Việt Nam's biggest shipping firm reduces charter capital Việt Nam National Shipping Lines (Vinalines), the country's biggest shipping firm, has to reduce its charter capital by another 15 per cent due to unability to sell shares.

Airport operator ACV pays $86 million cash dividend The dividend payout rate was 9 per cent. Every shareholder received VNĐ900 for each share they have.

MoIT concerned over potential electricity shortages

In a report sent to the Government and the National Assembly, Anh’s ministry said extreme weather conditions have left many hydropower plants without enough water to produce electricity.

EVN invests over $397m to expand Hòa Bình plant The Hòa Bình hydropower plant expansion project is expected to start in the fourth quarter of 2020 and is expected to be completed in 2023. Currently, related units are rushing to complete the necessary procedures to implement the project.

State loss-making projects can bring problems to arbitration: Deputy PM Deputy Prime Minister Vương Đình Huệ agrees 12 loss-making State-funded enterprises may bring their conflicts with contractors to arbitrators if those conflicts are not resolved by the end of this year.

PM demands solutions for shipping firms The Prime Minister has asked ministries and Government agencies to support marine shipping firms.

PM urges ministries to avoid power cuts Many key electricity projects, especially large-scale projects that are expected to be completed in 2023, have been delayed, leading to a risk of electricity shortages from 2021.

Equitisation moves at a snail's pace in May

Only three state-owned enterprises got the nod from the State authority for their equitisation plan in May, lifting the total number of companies to have plans approved in the first five months of the year to 30, the Ministry of Finance revealed.

PM hopes Vietnam Airlines to become 5-star airline soon As a national flag carrier and reserve force for national security and defence, Vietnam Airlines should strive to become the first 5-star airline of Vietnam in the earliest time, Prime Minister Nguyễn Xuân Phúc has said.

PM hopes Vietnam Airlines will become a five-star airline soon As the national flag carrier and reserve force for national security and defence, Vietnam Airlines should strive to become Việt Nam's first five-star airline as soon as possible, said Prime Minister Nguyễn Xuân Phúc.