Posts Tagged ‘ The corporation ’

Major international airport planned in Dong Nai 

November 10, 2010
Major international airport planned in Dong Nai 

Once operational, the Long Thanh International Airport can handle gaint aircraft like the Airbus A380 The Southern Airports Corp. has submitted a US$6 billion-plus project to the Ministry of Transport to build the first phase of the Long Thanh International Airport in Dong Nai Province between 2018 and 2020. Under the plan that is seeking [...]

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Russian arms deal aims to modernize Vietnam army: PM

January 10, 2010
Russian arms deal aims to modernize Vietnam army: PM

Prime Minister Nguyen Tan Dung said the recent arms deal with Russia is meant to modernize Vietnam’s army and should not be seen as an arms race. “It is a normal move,” Dung said at a press briefing in Hanoi Friday. Vietnam did not have the opportunity to buy modern submarines and aircraft until now, [...]

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Vietnamese businesses face 2010 with mixed feelings

January 7, 2010
Vietnamese businesses face 2010 with mixed feelings

LookAtVietnam – Vietnamese businesses are facing 2010 with optimism for an international recovery while worrying about domestic policies and loan interest rates. On January, the first export consignment in 2010 from the DHA Group consisting of 51,000 shirts, left port for the US. The export consignment is valued at 250,000 dollar, kicking off the implementation [...]

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Alcohol tests urged for train drivers

December 30, 2009
Alcohol tests urged for train drivers

LookAtVietnam – Blood alcohol testing of train drivers has been recommended by specialists to reduce the number of railway accidents.  Road drivers who violate traffic laws were usually blamed when they were involved in an accident with a train, said Viet Nam Railway Department information and signals unit head Nguyen Mau Hoang.But train drivers were [...]

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Petrol prices fall after deregulation

December 17, 2009
Petrol prices fall after deregulation

The Viet Nam National Petroleum Corporation (Petrolimex) yesterday, December 15, became the country’s first petroleum distributor to decrease pump prices . . . A driver fuels up at a Petrolimex petrol station in Ha Noi. (Photo: VNN)As of 3.30pm yesterday, the corporation offered A92 petrol at VND15,950 per litre, VND350 lower than its earlier price. [...]

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Big losses but huge salaries – is it acceptable?

December 11, 2009
Big losses but huge salaries – is it acceptable?

Tien Phong Daily has roused the public by its revelation of the towering salaries of officials at some money-losing state-owned companies. LookAtVietnam summarizes the series. The SCIC’s headquarters in Hanoi. At a ceremony marking the SCIC’s funding by three state-owned firms subordinate to the Ministry of Agriculture and Rural Development last year, Ta observed that though he [...]

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Making crossings safer

December 9, 2009
Making crossings safer

LookAtVietnam – The Viet Nam Railway Corporation will install convex spherical mirrors and traffic signal lights at railway intersections without guards in an experiment . . . The railway intersection on Giai Phong Street has no safety signals. About 400 railway accidents have happened nationwide so far this year.According to Nguyen Mau Hoang, head of [...]

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Big players wrestle with equitization

November 30, 2009
Big players wrestle with equitization

Many big corporations have not made any discernable move forward in the equitisation process, though they have been at the starting line for a long time. Among the big players, only the Vietnam Paper Corporation (Vinapaco) knows when it will make its initial public offering (IPO).  Vinapco Chairman Do Xuan Tru said that the corporation [...]

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Transport solutions vital to national development

November 25, 2009
Transport solutions vital to national development

LookAtVietnam – Minister of Transport Ho Nghia Dung spoke to Lao dong (Labour) newspaper about the need to overhaul the national transport system. Many people have expressed their anxiety about the heavier and heavier traffic on the country’s already poor infrastructure system. Although Highway 1 has been expanded into an eight-metre-wide asphalt road and some [...]

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Corporate bonds attract foreign investors

November 25, 2009
Corporate bonds attract foreign investors

LookAtVietnam – 2009 has been a really good year for bond offers by Vietnamese companies. Both Vietnamese and foreign investors have snapped them up. Vietnamese corporate bonds will be listed on Singaporean stock marketVincom Group earlier last week sold a $100 million issue of corporate bonds and listed the bonds on the Singapore Stock Exchange, [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...