The Prime Minister announced import tax on crude oil will be scrapped from the current rate of 5 per cent.
PV Oil’s locking of the foreign ownership ratio at 6.6 per cent is a temporary measure before the Government endorses its new capital divestment plan, according to the company’s general director Cao Hoài Dương.
Plummeting oil prices in the fourth quarter of 2018 have negatively affected the production and business efficiency of enterprises.
Issuance value of corporate bonds in Việt Nam reached a five-year high of VNĐ39.45 trillion (US$1.7 billion) in 2018, data from Bảo Việt Securities Co (BVSC) showed.
The Securities Journalists Club on Thursday announced the top 10 biggest events for Việt Nam’s stock market in 2018.
Việt Nam has leapt to become Southeast Asia’s top grossing market for initial public offerings in 2018 with total proceeds of US$2.6 billion.
PetroVietnam Oil Corporation (PV Oil) estimates its total revenue in 2018 may reach VNĐ57 trillion (US$2.5 billion), beating its forecast by 15 per cent.
The Unlisted Public Company Market (UPCoM) has gained less attention compared to the Hồ Chí Minh and Hà Nội stock exchanges in the last few months, but there are some names expected to boost investor confidence.
PetroVietnam Oil Corporation (PV Oil), the second-largest petrol dealer in the country, will sell the State’s stake in a package deal instead of splitting it into different small sales, news site ndh.vn reported.