PVN to offload 11 per cent stake in PET

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VietNam News English 3 day(s) ago

The Vietnam Oil and Gas Group (PVN) has registered to sell about 7 million shares of the PetroVietnam General Services Joint Stock Corporation (PET).

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PetroVietnam has new CEO

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VietnamNet English 4 day(s) ago

PetroVietnam has new CEO

VietNamNet Bridge – Minister of Trade and Industry Vu Huy Hoang has signed a decision to appoint Deputy General Director of the Vietnam Oil and Gas Group (PetroVietnam) Nguyen Quoc Khanh as the group’s General Director.

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PetroVietnam calls for foreign investment in eight power projects

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VietnamNet English 1 week(s) ago

PetroVietnam calls for foreign investment in eight power projects

VietNamNet Bridge – The Vietnam Oil and Gas Group (PetroVietnam) will call for investment in eight power projects with a total capacity of 8,700 MW, including: Vung Ang, Quang Trach 1, Thai Binh 2, Long Phu 1, Song Hau 1, Dakring, Hoa Thang and Blue Whale.

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VOF shareholders to meet in Singapore

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Báo Đầu Tư English 1 week(s) ago

VOF shareholders to meet in Singapore

VinaCapital-managed Vietnam Opportunity Fund (VOF) is scheduled to hold its annual general meeting on November 26 in Singapore to approve financial statements for the year-ended June 30, 2014 and elect or re-elect board members.

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Lower crude oil prices to challenge Vietnam’s economy

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VietnamNet English 1 week(s) ago

Lower crude oil prices to challenge Vietnam’s economy

VietNamNet Bridge – Crude oil prices have plummeted recently, affecting revenue for state coffers, which depend heavily on oil and petroleum exports and imports.

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Markets rally despite falling liquidity

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VietnamPlus English 2 week(s) ago

Shares rebounded on both bourses on November 6, but liquidity declined.

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Vietcombank appoints new Chairman and CEO

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VietnamNet English 2 week(s) ago 1 related news

Vietcombank appoints new Chairman and CEO

VietNamNet Bridge - Mr. Nghiem Xuan Thanh has become the Chair of the Board of Directors of the Bank for Foreign Trade of Vietnam (Vietcombank), while Mr. Pham Quang Dung has been appointed the General Director from November 1.

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Banking sector in quagmire as SOEs can’t sell their shares in banks

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VietnamNet English 3 week(s) ago

Banking sector in quagmire as SOEs can’t sell their shares in banks

VietNamNet Bridge – Investors have been reluctant to buy shares of banks, and as a result, state-owned enterprises (SOEs) cannot withdraw the capital they had previously invested.

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PVcomBank, PVGas sign co-operation pact

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VietNam News English 3 week(s) ago 1 duplicate news

The Viet Nam Public Bank (PVcomBank) and the PetroVietnam Gas Joint Stock Corporation (PVGas) signed a comprehensive co-operation agreement in this Central Highlands city last Friday.

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Major shares drag markets down

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

Major shares drag markets down

Hanoi - Investors' caution prevailed last week because of heavy profit-taking in the Vingroup real estate company and PetroVietnam Gas (GAS), as well as bad news for Ocean financial group (OGC).

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Major shares drag markets down

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

Major shares drag markets down

Investors' caution prevailed last week because of heavy profit-taking in the Vingroup real estate company and PetroVietnam Gas (GAS), as well as bad news for Ocean financial group (OGC).

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EVN struggles to cope with rising input costs

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Báo Đầu Tư English 1 month(s) ago

EVN struggles to cope with rising input costs

The rising prices of coal and gas for power production look to push up the state-run Electricity of Vietnam (EVN)’s 2014 operating costs by around VND7 trillion ($328.6 million), which will seriously hurt the firm’s financial plan.

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Four stocks excluded from HNX 30 Index Basket

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VietnamPlus English 1 month(s) ago

The Hanoi Stock Exchange has decided to remove Bim Son Cement JSC (BCC), Doan Xa Port (DXP), Education Development and Investment JSC (EID), and PetroVietnam Construction Co (PVX) out of its HNX 30 Index Basket.

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Stocks sink on sell-offs by foreign investors

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VietnamPlus English 1 month(s) ago 2 related news

Foreign investors remained net sellers on the Vietnamese stock market on October 16, pulling down both exchanges.

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VN-Index drops back on quiet trading

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VietnamPlus English 1 month(s) ago 2 related news

The VN-Index on October 15 continued to slide for a fourth straight day, losing another 0.25 percent to close at 604.29 points and weighed down by major large-cap stocks.

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