The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) had been working to meet the increasing demand for coal for electricity generation and production, Vinacomin’s general director Đặng Thanh Hải said.

The Vietnamese Government would create optimal conditions for US enterprises to invest successfully in Việt Nam and was willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyễn Xuân Phúc.

Deputy Prime Minister Trịnh Đình Dũng has called on Russian gas group Gazprom to continue its close co-ordination with Vietnamese ministries, agencies and partners in scientific and technological applications and administrative reforms in order to reduce costs and improve investment efficiency.

The Việt Nam Chamber of Commerce and Industry held a meeting for Vietnamese and Russian businesses in Hà Nội on Thursday to exchange co-operation opportunities in numerous fields.

HCM City wanted Samsung Group to open a research and development centre in the city to take advantage of its skilled human resources, a local official said.

The European Chamber of Commerce in Việt Nam (EuroCham) launched the 11th edition of its annual Whitebook at a conference in Hà Nội on Thursday, focusing on the future of economic development of Việt Nam.  

Việt Nam Oil and Gas Group (PVN) hopes to add 15 million tonnes oil to reserves in both 2019 and 2020, heard the company’s conference to implement exploitation plan held in Vũng Tàu City on Thursday.

The Government is considering withdrawing a proposal from the Ministry of Finance (MoF) to increase environmental taxes on fuel products to the maximum of VNĐ8,000 (US$0.35), stating the move requires further consideration.

Listed companies on the Hà Nội Stock Exchange (HNX) reported their profits grew 11.4 per cent year on year to reach VNĐ19.93 trillion (US$855.6 million) in 2018.