 week(s) ago

The Central Institute for Economic Management (CIEM) has forecast a 6.17% growth rate for Vietnam's economy in the second quarter of 2016 and an inflation rate of 0.73% compared to the first quarter this year.

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Customer needs steer bank trends

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Báo Đầu Tư English 1 week(s) ago

Customer needs steer bank trends

To encourage foreign investment in its banking sector, Vietnam will need to clear up the remaining challenges and let bank customers drive direction and future banking demand.

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Emerald back on ASX after turning to gold

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VietStock FI English 1 week(s) ago

Emerald Resources NL, an Australian mining firm with interests in Cambodia, will relist on the Australian Securities Exchange (ASX) on Tuesday following the company’s compliance with chapters 1 and 2 of the exchange’s listing rules and rule 11.1.3, the company said in a filing yesterday.

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Group Lease sees spike in Cambodian income

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VietStock FI English 1 week(s) ago

Thai financing firm Group Lease Plc posted a record-high 222.17 million baht ($6.3 million) net profit from its operations in the first quarter of the year, a 101.5 per cent increase from the same period a year earlier, driven by improvements in its Thai operations and a sharp increase in income from its subsidiary in Cambodia, the company said in a filing to the Thai stock exchange.

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Metfone stake up for grabs: sources

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VietStock FI English 1 week(s) ago

Viettel, the Vietnamese military-owned operator of Cambodia’s biggest telecom firm, Metfone, is looking to sell a stake in its Cambodia operation to raise capital for its other global ventures after the company reported its lowest growth in earnings since 2012, according to international media reports.

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Norway's wealth fund to sue Volkswagen over emissions scandal

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Báo Thanh Niên English 1 week(s) ago

Norway's wealth fund to sue Volkswagen over emissions scandal

Norway's sovereign wealth fund, the world's largest, said on Sunday it plans to join the class-action lawsuits filed against Volkswagen AG over the German automaker's emissions scandal.

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