Vietnam Electricity tops country’s debtor list with $9.7bn in liabilities

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Báo Tuổi Trẻ English 4 day(s) ago 1 related news

Vietnam Electricity, the country’s power monopoly, has been crowned a ‘champion title’ it can hardly take pride in – the biggest debtor among all state-run Vietnamese enterprises.

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Five prosecuted for massive losses at state-run firm

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Báo Đầu Tư English 4 day(s) ago

The Ministry of Public Security’s Investigative Agency has decided to prosecute five former executives of the textile factory of the State-run giant, PetroVietnam, and a subsidiary, for causing considerable economic losses.

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11 Hilton projects to be developed in VN

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Báo Đầu Tư English 5 day(s) ago

BRG Group said it will join hands with Hilton Worldwide Group to run 11 Hilton hotel projects in Viet Nam.

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Four arrested, one at large, as Vietnam probes massive losses at state-run firm

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Báo Tuổi Trẻ English 6 day(s) ago

Vietnamese police have initiated criminal proceedings against five people responsible for sending a well-invested state-run enterprise into steep losses, officers announced on Tuesday.

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Experts fear unchanged monopoly as Vietnam’s sole power utility announces restructure

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Báo Tuổi Trẻ English 7 day(s) ago

A state-run company that monopolizes the control of power in Vietnam is set to undergo a restructure which it says will help the electricity market become more competitive, even though experts believe the otherwise.

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Who owns the Tan Son Nhat Golf Course?

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Báo Tuổi Trẻ English 1 week(s) ago

Members of the public have been wondering who the real owner of the headline-grabbing Tan Son Nhat Golf Course is.

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Siemens supplies 46 transformer substations to Bangladesh

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Báo Đầu Tư English 1 week(s) ago

Global engineering powerhouse Siemens has just received an order from the state-run energy provider, Bangladesh Rural Electrification Board (BREB), to supply 46 transformer substations for Bangladesh.

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Yahoo signs off, completes sale to Verizon

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

WASHINGTON: Internet pioneer Yahoo ended its two-decade run as an independent company on Tuesday (Jun 13), completing the sale of its core online assets to telecom giant Verizon.

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Bright long-term prospects for Asia’s new rising star

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Báo Đầu Tư English 2 week(s) ago

Since the introduction of the Doi moi policy in the late 1980s, Vietnam has been one of the strongest-growing economies in the world – and looks to build on these reforms to continue sustainably growing far into the future. John Hawksworth, chief economist at PwC, delves into the key success factors that will propel Vietnam to 2050 and beyond.

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Photos: Abandoned $145mn steel plant in northern Vietnam

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Báo Tuổi Trẻ English 3 week(s) ago

The ‘legacy’ of the infamous, and now defunct, state-run Vinashin not only includes a loss-making shipbuilder and its debt-ridden subsidiaries, but also a deserted multimillion-dollar steel in northern Vietnam.

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Formosa steel plant in Vietnam restarts after toxic spill

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Báo Tuổi Trẻ English 3 week(s) ago

Formosa Plastics Group's steel plant in Vietnam restarted on Monday after its operations were halted for causing one of the country's worst environmental disasters, local media reported.

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Korean bank pledges $233mn loan for Ho Chi Minh City airport metro

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Báo Tuổi Trẻ English 3 week(s) ago

The Export-Import Bank of Korea (KEXIM) has promised to provide US$233.3 million in official development assistance (ODA) for Ho Chi Minh City to build a metro line connecting to Tan Son Nhat International Airport.

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Vietnam bid farewell to FIFA U-20 World Cup

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Báo Tuổi Trẻ English 3 week(s) ago

Vietnam’s fairy tale run to the FIFA Under-20 World Cup in South Korea has ended after they managed only one point from the group stage, but there will not be angry fans waiting for them back home.

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PetroVietnam set to lose $220mn on loss-making shipbuilder

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Báo Tuổi Trẻ English 1 month(s) ago

An investment of nearly US$225 million by state-run PetroVietnam, made to revitalize a struggling shipbuilder, is likely to become money down the drain as the loss-making firm is on the verge of bankruptcy.

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No Vietnamese injured in hospital blast in Bangkok

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Báo Đầu Tư English 1 month(s) ago

No Vietnamese citizens were injured at the bomb blast at a military-run hospital in Bangkok, Thailand, on May 22.

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