Numerous SOEs under special financial supervision

Numerous SOEs under special financial supervision

Subsidiaries of SOEs like Jetstar Pacific, Angkor Air, DAP-Vinachem, and Petrolimex Laos will come under special financial supervision.
Gov’t plans to equitize 93 State-owned enterprises through 2020

Gov’t plans to equitize 93 State-owned enterprises through 2020

Prime Minister Nguyen Xuan Phuc has signed a Decision approving the list of 93 State-owned enterprises which will be equitized from now to the end of 2020.
CMSC to supervise finance of 19 State-owned groups

CMSC to supervise finance of 19 State-owned groups

The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.
Quang Ninh coal mine accident kills one, injures another

Quang Ninh coal mine accident kills one, injures another

Two workers were trapped in a coal mine belonging to Mong Duong Coal Company in Cam Pha City, northern Quang Ninh Province, after an accident on Wednesday morning.
Vinacomin posts rosy first quarter results

Vinacomin posts rosy first quarter results

Vinacomin has reported buoyant performance in the first quarter of the year, with profit touching 45 per cent of the full-year plan.
Moody’s affirms Vinacomin’s B3 rating amid slower coal export

Moody’s affirms Vinacomin’s B3 rating amid slower coal export

Moody’s Investors Service has affirmed the B3 corporate family rating for state-owned Vinacomin on the back of slower coal exports.
Vietnamese coal in a tight spot

Vietnamese coal in a tight spot

Coal is imported more and more, due to some coal thermal power plants are putting into opearation and imported coal is cheaper.
Vinacomin and EVN protest Geleximco-HUI’s thermal power plants proposal

Vinacomin and EVN protest Geleximco-HUI’s thermal power plants proposal

Vinacomin and EVN protested against Geleximco’s proposal to co-operate with Chinese partners to develop billion-dollar thermal power plants.
Vinacomin stays bullish on bauxite

Vinacomin stays bullish on bauxite

Despite a recent drop of aluminium prices and the collapse of its key port project, the state-owned Vietnam National Coal and Mineral Industries Group is expressing optimism about its first bauxite-aluminium plant and affirms plans to pursue construction of a second one in the Central Highlands.
Vinacomin in the clear over duties

Vinacomin in the clear over duties

State-owned mining corporation Vinacomin will not be required to pay disputed additional import duties of $7.5 million.
Vinacomin discloses  blueprint for overhaul

Vinacomin discloses blueprint for overhaul

Vinacomin, Vietnam’s largest state-owned mining group, has disclosed a plan to divest a series of its non-core business holdings by 2015 in accordance with the government-ordered overhaul of the state-owned sector.
Flagship $1bn port plan is torpedoed out of water

Flagship $1bn port plan is torpedoed out of water

Vietnam has scrapped long-standing plans to build the $1 billion Ke Ga port project in southern Binh Thuan province.
Tax cut will help Vinacomin maintain business: official

Tax cut will help Vinacomin maintain business: official

The Ministry of Industry and Trade proposes lowering the coal export tariff in a bid to help Vietnam National Coal and Mineral Industries Group (Vinacomin) survive the tough times and preserve its credit rating to take out soft loans.
Coal giant wants tax cut, urged to save itself

Coal giant wants tax cut, urged to save itself

The state-run Vietnam National Coal and Mineral Industries Corporation, or Vinacomin, has repeatedly called for a reduction of the coal export tax to help ease its troubled operations, but industry insiders say the enterprise should save itself before asking for an incentive.
Vinacomin calls for SOS

Vinacomin calls for SOS

State miner Vinacomin is seeking policy support to tackle growing coal inventory.
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