Gov’t inspectors reveal SCIC violations

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SaiGon GP English 1 week(s) ago

Many violations and shortcomings have been found at the State Capital and Investment Company (SCIC). These occurred mainly in the transfer and receipt of State ownership representation rights to and from businesses and in the financial management processes of the SCIC.

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Vietnam Airlines fixes shareholders list before UPCom listing

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Báo Đầu Tư English 1 week(s) ago

National flag carrier Vietnam Airlines has asked its shareholders to register their ownership by the end of this month to serve its trading registration on the Unlisted Public Company Market (UPCoM), which is expected in December.

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Fraser & Neave Ltd. ignores Vinamilk shares in first auction

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Báo Đầu Tư English 2 week(s) ago 1 related news

In spite of expressing ambitions to acquire a larger share in Vietnam Dairy Products Joint Stock Company (Vinamilk), as of now, Fraser & Neave Ltd. (F&N) has yet to register to the bidding expected to start on December 2.

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Police banned from pulling vehicles over to check ownership

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Báo Dân Trí English 2 week(s) ago

Police will not be allowed to randomly stop a vehicle to check ownership certificate as the new regulation on penalties for the non-transfer of vehicle ownership takes effect next year.

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“Non-transferred” motorbike regulations worry citizens in Vietnam

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

A new regulation set to take effect in 2017 will require motorbike drivers in Vietnam to possess certain documents proving ownership of their vehicle, stirring public concern from the millions who ride motorbikes with non-transferred papers.

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Motorbike owners to be fined for non-transfer of vehicle ownership

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

Motorbike owners that have not transferred the ownership of their vehicles will face a fine of VND100,000 (USD4.47) to VND400,000 starting from 2017.

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Habeco, Carlsberg deal not yet finalised: officials

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Báo Đầu Tư English 3 week(s) ago

The Ministry of Industry and Trade has not yet completed talks to sell its ownership in the Hà Nội Beer, Alcohol and Beverage Corporation (Habeco) to the Danish brewer Carlsberg, according to officials.

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Transport Ministry divests from 8 firms

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Báo Đầu Tư English 3 week(s) ago

The Ministry of Transport has handed over its stake in eight Vietnam Inland Waterway Administration enterprises to the State Capital Investment Corporation (SCIC).

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Vietnam to target power plants as privatisation process speeds up

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam is pushing to speed up the privatisation of power plants under three state groups that control its energy sector with an aim to cut government ownership by 2020, signalling its commitment to raise funds and improve efficiency.

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Vinamilk divestment: first step in December

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Báo Đầu Tư English 1 month(s) ago

State Capital Investment Corporation (SCIC) decided to divest a 9 per cent stake in Vietnam Dairy Products JSC (Vinamilk) in December.

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Masan Beverage plans to raise ownership in Vinacafe Bien Hoa to 70%

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Báo Đầu Tư English 1 month(s) ago

Masan Beverage Company Limited (Masan Beverage) has offered to buy 9.84 per cent of Vinacafe Bien Hoa Joint Stock Company to raise its ownership in the coffee producer to 70 per cent.

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Private enterprises are important drivers of growth

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Báo Đầu Tư English 1 month(s) ago

Over the past 30 years of economic reform, enterprises of all forms of ownership, including private enterprises, have made significant contributions to economic recovery and government income.

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SBV to tighten non-core investment by banks

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Báo Dân Trí English 2 month(s) ago

The State Bank of Vietnam (SBV) is drafting a new circular to tighten regulations on non-banking investment activities by banks in an attempt to improve financial sector transparency and risk management.

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Ho Chi Minh City seeks capital to combat traffic congestion

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Báo Tuổi Trẻ English 2 month(s) ago

As traffic congestion worsens and short-term measures fall behind the increased rate of private car ownership in Ho Chi Minh City, the city’s administration is seeking capital for long-term infrastructure projects to combat the problem.

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VN foreign currency reserves at record high

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Báo Đầu Tư English 2 month(s) ago 1 related news

So far this year the State Bank of Viet Nam has bought over US$10 billion in foreign exchange, increasing the country's reserves to a record high of more than $40 billion.

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