China tech giant Huawei eyes further 5G cooperation with Vietnam telecom majors

China tech giant Huawei eyes further 5G cooperation with Vietnam telecom majors

Chinese tech giant Huawei targets further 5G cooperation with VNPT and MobiFone, two state-controlled telecom giants in Vietnam, said vice president of Huawei Asia Pacific Zhengjun Zhang.

Companies - Thu, May 16, 2024 | 11:51 am

PM orders plan to assist Vietnam Airlines' survival

PM orders plan to assist Vietnam Airlines' survival

Prime Minister Pham Minh Chinh has asked the Commission for the Management of State Capital at Enterprises (CMSC) to submit a plan this month for resolving problems facing Vietnam Airlines.

Companies - Fri, February 16, 2024 | 9:33 pm

Vietnam PM asks major groups, corporations to turn higher profit

Vietnam PM asks major groups, corporations to turn higher profit

State-owned groups and corporations with large resources that take on important missions must restructure to become profitable, thus contributing more to the country’s GDP growth and budget revenue, said Prime Minister Pham Minh Chinh on Monday.

Economy - Tue, February 6, 2024 | 9:40 am

Vietnam to handle 2-3 ailing banks, industrial projects this year

Vietnam to handle 2-3 ailing banks, industrial projects this year

The State Bank of Vietnam (SBV) and the Commission for the Management of State Capital at Enterprises (CMSC) will have to finish the handling of at least two to three banks and industrial projects by the end of this year, according to a government decision.

Banking - Mon, December 18, 2023 | 11:00 am

China Rare Earth Group seeks cooperation opportunities in Vietnam

China Rare Earth Group seeks cooperation opportunities in Vietnam

State-owned China Rare Earth Group Co. is eyeing cooperation opportunities with Vietnam's mining giant Vinacomin, said the former's deputy general manager Hu Guhua.

Industries - Fri, November 24, 2023 | 6:18 pm

EVN leaders face heat for northern Vietnam power shortages

EVN leaders face heat for northern Vietnam power shortages

The Commission for the Management of State Capital at Enterprises (CMSC) has proposed reprimanding leaders of state utility Vietnam Electricity (EVN) for power shortages in the northern region this summer.

Economy - Mon, October 23, 2023 | 7:19 pm

Revenue of 19 state-run groups, corporations equal to 20% of Vietnam GDP

Revenue of 19 state-run groups, corporations equal to 20% of Vietnam GDP

Nineteen business groups and corporations under Vietnam's Commission for the Management of State Capital at Enterprises (CMSC) reported revenue of nearly $82 billion last year, equivalent to 20% of Vietnam’s GDP.

Companies - Wed, September 27, 2023 | 9:55 pm

Vietnam Railways set 2023 profit target of $127,000

Vietnam Railways set 2023 profit target of $127,000

State-owned group Vietnam Railways has been asked to achieve revenue and after-tax profit of VND6.51 trillion ($275.3 million) and VND3 billion ($127,000) this year, respectively.

Companies - Mon, July 3, 2023 | 5:58 pm

Airbus to deliver 50 narrow-body aircraft to Vietnam Airlines from 2025

Airbus to deliver 50 narrow-body aircraft to Vietnam Airlines from 2025

Airbus S.A.S should deliver narrow-body aircraft to Vietnam Airlines from 2025 to boost the carrier's recovery and growth post pandemic, said a state capital management official.

Companies - Thu, September 15, 2022 | 8:04 pm

19 SOEs see H1 state budget contribution up 8%

19 SOEs see H1 state budget contribution up 8%

Nineteen state-owned enterprises under the Commission for the Management of State Capital at Enterprises (CMSC) paid about VND31.9 trillion (over $1.36 billion) to the state budget in this year’s first half, up 8% year-on-year.

Companies - Wed, July 20, 2022 | 2:48 pm