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  • Petrol companies debate changes to stabilisation fund

    Petrol companies debate changes to stabilisation fund HA NOI (VNS)-- Petrol wholesalers yesterday gathered to make recommendations on an amended decision on fuel trading drafted by the Ministry of Industry and Trade. At a meeting to adjust and supplement Decision 84/2009/ND-CP, the Viet Nam Petroleum Association proposed that traders be allowed to adjust up retail prices if the reference ...

  • Gold loses its appeal as VN bucks Asia trend

    Gold loses its appeal as VN bucks Asia trend HA NOI (VNS) -- Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC). Demand in China was 185 tonnes and demand in India was 160 tonnes, which raised global demand 12 per cent to 551 tonnes. But in Viet Nam, demand ...

  • National stocks end two-day rally

    Investors follow a trading session at Hoang Gia Securities Co in Ha Noi. Shares fell into the red during yesterday's session on both national stock exchanges. -- VNS Photo Thai ...

  • Lower interest rate hoped to encourage spending

    Lower interest rate hoped to encourage spending HA NOI (VNS)-- The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story. First-quarter business reports of 95 securities companies showed that investors' accounts contained more than VND7 trillion (US$333.3 ...

  • CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring

    CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring HCM CITY (VNS)-- CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced. The price of GAS has been increasing for almost a week, reaching VND54,500 (US$2.60) a share, the highest level since its ...

Movie Review

The Company Men [Blu-Ray]

The Company Men [Blu-Ray]

In a happenstance that was entirely unintended, I watched John Wellss The Company Men right after revisiting Herbert Rosss The Secret of the My Success (1986). Wellss film, which intertwines the stories of three downsized corporate executives and feels ripped from all th ... ...

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  • Jewellery company profits down due to low gold sales

    Jewellery company profits down due to low gold sales HCM CITY (VNS)-- Phu Nhuan Jewellery Co (PNJ)'s first quarter net profits fell 28.5 per cent year-on-year, reaching just VND66 billion (US$3.1 million). Its gross revenue was also down over 13 per cent to nearly VND1.77 trillion ($84.3 million), the company reported. Both sales and financial costs declined from 23-32 per cent ...

  • Software company FPT posts $30m profit in first quarter

    Software company FPT posts $30m profit in first quarter HA NOI (VNS)-- Software producer FPT Corp (FPT) reported a net profit of VND622 billion (US$29.6 million) in the first four months of this year. Most of its businesses saw positive growth, with software development for the domestic market up 76 per cent over the same period last year, software exports up 39 per cent, IT services up 24 ...

  • Thirty-nine projects lose licences

    Thirty-nine projects lose licences DONG NAI (VNS)-- Southern Dong Nai Province proposed to the provincial People's Committee to revoke licences of 39 property projects, worth totally US$2.1 billion, due to the stagnant implementation. Many projects in the province were under slow implementation, the department said. Statistics showed that projects which were finished or put into ...

  • Viet-Han Corporation executives register to sell 12.28 stake

    Viet-Han Corporation executives register to sell 12.28% stake HCM CITY (VNS)-- Two executives of Viet-Han Corporation, a communications equipment manufacturer listed on the HCM City exchange, plan to sell a large volume of company shares over the next two months. General Director Huynh Tan Chung has registered to sell more than 3 million shares, equivalent to a 12.28 per cent of the ...

  • Capital urged to tackle land violations

    Capital urged to tackle land violations HA NOI (VNS)-- The Ha Noi People's Committee has ordered handling of land violations and projects under slow implementation to be hastened. The handling must be finished by the end of September and reported to the city's People's Committee within October. Projects which failed to have violations handled before the deadline would be ...

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