With the plan, VNPT hopes to become a strong State-owned economic group, a leading digital services supplier in Vietnam and a digital transaction centre in Southeast Asia and Asia. The group is aiming for average turnover growth of at least 6.5% a year and annual average profit increase of at least 10.8% by 2020, and at least 7.7% and over 11%, respectively, during 2021-2025. The group will provide telecommunications and information technology products, media products, provide consultancy and maintenance for telecommunications, information technology and media buildings and manufacture, import and export telecommunications, IT and media products.Following the restructuring plan, VNPT will establish VNPT Information Technology Company, merge the VNPT Hospital of Nursing – Rehabilitation in Hai Phong city into the Hospital of Post and Telecommunications in Hanoi and maintain the Vietnam Telecom Services Corporation.
VNPT’s restructuring plan get green light have 130 words, post on english.vov.vn at 2018-01-05 04:53:18. This is cached page on VietNam Breaking News. If you want remove this page, please contact us.
The Viet Nam Bank Card Association's report says that 68.55 million bank cards were in use in the Vietnamese market at the end of the first quarter of 2014.— Photo techz HCM CITY (VNS) — Fourteen banks in HCM City have restructuring plans for the 2013–15 period; of these, eleven have already had their schemes approved by the State Bank of Viet Nam (SBV).This statement was reported at a working session of the local National Assembly member delegation with the SBV branch and credit institutions in the city on May 12.The eleven banks include Sai Gon Commercial Bank, Nam Viet…... [read more]
The Prime Minister has approved an agricultural restructuring plan from 2017 to 2020. Accordingly, the plan targets the sector’s GDP growth of three per cent per year by 2020. Average labour productivity is expected to expand by 3.5 per cent annually and the share of labour in agriculture will decrease below 40 per cent. About 22 per cent of agricultural workers will be trained. The income of rural labourers will increase at least 1.8 times compared to 2015 and 50 per cent of communes will meet new rural area standards. 15,000 cooperatives and unions of agricultural cooperatives will operate effectively…... [read more]
>> Samsung opens huge customer service plaza in town >> Petrosetco dials in Samsung >> Samsung concerned over tax incentives The Government Office just announced that “the government will continue granting highest incentives to the new investment project of Samsung Electronics if the project meets criteria and commitments like the Samsung Electronics Vietnam in Bac Ninh province.” Kim Yong Seok, complex planning director of Samsung Electronics Vietnam, last week confirmed with VIR that Samsung had received a green light from the government to enjoy incentives. That means the firm will enjoy a 10 per cent corporate income tax for all…... [read more]
The government is considering a draft decree on the casino business, the Prime Minister said at a meeting with Quang Ninh authorities on December 22. He also confirmed that the Politburo’s decision has already given permission for Vietnamese people to enter two casinos, one at Van Don and one on Phu Quoc Island. The Ministry of Finance (MoF) in September said that local people should not be allowed to enter casinos, even though the country’s senior leadership had already given the green light to lifting the ban several years ago.In its latest draft decree submitted last month to the government for approval,…... [read more]
The People’s Committees of Hanoi and HCM City will sign an annual action plan with the United Nations Development Programme (UNDP) responsible for this scheme.Meanwhile, the central province of Quang Binh has received the green light to go ahead with a Spain-funded solar power project.From 2008 until 2010, Quang Binh will install solar batteries at a cost of nearly VND215 billion to provide electricity to 10 remote communes that are not connected to the national power grid.... [read more]
Throughout the restructuring process, EVN’s three power generation corporations have been operating smoothly.Amid gloomy stock market, the group was still active in developing its divestment plan, organised public auctions as well as sought partners to transfer their capital in enterprises that needed to be divested. It completed divestment in six out of seven non-core enterprises.Thanks to its rational organisation, EVN’s total member companies reduced to 38 from 88 units.Throughout four years, the group played a vital role in stabilising the country’s macro-economy, providing public services and consolidating security and defence. It also took the lead in an investment programme to…... [read more]
VietNamNet Bridge - There are some positive signals coming from the clean energy sector in Vietnam with a number of energy saving investment projects getting the green light. Korean LED lighting manufacturer Fawoo Technology and Kim Dinh International Group Joint Stock Company have just set up a new joint venture Fawoo-Kidi Company Limited (FK Tech) to kick-off an energy saving project in Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City. The $12.3 million project, which was licenced this month and scheduled to start production in 2012, aims to research, develop and manufacture high quality, power-saving and cost-efficient LEDs. The…... [read more]
UN Special Envoy Staffan de Mistura, who won the green light at talks with Foreign Minister Walid al-Moualem, said the world body would test the government commitment to allow access on February 17 but gave no details.Their meeting in Damascus came at a time when government forces have been advancing rapidly with the aid of Russian air strikes, and just days before an internationally agreed pause in fighting is due to take effect.De Mistura said they had discussed the issue of humanitarian access to areas besieged by all sides in the five-year war."It is clear it is the duty of…... [read more]
At this point, only Global Petro Bank (GPBank) has not submitted its restructuring plan in Hanoi while a rumour about M&A performed by PetroVietnam Finance Corporation (PVFC) is spreading in Ho Chi Minh City.In early 2012, the leader of the State Bank of Vietnam (SBV) announced the intention to merge 5 - 8 banks in the first quarter of 2012. However, while the third quarter is almost over, only two banks - Habubank and SHB – have completed their restructuring plans. This is the first merger in the year. Dau Tu (Vietnam Investment Review) on August 15 quoted SBV Deputy Governor…... [read more]
MobiFone, VNPost restructuring plans approved HCMC – The Ministry of Information and Communications has approved the restructuring plans of MobiFone Corporation and Vietnam Post Office Corporation (VNPost), said a report on VietnamFinance news website. The approvals were granted in two separate decisions – Decision 1799/QD-BTTTT and Decision 1586/QD-BTTTT issued on October 20 and September 25 respectively. In the January-October period, the Prime Minister approved a restructuring plan of Vietnam Electricity Group (EVN) and a list of enterprises under Vietnam National Oil and Gas Group which will have to be restructured, equitized and divested by 2020, the news report quoted the…... [read more]
