Stocks retreat on poor market sentiment

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Báo Đầu Tư English 3 week(s) ago

Shares went down in both local markets on Friday morning as blue chips were driven down by poor market sentiment.

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PV Gas and foreign partners to build $1.27bn gas pipeline

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Báo Dân Trí English 2 month(s) ago

A subsidiary of the State-owned oil and gas group PetroVietnam and its foreign partners have secured a license to invest in a natural gas pipeline in the south of Vietnam, making it the largest foreign investment project approved this year.

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Low crude prices pull markets down

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Báo Đầu Tư English 2 month(s) ago 2 related news

Shares fell further in the two local markets on Thursday morning as investor confidence remained low following a sharp drop in crude oil prices.

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PetroVietnam to raise oil extraction target by 1mn tons in 2017

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

State-run oil and gas giant PetroVietnam (PVN) has announced plans to hike its yearly oil extraction by one million metric tons in 2017, following a government directive aimed at boosting the country’s economic growth.

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PV Power hopes to find strategic investors by the end of August

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Báo Đầu Tư English 2 month(s) ago

PV Power, a wholly-owned subsidiary of state-owned PetroVietnam and the second largest electricity producer in Vietnam after Electricity of Vietnam (EVN) in terms of capacity, hopes to finish its share sale to strategic investors by the end of August.

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VN Index struggles to rise, banks hit

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Báo Đầu Tư English 2 month(s) ago

Viet Nam’s benchmark VN Index struggled to rise on Monday morning as most of the leading sectors were hit by investor selling.

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VN Index narrows gains, steel stocks stay positive

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Báo Đầu Tư English 3 month(s) ago 1 related news

The VN Index on the HCM Stock Exchange was up slightly on Friday morning, driven by steel producers and some large-cap stocks.

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Bank and oil stocks drive market down

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Báo Đầu Tư English 3 month(s) ago

Shares edged down on Tuesday morning, driven by losses of banks and oil companies.

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Stocks up on banking-finance sector

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Báo Đầu Tư English 3 month(s) ago

Finance-banking stocks were the most important factor that lifted Vietnamese shares again on the two local exchanges on Friday morning.

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VN-Index slips, awaits US Fed results

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Báo Đầu Tư English 3 month(s) ago

Shares dropped slightly yesterday on the HCM Stock Exchange as investors remained cautious ahead of the results of the US Federal Reserve (Fed) meeting.

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VN Index closes flat on blue chips, energy stocks

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Báo Đầu Tư English 3 month(s) ago

Viet Nam’s benchmark VN Index on the HCM Stock Exchange remained volatile on Friday morning, driven by blue chips and energy stocks.

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PV Oil to sell 40% stake to investors

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Báo Đầu Tư English 3 month(s) ago

PetroVietnam Oil Corporation (PV Oil), a subsidiary of PetroVietnam, is planning to sell a 40 per cent stake to strategic investors in the upcoming equitisation expected by the end of June this year.

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VN Index finishes almost unchanged

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Báo Đầu Tư English 3 month(s) ago

The VN Index on the HCM Stock Exchange rose slightly yesterday as investor confidence remained low on a lack of business news.

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More foreigners can now retail fuel in Vietnam?

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Báo Đầu Tư English 4 month(s) ago

PetroVietnam Oil Corporation (PV Oil), a member of national oil and gas group PetroVietnam, will sell a 40 per cent share in the second quarter of 2017.

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Vietnam’s sole operating oil refinery sets surprisingly low profit target for 2017

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Báo Đầu Tư English 4 month(s) ago

Binh Son Refining and Petrochemical Company Limited (BSR), the operator of Dung Quat Refinery, has set its pre-tax profit target at VN1.68 trillion ($73 million) for 2017, which is a lot lower than its actual pre-tax profit of VND5 trillion ($219.45 million) in 2016.

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