PMH urged to dole out profits

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Báo Đầu Tư English 2 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 2 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 2 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 2 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 2 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 8 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 10 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 10 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 13 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 17 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 19 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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Thousands of S.African gold miners to strike over pay

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VietNam News English 24 month(s) ago

Tens of thousands of gold mineworkers are set to down tools Tuesday after wage talks broke down, threatening to cost millions of dollars in lost output in a declining sector.

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The flip side of religious donated money

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Báo Tuổi Trẻ English 27 month(s) ago

The flip side of religious donated money

Donated money, in both small denominations and generous sums, has brought about bitter, ironic consequences.

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YouTube’s representative ensures profits for local artists

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Báo Tuổi Trẻ English 28 month(s) ago 1 related news

POPs, YouTube’s representative in Vietnam, stressed at a press conference on May 30 that the more the Vietnamese music video clips are shared on YouTube, the more profits their owners gain from the ads revenues.

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Vietnam reboots SOE equitization, taking cautious steps

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VietnamNet English 40 month(s) ago

Vietnam reboots SOE equitization, taking cautious steps

VietNamNet Bridge – The government of Vietnam has decided to restart the state owned enterprise (SOE) process, even though it has anticipated big difficulties.

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