PetroVietnam barred from investing in properties and banks

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Báo Đầu Tư English 1 week(s) ago

PetroVietnam barred from investing in properties and banks

Prime Minister Nguyen Tan Dung last week officially signed a decree forbidding the parent company Vietnam Oil and Gas Group (Petrovietnam) in using its capital to invest and acquire shares in real estate project, banks and insurance companies, according to Vneconomy newswire.

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PetroVietnam sees difficult year for oil business

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Báo Thanh Niên English 1 week(s) ago 1 related news

PetroVietnam sees difficult year for oil business

Sharp drops in global oil prices will make 2015 a tough year for Vietnam’s fuel giant PetroVietnam, which contributes a fifth in state revenue.

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PetroVietnam told to take flexible response to global oil prices changes

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VietnamPlus English 1 week(s) ago 1 related news

Deputy Prime Minister Hoang Trung Hai has instructed the Vietnam National Oil and Gas Group (PetroVietnam) to monitor global oil prices closely and have flexible solutions to respond to changes.

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PetroVietnam mulls production cut as oil plunges plunge

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

PetroVietnam mulls production cut as oil plunges plunge

The Vietnam National Oil and Gas Group (PetroVietnam) is considering cutting oil production this year by around 450,000 tonnes in the context of constantly declining global oil prices.

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VN-Index soars to 8-month high

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VietnamPlus English 2 week(s) ago

VN-Index soars to 8-month high

The VN-Index soared to an eight-month high on January 9, adding more than 16 points or 2.94 percent to close the session at 569.73 points.

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Stocks extend gains on investor optimism

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Báo Đầu Tư English 3 week(s) ago 2 related news

Stocks extend gains on investor optimism

Stocks extended their gains on the HCM Stock Exchange, with the benchmark VN-Index rising above the key level of 555 points to close this morning's session at 555.73 points.

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Oil group plans exploitation scenarios amid price fluctuations

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VietnamNet English 3 week(s) ago

Oil group plans exploitation scenarios amid price fluctuations

VietNamNet Bridge – Though anticipating revenue could drop by billions of dong this year if low oil prices continue, PetroVietnam says this will not seriously affect its production and business.

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Laos’ Phongsavanh Group seeks business opportunities in Vietnam

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VietnamNet English 3 week(s) ago

VietNamNet Bridge - Along with more large Vietnamese enterprises investing in Laos, Laos’ leading enterprises are also seeking business opportunities in Vietnam based on the advantages of economic relations, favorable geographical location and especially the special relationship between the two countries.

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‘Lucky cash' rush drags on stocks

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Báo Đầu Tư English 3 week(s) ago 2 related news

‘Lucky cash' rush drags on stocks

Profit-taking pressure to earn "lucky cash" on the first trading day of 2015 dragged shares down on both stock exchanges in the country yesterday.

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Vietnam’s net insurance premiums top $2.5b in 2014

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Báo Đầu Tư English 3 week(s) ago

Vietnam’s net insurance premiums top $2.5b in 2014

The total net premiums of Vietnam’s insurance market in 2014 were estimated at VND52.7 trillion ($2.5 billion), up 14.2 per cent on year according to data by the Insurance Supervisory Authority (ISA) under the Ministry of Finance.

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‘Lucky cash' rush drags on stocks

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VietnamPlus English 3 week(s) ago 1 related news

‘Lucky cash' rush drags on stocks

Profit-taking pressure to earn "lucky cash" on the first trading day of 2015 dragged shares down on both stock exchanges in the country on January 5.

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‘Lucky cash' rush drags on stocks

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

‘Lucky cash' rush drags on stocks

Profit-taking pressure to earn "lucky cash" on the first trading day of 2015 dragged shares down on both stock exchanges in the country yesterday.

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Foreign investors show little interest in IPOs of State-owned enterprises

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VietnamNet English 3 week(s) ago

Foreign investors show little interest in IPOs of State-owned enterprises

VietNamNet Bridge – Foreign investors’ indifference to Vietnamese state-owned enterprises’ (SOEs) initial public offerings (IPOs) is feared to hinder the plan to equitize 432 SOEs in 2015.

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Vietnam company claims major prizes from US communications awards

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam company claims major prizes from US communications awards

A Vietnamese company has become the first in the country to bring home three major prizes from a U.S. communications materials award.

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PetroVietnam set to halt exploitation of four oil fields to cut losses

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Báo Tuổi Trẻ English 1 month(s) ago

PetroVietnam set to halt exploitation of four oil fields to cut losses

Vietnamese oil and gas giant PetroVietnam is about to shrink production or even cease exploration at four of its oil fields as their expenses have already surpassed prices.

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