Ending monopoly in fuel imports key to boost petroleum market competitiveness: Experts
The participation of new players in the petroleum market would create benefits for businesses and customers.
14:08, 2021/06/22Japan-based ENEOS forks out US$60 million to raise shareholding at Petrolimex
With this deal, the Japanese firm has become the third-largest shareholder at Petrolimex with a total share amount of 63 million, or a 4.87% stake.
11:36, 2021/02/08Stocks to ride on Vietnam economic recovery in 2021
Cement, petroleum and retail stocks are those that could see strong rises in 2021.
16:34, 2020/08/25Japan-based Eneos plans to acquire US$28-million stake of Vietnam Petrolimex
With Petrolimex share price of VND50,400 (US$2,17) apiece at the close on August 25, Eneos is set to fork out at least VND650 billion (US$28 million) to complete the deal.
18:57, 2020/07/13Vietnam trade ministry proposes opening petroleum retail market for foreign firms
Under the revised regulation, local oil and petrol traders are now allowed to transfer their stakes to foreign investors but foreign ownership should not exceed 35%.
17:47, 2020/03/09Vietnam Airlines hardest hit by Covid-19 among major state firms
Most major state-firms are facing a gloomy outlook as Covid-19 is wreaking havoc on the economy.