Easy access to capital makes for ineffective state-owned firms in Vietnam

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Báo Thanh Niên English 4 day(s) ago

Preferential policies provide state-owned groups with easier access to capital than private companies, but they perform less effectively.

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Slow reforms cloud Vietnam's economic growth outlook: IMF

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Báo Thanh Niên English 1 week(s) ago

Slow reforms cloud Vietnam's economic growth outlook: IMF

Workers of the state owned group Electricity of Vietnam repair a utility pole in front of an ACB bank branch in Hanoi

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MBV posts sales growth of 43%, doubles warranty

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SaigonTimes English 1 month(s) ago

MBV posts sales growth of 43%, doubles warranty

HCMC – The manufacturer of luxury cars Mercedes-Benz Vietnam finished the first quarter, posting a sales increase of 43% year-on-year in the sedans and sport-utility vehicle segments, reaching 328 units. This is more than double the average growth of the Vietnam Automobile Manufacturers Association (VAMA) members (21%), and much more than the overall automobile market.

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No power price hikes in April: ministry

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Báo Thanh Niên English 1 month(s) ago

Vietnam’s national power utility has momentarily eased concerns saying it has no plans to hike prices this month because of a sudden surge in prices of oil products.

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Public utility prices – public enemies

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Báo Tuổi Trẻ English 1 month(s) ago

Public utility prices – public enemies

It was on Saturday last week that for the first time ever, I did not pay attention to the meter of the fuel dispenser at a gas station following the requirement of an employee who asked me to watch his pumping process, as I often did.

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TEPCO warns more cuts needed to stay afloat

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Báo Đầu Tư English 1 month(s) ago

TEPCO warns more cuts needed to stay afloat

Tokyo Electric Power said Monday it must cut $1.1 billion more in annual costs to stay afloat as the operator of the crippled Fukushima nuclear plant faces huge compensation and clean-up costs.

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Vietnam city waives rent for investors at high-tech park

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Báo Thanh Niên English 2 month(s) ago

The central city of Da Nang has announced it will not charge rent to investors at its high-tech park, which aims to become a Vietnamese version of California’s Silicon Valley.

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City Party Secretary Le Thanh Hai visits Singapore

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SaiGon GP English 2 month(s) ago

Le Thanh Hai, Secretary of the Party Committee of Ho Chi Minh City, accompanied with a high-level delegation, held a meeting with the Economic Development Board of Singapore on March 20.

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EVN aims to add 1,440 MW to national power grid

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Nhân dân English 3 month(s) ago

EVN aims to add 1,440 MW to national power grid

The Ban Chat hydropower plant in the northern province of Lai Chau

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VNPT to stop CardPhone service from March

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Báo Dân Trí English 3 month(s) ago

VNPT to stop CardPhone service from March

The Vietnam Posts and Telecommunications Group (VNPT) will officially stop providing its CardPhone service nationwide from March 25 after over 15 years of operation.

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Labourers set for constructive Tet

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Nhân dân English 3 month(s) ago 1 related news

Labourers set for constructive Tet

At the Lai Chau Hydropower plant’s construction site (Image: VNA)

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Labourers set for constructive Tet

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VietnamPlus English 3 month(s) ago

As many as 1,000 workers have decided to stay and work on the Lai Chau Hydropower Project in the northern province of the same name, instead of returning home for Tet holiday.

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Labourers set for constructive Tet

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

As many as 1,000 workers have decided to stay onsite and work on the Lai Chau Hydropower Project in the northern province of the same name, instead of returning home for the upcoming Tet holidays.

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Siemens scores sought after Phu My contract

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Báo Đầu Tư English 4 month(s) ago 1 related news

Siemens scores sought after Phu My contract

Siemens Energy Service has been awarded a long-term service programme contract extension for Phu My 3, Vietnam’s first power plant built on a build-operate-transfer contract.

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Utility to invest $225m in power projects

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VietNam News English 4 month(s) ago 1 related news

The Southern Electricity Corporation has announced that it will invest nearly VND4.5 trillion (US$225 million) in major power projects this year in efforts to ensure electricity for people in the region.

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