Bitexco Group to acquire interest in Oil & Gas Block 12W

Representatives of the two companies at the signing ceremony.

HÀ NỘI - Bitexco Energy Ltd., a wholly-owned subsidiary of Bitexco Group, has signed a share purchase agreement with Ophir Jaguar 2 Ltd., a wholly-owned subsidiary of PT Medco Energi Internasional Tbk., to acquire all of the shares of Ophir Vietnam Block 12W B.V.

Ophir Vietnam Block 12W B.V is a company incorporated in Netherlands which holds a 31.875 per cent interest in the oil and gas exploitation contract for Block 12W, Nam Con Son Basin, offshore Việt Nam.

The acquisition is expected to be completed in the first half of 2023 following receipt of the necessary approvals from Vietnamese authorities, the company said.

Techcombank sets US$1 billion profit target this year

bizhub

SeABank sets a growth target of 28 per cent

bizhub

Vietnam Airlines plans to further increase flights during holidays

bizhub

Prudential total revenues up 7.6% in 2023

bizhub

Vietnam Airlines to open direct flights to Manila, Philippines

bizhub

Long Sơn petrochemical complex to begin commercial operation in Q3

More on this story

bizhub

VinFast delivers nearly 600 EVs in November

First Vietnamese electric vehicle (EV) manufacturer VinFast announced on December 13 that it handed over 594 EVs of VF e34 and VF 8 models to its customers in November.

bizhub

Conference discusses latest medical innovations

Medical innovation contributes to raising the quality of comprehensive care and improving the quality of life for patients, delegates said at a scientific conference in HCM City on December 9.

bizhub

SHB completes issuance of 400 million shares, increases charter capital to $1.3 billion

This is an important foundation to help SHB increasingly improve its reputation with the domestic and foreign investment community as well as international credit rating agencies.

bizhub

FrieslandCampina Việt Nam launches new products

FrieslandCampina, one of the world’s largest dairy cooperatives, has introduced FrieslandCampina Professional, a high-quality food solution portfolio in Việt Nam, at the Vietnam Foodtech international food expo held in HCM City from December 7 to 10.

bizhub

Sacombank rolls out anniversary promotions to thank customers

Sacombank is offering a range of attractive promotions for individual and corporate customers from December 5 to 31 under a programme called ‘Golden Birthday - A thousand incentives’ to mark its 31st founding anniversary on December 21.

bizhub

Phenikaa Group, Vicostone named in Top 100 sustainable businesses in VN

This is the fifth consecutive year Phenikaa have been named in the list and the seventh consecutive for Vicostone.

bizhub

AIH extends cooperation with Johns Hopkins Medicine International

The American International Hospital (AIH) in HCM City and Johns Hopkins Medicine International (JHI) signed an agreement in HCM City on December 4 to extend their cooperation towards standardising the former’s healthcare services quality and improving treatment efficiency following American standards.