Petrolimex to be equitised

Minister of Industry and Trade Vu Huy Hoang has signed a decision to equitise the Vietnam National Petroleum Corporation (Petrolimex).

Seventy-five percent of the equitised corporation’s charter capital will be held by the State and its members will be managed by its President-cum-General Director in the form of corporation.

Petrolimex’s value has been assessed since Janaury 1, 2010.

The concrete equitisation scheme will be devised by the ministry’s enterprise development and reform committee and Petrolimex’s equitisation steering committee.

vov

>   VN Airline promotes brand abroad (12/02/2010)

>   Italian machinery industry seeks opportunities in Vietnam (12/02/2010)

>   AirAsia, VietJet to launch budget airline (12/02/2010)

>   Viettel continues expansion abroad (12/02/2010)

>   First flight marked (12/02/2010)

>   $65m Dai Hung oilfield contract signed (12/02/2010)

>   Only registered animal feeds will be allowed into Viet Nam (12/02/2010)

>   Domestic processors to improve catfish export quality, value (12/02/2010)

>   Many ships sink maritime recovery (12/02/2010)

>   New manual helps fishermen who plan to sell to EU market (12/02/2010)