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PetroVietnam Finance posts earnings of $7.48m
Monday, 30 June 2008

PetroVietnam Finance posted a pre-tax profit of VND123.4 billion (US$7.48 million) in the first five months of this year, representing 12.3 per cent of the year’s target.

PVFC plans to make VND5 trillion in revenue, and VND1 trillion for the year.

Source: VietNamNet

 
Hot incentives in line for cold infrastructure and energy sectors
Monday, 30 June 2008

A lack of quality infrastructure has caused ripples for some foreign firmsForeign investors will soon enjoy better incentives when exploring investment projects in Vietnam’s cash-strapped infrastructure and energy sectors.

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Japan willing to help Vietnam develop seaports
Friday, 27 June 2008

Ships unload containers at Cat Lai seaport, HCM City.First Secretary of the Japanese Embassy in Vietnam Jin Kimoto, has affirmed that Japan is willing to assist and cooperate with Vietnam in developing seaports and improve seaport management capacity.

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One more heavy tonnage ship gets launched
Tuesday, 24 June 2008
The Nam Trieu Shipping Corporation, Nasico, in the northern port city of Haiphong , on June 22 successfully launched a 53,000 tonne freighter, which it has built for a British customer.
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Report outlines VN weaknesses
Tuesday, 24 June 2008
The enabling-trade index relies on four sub-indicators - market access, border administration, transport and communication infrastructure, and business environment.Vietnam ranked the 91st out of 118 nations listed in the Global Enabling Trade Report for 2008. The floor ranking was attributed to market access deficiencies, released by the World Economic Forum.
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Dung Quat EZ expansion scheme aims to attract investors
Saturday, 21 June 2008
With a plan to expand 5 times the Dung Quat economic zone, the zone Management Board expects to attract more domestic and foreign investors.
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32 million tonnes of equivalent oil exploited
Saturday, 21 June 2008

Members of the Vietnam National Oil and Gas Group have exploited 9.32 million tonnes of equivalent oil over the past five months, including 6.09 millioin tonnes of crude oil and 3.14 billion cubic metres of gas.

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Gas reaches all-time highs as global prices keep soaring
Saturday, 14 June 2008

Industry experts have attributed the higher prices to the price hike on the global market and the rising exchange rate between the US dollar and the Vietnamese dong.Several gas agents in Hanoi have raised retail gas prices by VND5,000-15,000, hitting an all-time high of around VND280,000-295,000 (US$17.5-18.4) per 12kg canister, over the past few days.

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