Vinalines gradually finding feet

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Báo Đầu Tư English 1 week(s) ago

After years of continuous losses, Vietnam's largest state-owned shipping company Vinalines recorded a consolidated profit reaching the break-even point in 2016, amid the global shipping sector’s extreme difficulties.

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Vietnam’s stock rises over 1 pct; Philippines pares losses

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnam shares rose for a third straight session on Tuesday led by banking stocks while other markets in the region ushered in the new year on a lackluster note.

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Number of delisted companies drops in 2016

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Báo Đầu Tư English 2 week(s) ago

Viet Nam’s stock market has seen 16 companies delist a total of 621 million shares from the two national stock exchanges this year, a sharp decline from the 34 firms in 2015.

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Samsung’s facilities suffer massive losses in third quarter

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Báo Đầu Tư English 1 month(s) ago

Samsung’s mobile manufacturing and trading facilities suffered massive losses after revenue took a plunge in the third quarter of this year due to the break-down of faulty Samsung Galaxy Note 7 units, according to newswire Cafef.

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Dung Quat Shipbuilding Co., Ltd on verge of bankruptcy

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Báo Dân Trí English 1 month(s) ago

The Ministry of Industry and Trade (MoIT) has reported that the Dung Quat Shipbuilding Co., Ltd. faces high risk of bankruptcy due to big losses.

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Dow hits new record but Trump effect eases on Wall Street

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Báo Đầu Tư English 2 month(s) ago

NEW YORK: The Dow hit a fresh record but stock gains on Wall Street slowed on Friday (Nov 11) as the bump from Donald Trump's surprise presidential election victory eased.

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EVN announces surprise profitability

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Báo Dân Trí English 2 month(s) ago

Despite reporting billions in losses in the first half of the year, the Vietnam Electricity Group (EVN) has just estimated a profit of VND2trn(USD89.54m) to VND3trn for 2016.

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Shares fall on blue chips

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Báo Đầu Tư English 2 month(s) ago

Shares declined this morning on the two exchanges as large-cap stocks extended losses on rising investor pessimism.

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Gov’t may sell inefficent State enterprises

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Báo Đầu Tư English 3 month(s) ago

State-owned enterprises (SOEs) which record prolonged losses and lose equity capital may be put up for sale or declared bankruptcy according to law.

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Shares remain volatile, pulled down by energy producers

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Báo Đầu Tư English 3 month(s) ago

Shares struggled to end positive this morning as gains in speculative stocks covered losses that energy producers incurred on sliding crude prices.

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Interest groups hinder listing process of privatized Vietnamese SOEs: association

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Báo Tuổi Trẻ English 3 month(s) ago

Certain interest groups trying to prevent Vietnam’s state-owned enterprises (SOE) from listing on the stock market following their privatization are responsible for causing losses to state coffers, a local finance association warned.

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Stocks dip slightly after 9-day rally

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Báo Đầu Tư English 3 month(s) ago

Vietnamese shares yesterday fell after a nine-day rally, driven by profit-taking, while oil and gas firms suffered losses as crude prices pulled from a one-month high and after a two-day gain.

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Vietnam re-structures agricultural products for export

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SaiGon GP English 4 month(s) ago

The Cuu Long (Mekong) Delta suffered losses due to the severe and prolonged drought and saltwater intrusion last dry season. In addition, changes in agricultural produce exports are reasons for the Ministry of Agriculture and rural development (MARD) to re-structure the agricultural sector.

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Vinafood 2 pushes off equitisation to January 2017

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Báo Đầu Tư English 4 month(s) ago

Vietnam Southern Food Corporation Limited (Vinafood 2) has been authorised to extend its equitisation deadline to January 30, 2017, according to newswire Bnews.vn.

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Vinafood 2 to be reviewed after posting losses

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Báo Dân Trí English 4 month(s) ago

Deputy Prime Minister Vuong Dinh Hue has ordered the State Audit Office of Vietnam to review enterprise values and deal with financial problems at Vietnam Southern Food Corporation Limited (Vinafood 2) after it reported millions of USD in losses.

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