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MWG 2017 growth prospects uncertain

MWG 2017 growth prospects uncertain

In 2016, thanks to the growth of its revenue, profit, and the expansion of its operating network, Mobile World Investment Corporation (MWG) continuously reported record stock prices.

Two GE businesses named the most innovative in the world

Two GE businesses named the most innovative in the world

Fast Company- a world’s leading progressive business media brand- started publishing its “most innovative” lists 10 years ago.

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Petrolimex reports 50 per cent growth in net profit ahead of listing

Petrolimex reports 50 per cent growth in net profit ahead of listing

Vietnam National Petroleum Group (Petrolimex), the biggest fuel distributor in Vietnam and where JX Nippon Oil and Energy Corporation is the sole foreign investor besides the Vietnamese government, reported a net profit of VND5.16 trillion ($226 million), up 50 per cent on-year, before its planned listing by the end of March.

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Success-academy opens gates in Ho Chi Minh City

Success-academy opens gates in Ho Chi Minh City

OlymWorld Academy, an organisation specialising in the training and development of human potential, introduced its exclusive training courses in Ho Chi Minh City on February 17.

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Vinalines to develop logistics centre in the capital

Vinalines to develop logistics centre in the capital

Vietnam National Shipping Lines (Vinalines) plans to develop a large-scale logistics centre in the capital as part of its development strategy for 2020, thoibaotaichinhvietnam.vn reports.

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Titanium mining project rejected due to environmental risks

Titanium mining project rejected due to environmental risks

Authorities in the south-central province of Binh Thuan have turned down a proposed titanium mining project, saying that it could contaminate underground water resources and the environment.

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AJINOMOTO sponsors SEA GAMES and ASEAN PARA GAMES 2017

AJINOMOTO sponsors SEA GAMES and ASEAN PARA GAMES 2017

On February 14, Ajinomoto Co., Inc. signed an agreement to serve as the Platinum Sponsor (the highest rank) for the 29th SEA Games and the 9th ASEAN Para Games held in Kuala Lumpur, Malaysia in August and September this year.

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Confectionery manufacturers forge ahead in Vietnam

Confectionery manufacturers forge ahead in Vietnam

Vietnam is fast becoming a treasured production base as well as consumption market for the world’s leading confectionery manufacturers.

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Triple-E container ship docks at Cai Mep international terminal

Triple-E container ship docks at Cai Mep international terminal

Margrethe Maersk, a Triple-E container ship which is the world’s largest, docked at Cai Mep International Terminal (CMIT) on Monday – a milestone in Vietnam’s navigation history.

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Pricing to delay wind power plan

Pricing to delay wind power plan

Viet Nam is not expected to meet its target of generating 800 MW of wind power by 2020 as a proposal to increase the regulated selling price of wind power has been postponed.

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ACV abuses monopoly power, causes bad service quality at airports

ACV abuses monopoly power, causes bad service quality at airports

Airport Corporation of Vietnam, the sole airport company managing the 22 airports across the country, has recently been found committing several violations.

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First stage of Lien Chieu Port upgrade to cost $247m

First stage of Lien Chieu Port upgrade to cost $247m

Japanese consultants have recommended that Da Nang deploys the Public-Private-Partnership (PPP) model for the first stage of expanding the Lien Chieu Port, expected to cost VND5.58 trillion (US$247 million).

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More energetic label reforms needed

More energetic label reforms needed

Though the Ministry of Industry and Trade’s new circular has allowed enterprises more latitude in energy labelling requirements, firms are saying that bureaucratic tangles remain.

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Local drug firms captivate foreign clients with profits

Local drug firms captivate foreign clients with profits

2016 was a profitable year for Vietnam’s biggest pharmaceutical firms, making the lucrative industry more appealing for international groups.

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Misconduct charges irk trade official

Misconduct charges irk trade official

Ho Thi Kim Thoa, Deputy Minister of Industry and Trade, and her family have made headlines for owning significant stakes in Dien Quang JSC – a dominant lighting firm – as investigations began to determine if there are any conflicts of interest.

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GM plans to build, test thousands of self-driving Bolts in 2018

GM plans to build, test thousands of self-driving Bolts in 2018

DETROIT: General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker’s plans said this week.

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