Oil firm ready to push ahead with offshore drilling

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VietStock FI English 2 week(s) ago

Oil firm ready to push ahead with offshore drilling

Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised.

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Breakfast @ Tuoi Tre News – May 17

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Báo Tuổi Trẻ English 3 month(s) ago

Breakfast @ Tuoi Tre News – May 17

Here are the leading news stories about Vietnam you should not miss today, May 17:

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Vending machines find a niche

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VietStock FI English 4 month(s) ago

The vending machine in many developed economies is a regular fixture in transport hubs, office buildings and petrol stations. Nearly every conceivable consumer good has found its way behind a vending machine display case, from gourmet ready-to-eat meals, to 10 gram bars of pure gold, and – in Japan – even ladies' panties to satisfy the fetish habits of perverts disembarking the subway.

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Siemens AG: Strong finish for fiscal year 2015

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Báo Đầu Tư English 10 month(s) ago

Siemens AG: Strong finish for fiscal year 2015

Global technology powerhouse Siemens has met its guidance for fiscal 2015 as planned and unveiled an ambitious outlook for fiscal 2016.

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PMH urged to dole out profits

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Báo Đầu Tư English 16 month(s) ago

PMH urged to dole out profits

Phu My Hung Development Corporation has revealed reasons why it had not distributed profits within the joint venture partnership for the 2010 - 2014 period despite repeated requests from the Ho Chi Minh City People’s Committee.

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Ho Chi Minh City in $66mn profit sharing dispute over Phu My Hung

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Báo Tuổi Trẻ English 16 month(s) ago 1 related news

Ho Chi Minh City in $66mn profit sharing dispute over Phu My Hung

The administration of Ho Chi Minh City is wondering why it has yet to receive its share in earnings of the city’s famous Phu My Hung Urban Area, a joint venture in which it owns US$18 million worth of legal capital.

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HCM City wants to share profits with Phu My Hung

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VietnamNet English 16 month(s) ago 1 related news

HCM City wants to share profits with Phu My Hung

VietNamNet Bridge - The operator of the high-end urban area Phu My Hung has contributed $18 million to the Phu My Hung joint venture, but the Vietnamese party has not shared the profits.

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BUSINESS IN BRIEF 23/5

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VietnamNet English 16 month(s) ago 1 related news

Farmers need firms to help them gain competitiveness

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Billions in bad loans resolved

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VietNam News English 16 month(s) ago

The banking system has resolved roughly VND311.1 trillion (US$14.33 billion) of non-performing loans (NPLs) in 2012-14, accounting for 67 per cent of total NPLs reported in September 2012.

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HCM City issues policy to attract overseas Vietnamese scientists

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VietnamNet English 22 month(s) ago

HCM City issues policy to attract overseas Vietnamese scientists

VietNamNet Bridge – The People's Committee of Ho Chi Minh City issued incentives on salary, accommodations, bonus, and working conditions for overseas Vietnamese experts, which took effect on November 21.

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Nearly 2 mln people in HCMC not accessible to clean water

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Báo Tuổi Trẻ English 24 month(s) ago

Nearly 2 mln people in HCMC not accessible to clean water

328,000 households, or nearly 2 million people, in Ho Chi Minh City have no clean water to use, according to the latest report by the state-owned Saigon Water Supply Corporation (SAWACO).

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MIC tells MO to pocket 70% of information content service revenue at maximum

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VietnamNet English 25 month(s) ago

MIC tells MO to pocket 70% of information content service revenue at maximum

VietNamNet Bridge – The Ministry of Information and Communication has limited mobile network operators’ profits from working with information content-service providers must to a maximum of 70 percent of the revenue, putting an end to a long dispute about profit sharing.

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Property developer seeks to manage Ha Long Bay for 50 years

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VietnamNet English 27 month(s) ago

Property developer seeks to manage Ha Long Bay for 50 years

VietNamNet Bridge – Bitexco, a major real estate developer, has asked the Quang Ninh provincial authorities to give it the concession to manage Ha Long Bay, a World Natural Heritage site.

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Flamingo Dailai villas offering attractive incentives

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Báo Đầu Tư English 31 month(s) ago

Flamingo Dailai villas offering attractive incentives

On March 16 after positive signals received from Vietnam’s property market, Flamingo Dailai Resort – invested in by Flamingo Dailai Resort Joint Stock Company – opened the sale of Hoang Tuoc villas. They are part of the Flamingo Dailai resort, a tranquil world-class retreat located in the northern province of Vinh Phuc.

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Viettel to buy South Korea’s Kakao Talk

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Báo Dân Trí English 33 month(s) ago 1 related news

Viettel to buy South Korea’s Kakao Talk

Vietnam Military Telecommunications Group (Viettel) began negotiations to buy certain foreign companies, including South Korea’s over-the-top content (OTT) service Kakao Talk.

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