As a State-owned enterprise with a key role to play in the domestic petroleum market and with a network of petrol stations spanning all the 63 cities and provinces throughout the country, Petrolimex has long been providing all types of fuel in service of national security and meeting demand among the population, even in particularly difficult periods. The company currently has a network of nearly 2,600 petrol stations and more than 2,500 franchise establishments. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 6
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Novaland has successful first half 2020 thanks to M&A strategy
Novaland firmly believes that the mission of “Creating Community – Building Destinations – Cultivating Happiness” will bring valuable products to society, which will recognise it as a national and reputed international brand, always contributing to the nation’s overall development. … [Read more...] about Novaland has successful first half 2020 thanks to M&A strategy
VN tourism revenue sinks as pandemic hammers demand
A street in Hanoi capital during the social distancing period The number of international visitors to Vietnam has significantly reduced since March, nearly two months after the first confirmed cases of COVID-19 appeared in Vietnam. The number slumped by 99.3 percent in June compared to the same period last year. … [Read more...] about VN tourism revenue sinks as pandemic hammers demand
Lao holds flag-raising ceremony to mark ASEAN 53rd anniversary
Vientiane (VNA) – A solemn flag-raising ceremony was held at the office of the Lao Foreign Ministry in Vientiane to mark the 53rd anniversary of the Association of Southeast Asian Nations (ASEAN). Speaking at the August 4 event, Lao Foreign Minister Saleumsay Kommasith stressed that over the past 53 years, the regional bloc has made considerable contributions to peace, stability and prosperity in the region and the world over. He also highlighted the successes recorded at the 36th ASEAN Summit and related meetings held only with Vietnam on the chair. According to him, over the past 23 years since Laos joined ASEAN, the country has taken an active part in the grouping’s orientations, helping raised its role at regional and international arenas. The Lao official reaffirmed his country’s commitments to continuing its active part in the ASEAN orientations towards the realisation of the building of the ASEAN Community by 2025. He also spoke highly of support, assistance … [Read more...] about Lao holds flag-raising ceremony to mark ASEAN 53rd anniversary
SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach
“We are proud of having a team rich in experience in financial solutions and a solid banking background,” Dinh Quang Huy, CEO of SHB Finance told VIR. “With our comprehensive knowledge in the field, we believe we’re evolving in sync with the burgeoning demands of the consumer finance industry.” … [Read more...] about SHB Finance secured Moody’s Stable outlook rating, persistent with international practice approach
