major communist party official charged with soe mismanagement

Major communist party official charged with SOE mismanagement

The Central Inspection Commission has just proposed that the Politburo and the Party Central Committee consider disciplinary actions against Dinh La Thang, currently Politburo member and Secretary of the Ho Chi Minh City Party Committee.
major steel project halted due to unresolved issues

Major steel project halted due to “unresolved issues”

Prime Minister Nguyen Xuan Phuc has requested the suspension of the $10.6-billion Ca Na steel project in the central province of Ninh Thuan in order to “clarify some issues related to the environment and technology.”
pv power hopes to find strategic investors by the end of august

PV Power hopes to find strategic investors by the end of August

PV Power, a wholly-owned subsidiary of state-owned PetroVietnam and the second largest electricity producer in Vietnam after Electricity of Vietnam (EVN) in terms of capacity, hopes to finish its share sale to strategic investors by the end of August.
ubers permission from ministry not yet a call for celebration

Uber’s permission from ministry not yet a call for celebration

Judging by the barrier that Grab encounters in Danang, the recent approval by the Ministry of Transport is not yet a clear step forward for Uber.
formosas 105 billion ha tinh steel complex meets requirement to start blast furnace

Formosa’s $10.5 billion Ha Tinh steel complex meets requirement to start blast furnace

The working group from the Ministry of Natural Resources and Environment complemented by a body of other scientists have concluded that Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. (HFS), a subsidiary of Taiwanese Formosa Plastics Corp. meets the requirements for the first blast furnace to start operation.
sabeco continues to attract despite delays in share sale

Sabeco continues to attract despite delays in share sale

Though the company is months behind its plan to sell the state’s stake, investors’ interest in Saigon Alcohol Beer and Beverages Corporation (Sabeco) has not waned.
consumer electronics retail losing its appeal

Consumer electronics retail losing its appeal

As the two dominating names in consumer electronics retail, Mobile World Investment Corporation (MWG) and FPT, are slowing down or trying to branch out, it seems that consumer electronics in Vietnam is losing its allure.
enfinity wind power project to start construction in october 2018

Enfinity wind power project to start construction in October 2018

Enfinity Ninh Thuan’s delayed $266-million wind farm project in the central province of Ninh Thuan is going to start construction in October 2018.
vietnams sole tobacco producer to sell entire holdings in confectionery firms

Vietnam’s sole tobacco producer to sell entire holdings in confectionery firms

Vietnam National Tobacco Corporation recently announced a complete divestment from two confectionery investees, Huu Nghi Food (UpCOM: HNF) and Hai Ha Confectionery JSC (HNX: HHC).
thai cement acquisitions a questionable decision

Thai cement acquisitions: a questionable decision

The two biggest Thai cement companies were recently involved in million dollar takeovers of two cement companies in Vietnam, but in the face of the domestic cement glut and the bad business results of Vietnamese companies in the industry, was this really a smart move?
doosan takes responsibility for fire at vinh tan 4 thermal power plant

Doosan takes responsibility for fire at Vinh Tan 4 thermal power plant

Doosan, the construction contractor at Vinh Tan 4 thermal power plant, announced that it would take all responsibility for the recent fire.
siam cement group acquires construction material company in central vietnam

Siam Cement Group acquires construction material company in central Vietnam

SCG Cement-Building Materials Co., Ltd., a member of Siam Cement Group (SCG), has just spent $156 million on buying up the shares of Vietnam Construction Materials JSC (VCM).
scg now sole foreign investor in long son refinery

SCG now sole foreign investor in Long Son refinery

Siam Cement Group (SCG) has finished acquiring the stakes of its former venture partner Qatar Petroleum (QP) in Long Son Petrochemical Complex, as reported by The Bangkok Post.
uber still at odds with regulators

Uber still at odds with regulators

Uber yet again finds itself in new disagreements with authorities.
lafargeholcim vietnam no more

LafargeHolcim Vietnam no more

The sale of the 65 per cent stake in LafargeHolcim Vietnam by its Swiss mother company to Thai Siam City Cement has been finished.