BUSINESS IN BRIEF 18/4

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VietnamNet English 2 day(s) ago

Automobile imports pick up speed

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Vinalines officially launches restructuring

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Báo Đầu Tư English 4 day(s) ago

Vinalines officially launches restructuring

The Ministry of Transport reportedly just set progress targets for the restructuring of Vinalines, a leading domestic shipbuilder.

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Domestic shipping firms take advantage of foreign block-out

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Báo Đầu Tư English 5 day(s) ago

Domestic shipping firms take advantage of foreign block-out

In the year after foreign container ships were banned from operating local routes, local shipping firms have made great gains toward efficiency.

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Vietnam ship seized in Korea for return of $2.28 mln debt

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Báo Thanh Niên English 1 week(s) ago

Vietnam ship seized in Korea for return of $2.28 mln debt

Steel poles that Korean contractor SK E&C imported for the construction of a port in Khanh Hoa Province, but Vinalines pointed to its poor quality and refused to pay. Photo courtesy of Tuoi Tre

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Denounce corrupt Vietnamese officials to get reward of up to over $475,000

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Báo Đầu Tư English 1 week(s) ago

Denounce corrupt Vietnamese officials to get reward of up to over $475,000

The Vietnamese Government Inspectorate has issued an inter-ministerial circular draft under which denunciators of corruption will be rewarded with up to over VND10 billion (US$475,000) in a bid to encourage everybody to take part in the fight against corruption.

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Denounce corrupt Vietnamese officials to get reward of up to over $475,000

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Báo Tuổi Trẻ English 1 week(s) ago

Denounce corrupt Vietnamese officials to get reward of up to over $475,000

The Vietnamese Government Inspectorate has issued an inter-ministerial circular draft under which denunciators of corruption will be rewarded with up to over VND10 billion (US$475,000) in a bid to encourage everybody to take part in the fight against corruption.

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Vietnam shipping lines hit by costly dispute with S.Korean contractor

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Báo Đầu Tư English 1 week(s) ago

Vietnam shipping lines hit by costly dispute with S.Korean contractor

The Vietnam National Shipping Lines, commonly known as Vinalines, has suffered monetary damage worth hundreds of thousands of US dollar after a vessel in its fleet was held by a South Korean company over a payment dispute in a sluggish transshipment port project.

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Vietnam shipping lines hit by costly dispute with S.Korean contractor

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnam shipping lines hit by costly dispute with S.Korean contractor

The Vietnam National Shipping Lines, commonly known as Vinalines, has suffered monetary damage worth hundreds of thousands of US dollar after a vessel in its fleet was held by a South Korean company over a payment dispute in a sluggish transshipment port project.

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Breakfast @ Tuoitrenews – April 5

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Báo Tuổi Trẻ English 2 week(s) ago

Breakfast @ Tuoitrenews – April 5

Below are some of the main stories published today, April 5, in the Vietnamese press.

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Transport SOEs drive through successful IPOs

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Báo Đầu Tư English 2 week(s) ago 1 related news

The success of the initial public offerings (IPO) of the State-owned transport enterprises in Q1 is likely to send out positive signals on the long-waited equitisation.

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Transport SOEs drive through successful IPOs

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VietNam News English 2 week(s) ago 1 related news

The success of the initial public offerings (IPO) of the State-owned transport enterprises in Q1 is likely to send out positive signals on the long-waited equitisation.

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Shipper initiates bankruptcy process

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VietNam News English 3 week(s) ago

Vinashin Ocean Shipping Company (Vinashinlines) has requested for bankruptcy procedures to be initiated at the Ha Noi People's Court.

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Corruption makes for expensive projects

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Báo Dân Trí English 3 week(s) ago

Corruption makes for expensive projects

After the JTC bribery scandal was exposed, economist Pham Chi Lan said that transport construction projects in Vietnam often have inflated price tags as a result of corruption.

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Equitisation will be expedited

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VietNam News English 1 month(s) ago 1 duplicate news

The Ministry of Transport is determined to equitise SOEs under its control to improve production and business activities, Minister Dinh La Thang spoke to the Tin Tuc (News) Newspaper.

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How much is Vinalines worth?

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VietnamNet English 1 month(s) ago

How much is Vinalines worth?

VietNamNet Bridge – The investors’ thoughts now concentrate on the IPO of the Vietnam National Shipping Lines (Vinalines) which would go equitized in the first quarter of 2015.

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