The EVFTA is offering favorable conditions for Vietnamese tourism businesses to expand operations by taking advantage of market opening commitments and preferential policies applied to hotels, restaurants, travel agents, tour operators and tour guide services. “There will be great opportunities for Vietnam to attract investment and promote business cooperation in the field of tourism with the EU,” Trang said. … [Read more...] about Vietnam’s tourism eager for EU trade deal opportunities
2020 renewable energy target eu
European Council approves EU-Vietnam free trade agreement
Workers process shrimp for export to the European Union and the United States at a company in the Mekong Delta province of Ca Mau - PHOTO: VNA HCMC - The EU-Vietnam Free Trade Agreement (EVFTA), which will eliminate virtually all tariffs on goods traded between the two sides, was approved by the European Council on March 30 after the European Parliament’s ratification on February 12. … [Read more...] about European Council approves EU-Vietnam free trade agreement
Petrolimex to sell large stake to JX Nippon Oil & Energy
If the share sale is completed, the State holding in the group would be reduced to about 75 percent, said Dinh Viet Tien, chief of Petrolimex's Supervisory Board at its annual shareholders' meeting on May 26. This move is in line with the Petrolimex' equitis-ation plan approved by the Prime Minister in May, 2011, to raise its charter capital from 10.7 trillion VND (493.1 million USD) to 12.5 trillion VND (576 million USD). The Ministry of Industry and Trade represents State ownership in Petrolimex with a 95-percent stake. Petrolimex signed a memorandum on strategic co-operation with JX Nippon Oil and Energy last December. The group expects collaboration with the Japanese investor, who has strong financial capacity with 37 percent of market shares in Japan, will promote its financial situation and corporate governance. At the meeting, Petrolimex' executives also reported on business performance in 2014 and plans for this year. Ending September, 2014, the group still earned a profit … [Read more...] about Petrolimex to sell large stake to JX Nippon Oil & Energy
Puxing Clean Energy Announces 2019 Annual Results and Proposed Change of Company Name
Mr. Wei Junyong, Chairman of Puxing Clean Energy, concluded, "We believe that the natural gas power generation business is still a promising industry in the next five to ten years. As an enterprise with its core development of providing integrated energy, we wholeheartedly embrace the great energy era and will transform into an integrated energy supplier based on the core philosophy of 'Energy + Technology' to develop diverse energy businesses and instill new energy into the Group for enhancing its long-term growth potential and value to shareholders. In the coming years, apart from focusing on expanding its installed capacity and heating business, the Group will pursue new businesses such as auxiliary power service, energy contracts management and energy storage as its future development goals in order to maximise benefits and returns to shareholders with its utmost efforts." … [Read more...] about Puxing Clean Energy Announces 2019 Annual Results and Proposed Change of Company Name
Vicostone targets more revenue and profit this year
From the beginning of 2019, VCS shares rose from the price of VND55,000 per share to VND100,000 per share at the end of September. However, VCS then plummeted and is currently trading around VND53,000 per share, closing Tuesday at VND53,200 per share. … [Read more...] about Vicostone targets more revenue and profit this year
