Vietnam Rubber Group posts rising revenue and profit in 2020 The Vietnam Rubber Industry Group JSC reported VNĐ21.17 trillion (US$915.6 million) in revenue and VNĐ5.23 trillion in post-tax profit in 2020, year-on-year increases of 6.9 per cent and 36.4 per cent, respectively.

Bình Sơn Refining and Petrochemical targets $3.06 billion in revenue

The plan has been developed based on the crude oil reference price of $45 per barrel and the reference exchange rate of VNĐ23,500 per US dollar.

Draft documents on Party building and national development debated at 13th Congress

A discussion regarding draft documents on Party building and national development took place under the chair of Prime Minister Nguyễn Xuân Phúc on Wednesday as part of the ongoing 13th National Party Congress.

Vietnamese companies thrive despite divestment of foreign shareholders The increase in Việt Nam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems. 

Petrolimex profit falls to five-year low Việt Nam’s largest petroleum retailer Petrolimex (PLX) saw VNĐ1.27 trillion (US$55 million) in pre-tax profit in 2020, down nearly 76 per cent from 2019, the company reported.

SCIC reports $286 million in pre-tax profit for 2020 The State Capital Investment Corporation (SCIC) announced on Thursday that its pre-tax profit increased 36 per cent in 2020 compared to the year prior, hitting an estimated VNĐ6.58 trillion (around US$286 million).

Let inefficient projects go bankrupt: Deputy PM Long An Province has proposed to the Government to convert Phương Nam Pulp Mill into a 100-ha eco-urban area as a measure to handle this heavily-failed project.

Japanese firm acquires 23.7% stake at Transimex

Japanese firm Ryobi International Logistics Việt Nam has acquired nearly 16.8 million shares to become the major shareholder at Transimex Corporation.

Former vice secretary of HCM City’s Party Committee prosecuted The People’s Procuracy of HCM City on Wednesday commenced legal proceedings against Tất Thành Cang, former permanent vice secretary of the municipal Party Committee, to investigate alleged “violations of regulations on management and use of State assets, causing losses”.

SCIC to divest all capital at Traenco State Capital Investment Corporation (SCIC) announced Tuesday that it was about to divest all stake at Traenco Joint Stock Company (TEC).