Việt Nam News

PetroVietnam Drilling & Well Service Corporation last week signed a contract worth over US$6 million for providing jack-up rig “PV Drilling I” and drilling services to Singapore-based KrisEnergy (Gulf of Thailand) Ltd.

The price of cooking gas in HCM City and the southern provinces has been raised by VNĐ16,000 (70 US cents) for a 12kg canister with effect from September 1.

The Hà Nội Consultant and Construction Investment JSC on Wednesday began trading one million shares on the Unlisted Public Company Market (UPCoM) under code CCH.

The Japan-Vietnam Medical Instrument JSC (JVC) targets VNĐ630 billion (US$28 million) in net revenue for 2017, an increase of 26 per cent from last year’s number, the management board said at the company’s annual shareholder meeting on Thursday.

Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.

The Ministry of Agriculture and Rural Development (MARD) is expected to prepare a decree on the promotion of organical agriculture.

The eight month’s revenue, if excluding the price factor, gained a year-on-year increase of 8.9 per cent, the highest level recorded since the beginning of this year.

A delegation of lawmakers will supervise the implementation of laws and policies on the management and use of foreign loans.

The Prime Minister has issued Decision No 37/2017/QĐ-TTg on the abrogation of the list of 114 imported products and goods subjected to quality inspection.

Khánh Hòa Province People's Committee has registered with the Hà Nội Stock Exchange to offload 13.5 million shares, or 55 per cent stake, of Nha Trang Port JSC.

Money shifted back to financial stocks on Thursday which helped the market extend gains on the HCM Stock Exchange.

With the largest population in the world and an increasing affluent one, China is a lucrative market for Vietnamese seafood products.

Việt Nam imported 7.9 million tonnes of coal worth US$801 million in the first seven months of the year.

The central province of Thừa Thiên-Huế shipped US$530 million worth of products to foreign countries in the first eight months of 2017, a year-on-year surge of 21.16 per cent.

State-owned enterprises divested more than VNĐ3.7 trillion (US$163.4 million) in book value from investment in non-core operations during the first eight months of 2017, according to the Ministry of Finance’s Corporate Finance Department.

The General Department of Vietnam Customs held a dialogue with European businesses in HCM City on August 30 to help clear customs issues of their concern, especially customs revaluation.

The Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) has released the list of criteria that institutional investors must satisfy to become a strategic partner of the firm.

Belgian Rent-A-Port N.V. on Wednesday signed a memorandum of understanding (MoU) with Việt Nam National Shipping Lines (Vinalines).