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Official nationwide sale of E5 RON92 biofuel begins

A gas station of PVOil. The Việt Nam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on Friday officially began the supply of E5 RON92 bio-fuel for sale nationwide. — VNA/VNS Photo Anh Nguyễn Viet Nam News HÀ NỘI — The Việt Nam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on Friday officially began the supply of E5 RON92 bio-fuel for sale ... Read More »

Thai Beverage yet to decide on Sabeco stake bid

Vietnam Beverage Co Ltd, a local unit of Thai Beverage Public Co Ltd, has yet to place a deposit in order to bid for a stake of over 25% in Saigon Beer, Alcohol and Beverage Corporation (Sabeco). This is contrary to what the Ministry of Industry and Trade said in an earlier press release. Thai Beverage made it clear in ... Read More »

Phú Quốc urges careful consideration over land purchases

A land for sale advertisement in Phú Quốc Island. – VNA/VNS Photo Lê Huy Hải Viet Nam News HÀ NỘI — Authorities in the southern province of Kiên Giang’s Phú Quốc District urged careful consideration to be given to decisions regarding land purchases. This consideration comes amidst a land price fever heating up in the island district over prospects that ... Read More »

Vietsovpetro earns US$1.89 billion in revenue, exceeding goal

CNTT-3 platform in Bạch Hổ field. — Photo vietnamplus.vn Viet Nam News BÀ RỊA – VŨNG TÀU — The Việt Nam-Russia oil and gas exploration joint venture (Vietsovpetro), on Thursday, announced that it has earned more than US$1.89 billion, exceeding its target of $1.88 billion set for 2017. The firm’s sale of oil and gas is expected to generate $1.97 ... Read More »

Vietnam Airlines to add 1,100 flights for Tet

Vietnam Airlines will offer 1,100 more flights to meet travel demand during the upcoming Lunar New Year (Tet) holiday. Vietnam Airlines will offer 1,100 more flights to meet travel demand during the upcoming Lunar New Year (Tet) holiday The flagship carrier said in its latest press release that it will run additional flights from January 31 to March 2 on ... Read More »

FDI: many figures, few explanations

VietNamNet Bridge – By October 20, implemented foreign direct investment (FDI) had reached $14.2 billion and foreign portfolio investment (FPI) $4.7 billion, according to the General Statistics Office (GSO). By October 20, the implemented FDI had reached $14.2 billion The public now can access figures about foreign investment monthly from the Foreign Investment Agency (FIA) and GSO, and quarterly from ... Read More »

Vietnam’s rice market fares well

Vietnam shipped abroad nearly 5.2 million tonnes of rice worth over 2.27 billion USD in the first 11 months of this year, surpassing the figure of the entire 2016 at 4.9 million tonnes, according to the Vietnam Food Association. Harvesting rice by using a combine harvester In November, rice export volume exceeded 371,000 tonnes, down from over 437,000 tonnes in ... Read More »

E5 RON92 bio-fuel officially sold nationwide

The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline. PVOil’s mixing station in Ho Chi Minh City Petrolimex said the firm has operated E5 fuel mixers at repositories in Hanoi, Hai Phong, Da Nang, Ho Chi ... Read More »