joint stock

Petrolimex speeds up restructuring

February 20, 2013 | 15:15

The Vietnam National Petroleum Group (Petrolimex) has set up a corporation which will focus on waterway transport under its restructuring plan.

Additional seven businesses licensed to trade gold bars

January 10, 2013 | 09:35

The State Bank of Vietnam (SBV) on January 8 granted licences to five more credit institutions and two more businesses to trade in gold bars, raising the total number of qualified gold bar trading entities to 38.

Eximbank ex-boss continues to resign another post

September 20, 2012 | 16:17

After resigning as vice chairman of the board of directors of Eximbank yesterday for “personal reasons”, Pham Trung Cang continued to resign from being chairman at another company.

Vietnam has the fifth biggest soybean milk plant

August 28, 2012 | 15:02

Quang Ngai Sugar Joint Stock Company has inaugurated a new soybean processing plant in northern Bac Ninh province.

How did Nguyen Duc Kien get rich with fake projects? 1

August 24, 2012 | 09:34

Issuing corporate bonds and false business plans for real money from banks were the main illegal trading tactics of arrested banking mogul Nguyen Duc Kien, said a central police agency under the Ministry of Public Security.

Tycoon Kien’s family receive VND164 billion hit in share values

August 23, 2012 | 11:13

The family of arrested of business, football and banking tycoon Nguyen Duc Kien took a VND164 billion ($7.8 million) hit to their share holding yesterday (August 21), as stock markets plummeted.

Rubber firms bend with downtimes

July 31, 2012 | 09:06

Natural rubber firms are suffering a downtrend in rubber prices, but tyre-makers are loving it.

Local banks resume gold mobilising

July 26, 2012 | 15:57

Many credit institutions have resumed mobilising gold with an annual interest rate of around 1 per cent from nearly 0 per cent since July 24.

Vietnamese firms channel $3.45bln into Laos

April 27, 2012 | 14:05

Vietnamese firms have expanded their foothold in neighboring Laos with a total investment of $3.45 billion in 212 projects, mainly in hydropower, mining, agriculture and forestry.

Banks move to cut deposit interest rates

March 09, 2012 | 14:57

A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.

Banks bid to attract fresh gold deposits

November 21, 2011 | 19:09

Banks in Ho Chi Minh City are vying to increase interest rates on gold and deposits in unpopular foreign currencies, considering it as a solution to improve liquidity.