PM: each State group, corporation must be an innovation centre

PM: each State group, corporation must be an innovation centre

Prime Minister Nguyen Xuan Phuc asked each State-owned group and corporation to become centre for innovation during a conference in Hanoi on October 16.
China Steel Sumikin’s $1.1bln project close to completion

China Steel Sumikin’s $1.1bln project close to completion

A $1.15 billion integrated steel factory in southern Ba Ria-Vung Tau province, backed by a joint venture led by Taiwan’s China Steel Corporation, is in its final stages of pre-production and could start making steel in spring 2013.
Vietnam stops piloting two construction groups

Vietnam stops piloting two construction groups

Prime Minister Nguyen Tan Dung has decided to stop piloting two construction groups and assigned the Ministry of Construction to re-arrange enterprises directly under its management.
Transport firms look for the fast lane

Transport firms look for the fast lane

How to streamline leading transport sector businesses is becoming a vexed question.
SOEs’ violations put big dent in the state budget

SOEs’ violations put big dent in the state budget

State-owned firms’ serious state budget violations have driven a bus through the government’s financial management.
Nidec licenced to open new factory at hi-tech park

Nidec licenced to open new factory at hi-tech park

Nidec Seimitsu Vietnam Corporation, a subsidiary of the Japan-based Nidec Corporation, on Monday received an investment certificate to develop a micro-motor factory at the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City.
Japan’s SMEs to support struggling firms

Japan’s SMEs to support struggling firms

To boost the development of supporting industries, Vietnam is promoting investments from Japan’s small- and medium-sized enterprises (SMEs). Ngoc Linh reports.
Power players in state of shock and awe

Power players in state of shock and awe

In a bid to ease severe power shortages, the government has tasked state-owned groups with playing a key role in developing power projects in the coming decade. But, these groups are complaining about a lack of ready cash for power investments.
AES plant to boost power supply

AES plant to boost power supply

AES Corporation and its foreign partners have signed off on the final administrative procedures which will let them kick-off construction of $1.9 billion coal-fired power project next month.

Vinashin works way out of trouble

Troubled state-owned shipbuilder Vinashin is rushing to resume production plans to cover its huge debts.
VN-Index mounts for second day

VN-Index mounts for second day

The shares of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange advanced the second day on November 24 with support from financial and banking stocks.