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EVN to sell 5.3 per cent stake in ABBank to HDBank

Electricity of Viet Nam (EVN) today said it will sell 5.3 per cent of its stake holdings at An Binh Commercial Joint Stock Bank (ABBank) to HDBank as a part of a restructuring plan to focus on its core business.


US oil firm ConocoPhillips sells VN assets

Workers inspect gas pipelines at Nam Con Son. ConocoPhillips, which had a 16.3 per cent interest in the Nam Con Son pipeline, has sold all its assets in Viet Nam. — VNA/VNS Photo Ha ThaiCono [ … ]


DHL-VNPT Express in a hurry to fortify its market leader status

Current economic challenges have impacted the profitability of many companies in Vietnam.


EVN in the reign of Dao Van Hung: time of power cuts

Lacking power was the regular statement made by EVN, while cutting power was the regular thing made by the power group.


Vinatexmart opens new market, fashion store

Vinatex Fashion, the owner of the Vinatexmart retail chain under Vietnam National Garment and Textile Group (Vinatex), on Saturday opened its first market in Binh Duong Province and a new fa [ … ]


Amway’s strong foundation for long-term growth

(1 vote, average 5.00 out of 5)

Amway Vietnam, a direct selling (or multi-level marketing) company  last week opened a new representative office in Hanoi to further focus on training and development for its distributo [ … ]


Regulation on minimum wage torments workers

A paradox has been existing that the salaries of workers in foreign invested enterprises (FIEs) are even lower than that of workers in state owned enterprises. It is because of the unreasona [ … ]


EVN’s actual salary found lower than reported

The average monthly salary at the Electricity of Vietnam Group (EVN) in 2010 is VND7.62 million (US$365), far lower than the figure previously announced by the State Audit Office, said inspe [ … ]


First inspection results show EVN's high salaries despite losses

The Ministries of Labour, Invalids and Social Affairs (MoLISA) and Industry and Trade (MoIT) met yesterday to assess the first results of the inspection into salary payment at the Electricit [ … ]


PVC puts into operation new chemical plant

PetroVietnam Drilling Chemical Joint Stock Corp (coded PVC) announced to officially put into operation the new petroleum chemical plant in Cai Mep-Vung Tau Industrial Park in Q2.


EVN chairman vacancy yet to be filled

The Ministry of Industry and Trade has yet to decide who will take over the chairman’s seat at Electricity Group of Vietnam (EVN), Deputy Minister Nguyen Nam Hai said at a press meeting Mond [ … ]


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