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Cai Mep: Portal to the Pacific

Cai Mep: Portal to the Pacific

Container throughput in the Cai Mep-Thi Vai port area has increased significantly after enduring a number of slow years. Nguyen Xuan Ky, deputy general director of Cai Mep International Terminal, discusses the important role the port area plays and how it can increase its operational efficiency.

EVN expects increased cost of production in 2017

EVN expects increased cost of production in 2017

Vietnam Electricity expects an increase of at least VND4.6 trillion ($206.3 million) in its production costs in 2017.

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Petrol prices remain unchanged in regular price adjustment

Petrol prices remain unchanged in regular price adjustment

The prices of RON 92 petrol and bio-fuel E5 remained unchanged, while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 on January 4.

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Vietlott records revenue of $70 million

Vietlott records revenue of $70 million

Viet Nam Lottery Company (Vietlott) announced it earned total revenues of VND1.6 trillion (US$70.5 million) in 2016, the record revenue in its five years of operation.

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VAMC gets new chairman

VAMC gets new chairman

The State Bank of Viet Nam on Tuesday announced the appointment of the new chairman of the Viet Nam Asset Management Company (VAMC).

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Local retailers must sell superior products to dominate market

Local retailers must sell superior products to dominate market

Vietnamese producers must improve product quality and make the most of their advantages so that imported goods don’t take over the market, the Vietnam Chamber of Commerce and Industry said.

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Tan Cang JSC wants to join aviation market

Tan Cang JSC wants to join aviation market

Tan Cang Offshore Travel JSC has registered to participate in the country’s aviation market.

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Ba Thuoc 1 Hydropower Plant starts idle run

Ba Thuoc 1 Hydropower Plant starts idle run

After three years of construction, Ba Thuoc 1 Hydropower Plant, situated on the Ma River in the central province of Thanh Hoa, started idle run of the first generator on December 29, 2016 before being ready for power generation on national grid in January.

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Vietsovpetro revenue drops 28 per cent

Vietsovpetro revenue drops 28 per cent

Russia and Việt Nam’s oil and gas exploration joint venture Vietsovpetro has exploited five million tonnes of crude oil in 2016.

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Canadian gold mining company suspends Vietnam operation due to lack of fund

Canadian gold mining company suspends Vietnam operation due to lack of fund

Canada’s Besra Gold Inc has suspended operations at the Phuoc Son gold mine in the central province of Quang Nam because it had run out of money.

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Phone, spare part export set on declining trend

Phone, spare part export set on declining trend

The growth rate of the export of phones and spare parts fell by more than half in 2016.

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F&N subsidiary fishing for more Vinamilk shares

F&N subsidiary fishing for more Vinamilk shares

After increasing its holdings in Vietnam Dairy Products Joint Stock Company (Vinamilk) to 13.65 per cent, F&N Dairy Investments Pte., Ltd., a 100 per cent-owned subsidiary of Fraser & Neave Ltd. (F&N), has registered to buy an additional 1.5 per cent, equalling 21.8 million shares, according to newswire Bizlive.

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Vietnam Airlines, Vinatex to go public in January

Vietnam Airlines, Vinatex to go public in January

The securities market will see two of the largest State-owned enterprises stepping into the Unlisted Public Company Market (UPCoM) on January 3, 2017, according to the Ha Noi Stock Exchange.

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Chinese contractors cause long delay in multimillion-dollar project

Chinese contractors cause long delay in multimillion-dollar project

The irresponsibility of Chinese contractors caused the long delay in the construction of the multimillion-dollar Thuong Kon Tum Hydropower Plant, located in the Central Highlands province of Kon Tum.

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Toshiba shares fall 20% after it flags one-off loss

Toshiba shares fall 20% after it flags one-off loss

Tokyo - Toshiba shares dived more than 20 percent Wednesday, its second straight double-digit plunge, as the company said it may book a one-time loss of several billion dollars over its US nuclear business.

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Airbus delays delivery of 12 A380s to Emirates

Airbus delays delivery of 12 A380s to Emirates

PARIS: Airbus said on Tuesday (Dec 27) it was postponing for a year the planned delivery of 12 A380 superjumbos to Dubai's Emirates airline, without offering reasons for the delay.

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