Low input material price to support profit margins of plastic businesses
September 27, 2022 | 22:08
Vietnam is currently heavily dependent on the import of PVC resins - input materials in the construction plastic production chain. In the second half of this year and 2023, Vietcombank Securities Co (VCBS) forecasts that a low PVC price will support profit margins of businesses.
Construction giants report trillions in losses
April 16, 2019 | 17:38
PetroVietnam Construction JSC, Song Hong Corp., and Vinaincon have all reported massive losses recently.
Former PVTex chairman sentenced to 28 years in prison
September 01, 2018 | 08:00
Four former officials of PVTex have been sentenced to a total of 58 years in prison for embezzlement and bribery.
Appeal court upholds 18 years of imprisonment for Dinh La Thang
June 26, 2018 | 18:00
This afternoon, the court refused Dinh La Thang’s appeal, upholding the penalty of 18 years of imprisonment and VND600 billion ($26.4 million) of compensation.
Soai Rap Petroleum Service Industrial Zone to be revoked
June 04, 2018 | 14:58
PVC will have its Soai Rap Petroleum Service Industrial Zone revoked due to operation inefficiencies and low occupancy rates.
Procuracy sees no evidence to reduce penalty for Dinh La Thang
May 10, 2018 | 17:24
Today (May 10), the Supreme People’s Procuracy proposed upholding the first instance sentence of 13 years of imprisonment given to Dinh La Thang.
Trinh Xuan Thanh receives second life sentence
February 05, 2018 | 16:48
The Hanoi People's Court has sentenced eight defendants for "asset embezzlement" at PV Power Land, issuing the second life sentence for Trinh Xuan Thanh.
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