Vietnam oil and gas giant H1 profit surpasses target, topping $1.1bn

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Báo Tuổi Trẻ English 3 day(s) ago

Vietnam oil and gas giant H1 profit surpasses target, topping $1.1bn

State-run Vietnamese oil and gas behemoth PetroVietnam (PVN) surpassed an income target in the first half of this year, an impressive result driven by strong earnings from its preferential and exclusive operations against losses from non-core activities.

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Euro edges up against dollar

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Báo Đầu Tư English 3 day(s) ago

Euro edges up against dollar

The euro pushed slightly higher against the dollar on Monday (July 28) after last week's losses in a quiet forex market ahead of Wednesday's Federal Reserve meeting and its possible update of US rate plans.

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Stocks tumble on profit-taking

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VietNam News English 1 week(s) ago

Stocks extended losses in yesterday's afternoon session on both stock exchanges as profit-taking pressure showed no sign of decline.

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Shares advance despite investor caution

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

Shares advance despite investor caution

Shares advanced on both national stock exchanges last week after posting losses in the previous week.

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BUSINESS IN BRIEF 18/7

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VietnamNet English 2 week(s) ago

Vinalines takes losses for 5th consecutive year

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Poor market leaves Vinalines in a lurch

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Báo Đầu Tư English 2 week(s) ago

Poor market leaves Vinalines in a lurch

Vietnam National Shipping Lines (Vinalines), Vietnam’s largest state-owned shipping company, is likely to continue its losing streak in the first half of 2014 due to difficulties in its transport operations and losses suffered when it sold a number of its ships.

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Vinalines takes losses for 5th consecutive year

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Báo Dân Trí English 2 week(s) ago 1 related news

Vinalines takes losses for 5th consecutive year

Vietnam National Shipping Lines (Vinalines) is forecast to lose around VND1 trillion (USD47 million) in 2014, the fifth consecutive year of losses for the shipping giant.

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PM urges tax sector to streamline procedures

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Báo Dân Trí English 3 week(s) ago

PM urges tax sector to streamline procedures

Prime Minister Nguyen Tan Dung has asked the taxation sector to focus on reducing troublesome procedures in tax payment and impose strict punishments on officers who harass the people and businesses.

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Administrative reforms boost tax collection

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VietnamPlus English 3 week(s) ago

Some 335 trillion VND (15.7 billion USD) has been collected from taxes in the first half of 2014, up 14.5 percent year on year and equal to 53.7 percent of the annual tax collection plan.

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Over half securities companies suffer from losses

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VietnamPlus English 3 week(s) ago

Fifty-five out of 90 existing securities companies suffered aggregated losses at the end of this year's first quarter, according to the year's first half's report of the State Securities Commission.

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Over half the securities companies suffer from losses

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VietNam News English 3 week(s) ago

Fifty-five out of 90 existing securities companies suffered aggregated losses at the end of this year's first quarter, according to the year's first half's report of the State Securities Commission.

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Vietnam Electricity says completely divested from realty sector

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam Electricity says completely divested from realty sector

Vietnam Electricity, commonly known as EVN, has completely divested from its real estate business, which is considered a non-core sector and has been making losses, the state-run company said in a report on Wednesday.

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Vinafood 2 vindicated in rice export deal but still facing misfortune

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VietnamNet English 1 month(s) ago

Vinafood 2 vindicated in rice export deal but still facing misfortune

VietNamNet Bridge – Despite accusations that Vinafood 2 bribed Filipino officials in exchange for the right to export 800,000 tons of rice to the Philippines, no proof has yet been offered. The watchdog agency has affirmed that Vinafood 2 is innocent of any wrongdoing.

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Barnes & Noble turns the page on Nook tablets

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Báo Tuổi Trẻ English 1 month(s) ago

Barnes & Noble turns the page on Nook tablets

US book retailer Barnes & Noble said Wednesday it would spin off its Nook division, which produces tablets and digital books, amid ongoing losses at the unit.

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Forex adjustment hits stocks

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

Shares extended losses yesterday on fear of increasing East Sea tensions, coupled with the State Bank of Viet Nam's decision to devalue the dong by 1 per cent.

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